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Topic: Elkem

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	Elkem - Wikipedia, the free encyclopedia
		Elkem is one of Norway's largest industrial companies, and one of the world's leading suppliers of metals and materials.
		Elkem was founded in 1904 by Sam Eyde with the intention of development of furnaces and prosesses for electro metals.
		In 1981-84 Elkem acquired Union Carbides plants in Norway and North America and in 1986 it acquires the plants at Thamshavn and Bjørvefossen.
	en.wikipedia.org /wiki/Elkem (502 words)

	CNN.com - Alcoa bids $850M for Elkem - January 9, 2002 Posted: 1029 GMT
		Elkem is Norway's second largest aluminium producer behind Norsk Hydro, which agreed this week to buy the VAW aluminium unit from Germany's EO.N on Monday for 3.1 billion euros ($2.76 billion) to make it the world's third largest aluminium producer behind Alcoa and Alcan.
		Elkem's main products are ferroalloys, silicon metal, aluminium, carbon and microsilica -- metals used in industries ranging from steel to electronics.
		Elkem's aluminium division is already owned 50-50 with Alcoa and has an annual potroom capacity of 200,000 tonnes.
	archives.cnn.com /2002/BUSINESS/01/09/alcoa.reut (620 words)

	Norwegian Companies in USA -- 12 (Norway - the official site in the United States)
		Elkem Metals Company Elkem Makes Metals The New River, one of the wildest racing through West Virginia's mountains, suddenly becomes a lake 40 miles west of Charleston formed by the Hawks Nest Dam.
		Elkem a/s, a leading industrial company in Norway, is one of the world's leading suppliers of ferroalloys and silicon metal.
		Elkem is also engaged in aluminum production, the manufacture of carbon products, as well as a number of special products.
	www.norway.org /News/archive/1996/199604elkem.htm (1039 words)

	National Center for Photovoltaics - NCPV Hotline
		AstroPower and Elkem estimate that the annual market for solar-grade silicon is currently approximately $75 million, and it is forecasted to grow at 25% - 30% over the next five years.
		Elkem is the world's largest producer of silicon metal, serving the aluminum, chemical, electronic and solar industry.
		Silicon metal is produced at Elkem Alloy in West Virginia and at the Norwegian plants Elkem Bremanger, Elkem Fiskaa Silicon, Elkem Meraker and Elkem Thamshavn applying the most advanced manufacturing technologies.
	www.nrel.gov /ncpv/hotline/12_00_elkem.html (746 words)

	Elkem - Wikicompany (Site not responding. Last check: 2007-10-31)
		Elkem ASA is one of Norway's largest industrial companies, and one of the world's leading suppliers of metals and materials.
		Elkem has more than 40 production plants in Europe, North America, South America and Asia, in addition to several hydroelectric power systems and a comprehensive network of sales offices and agents.
		Elkem et Abitibi Consol acceptent de rehausser le niveau du lac si...
	www.wikicompany.org /wiki?title=Elkem&printable=yes (148 words)

	Intentia Signs Final Agreement for Implementing Elkem's e-business Project : ArriveNet Press Releases : Business (Site not responding. Last check: 2007-10-31)
		Elkem is one of Norway's largest industry groups and one of the leading suppliers of metals in the world.
		Elkem is one of the world's leading suppliers of metals and materials.
		Elkem has approximately 4,100 employees, of which approximately 3,000 are in Norway, as well as 26 wholly or partly owned companies/production plants in Europe, North and South America.
	press.arrivenet.com /business/article.php/314517.html (924 words)

	Alcoa's bid for Norwegian company rejected - Oct. 7, 2002 (Site not responding. Last check: 2007-10-31)
		Elkem, whose chairman Finn Jebsen is also chief executive of Orkla, noted that a study it commissioned in January when Alcoa made a failed full takeover offer at 155 crowns a share indicated that Elkem shares were worth 200-220 crowns.
		Elkem had a pretax profit of 219 million crowns in the second quarter of 2002.
		Elkem also said that if Alcoa won control of Elkem, its newly acquired controlling stake in Swedish aluminum processing group Sapa might fail to yield full benefits because Sapa might run into antitrust objections from Brussels.
	money.cnn.com /2002/10/07/news/deals/alcoa_norway.reut/index.htm (646 words)

	Elkem Metals Co., L.P. v. Washington Cty. Bd. of Revision - Ohio Supreme Court Opinion - Ohio Supreme Court Decision - ...
		Elkem's 1993 complaint was determined by the common pleas court not to
		Elkem delivered its complaint for tax year 1993 to the BOR, it "filed" a complaint.
		Elkem finally argues that by dismissing the second complaint, it is being
	www.romingerlegal.com /Ohio_case_law/1998/1998-ohio-601.html (1802 words)

	Orkla moves to placate Alcoa in Elkem bid
		On 10 January Orkla secured 50.03 per cent control of Elkem, giving it a platform to launch a bid for the entire company, which it values at 11.59 billion crowns (1.6bn).
		Elkem is the world's biggest producer of silicon metal and also makes ferrosilicon, aluminium and controls Swedish listed aluminium products firm Sapa.
		Indeed, Elkem has long been caught in the middle of Orkla and Alcoa, which also has a joint venture with Elkem in aluminium and has cooperated with it for decades.
	www.foodproductiondaily-usa.com /news/ng.asp?id=57909-orkla-moves-to (561 words)

	MENAFN - Middle East North Africa . Financial Network News: Alcoa to Tender Its Elkem Shares for Significant Gain; ...
		In January, Orkla increased its holdings in Elkem to a 50.03 percent stake and subsequently launched a mandatory offer to buy all remaining shares for 236 Norwegian Kroner (NOK) each.
		Alcoa began purchasing shares in Elkem ASA in 1998 and its average cost base is NOK 132.
		Alcoa had previously made mandatory tender offers for the outstanding shares of Elkem on January 9, 2002 for 155 NOK and October 2, 2002 for 175 NOK.
	www.menafn.com /qn_news_story.asp?StoryId=CqJ:MubKbmdGXyJeWmJK (741 words)

	ELKEM: Aluminium Business 4th Quarter 2004 \| Elkem, Aluminium, income, operations, fourth quarter, operating margin, ... (Site not responding. Last check: 2007-10-31)
		The Aluminium reporting group, which consists of Elkem's 50 per cent holding in Elkem Aluminium ANS, recorded income from operations before goodwill depreciation and other items of NOK 111 million (94) in the fourth quarter.
		At the end of the quarter Elkem Aluminium, on a 100 per cent basis, had hedged USD 221 million of its estimated income streams in USD over the next two years, divided between USD 121 million through forward sales (exchange rate 8.50) and USD 100 million through put options (average strike price 8.34).
		During 2003 a major modernisation and expansion programme was completed at Elkem Aluminium Mosjøen representing a total investment of almost NOK 2 billion.
	webbolt.ecnext.com /coms2/description_44827_ELKEM220205_MET (899 words)

	Forbes.com: Alcoa<AA.N> says no pressure to raise Elkem stake (Site not responding. Last check: 2007-10-31)
		Alcoa has a 46.5 percent stake in Elkem after steady buying in recent years but has received almost no acceptances for an offer last October to buy an extra seven percent that would have given it control over the group.
		Belda noted that Alcoa and Elkem, which has in the past voiced concern about Alcoa's rising stake in the group, have a long-running cooperation via their jointly owned Elkem Aluminium unit.
		Elkem shares closed on Wednesday on the Oslo bourse at 158 Norwegian crowns ($20.65).
	forbes.com /technology/futuretech/newswire/2003/08/28/rtr1068047.html (314 words)

	Elkem announced to sponsor concrete research work \| Elkem Materials Middle East
		Eng Ahmad Ibrahim, General Manager of Elkem Materials Middle East and Africa announced to sponsor any research work carried out in the U.A.E related to durable and high strength concrete.He was replying to the question raised by a student from the American University in Sharjah, who raised the point during an open discussion session.
		Erik Brigsme from Norway welcomed the foreign delegates and local guests and briefly explained about Elkem Materials, which is the largest microsilica supplier and leader in the marketing and implementation of microsilica and its application technology worldwide.
		Famous for his technical background and presentations, Robert is presently working, as a Technical Manager of Elkem Materials U.K. 'Durability strategy for structural concrete of Shanghai East Sea Bridge', was the topic of his paper.
	www.ameinfo.com /55331.html (985 words)

	Firehouse.Com News - 7/31/01 - Fire at Elkem Metals Injures Firefighter
		The area of the fire is an automotive area and no evacuation of plant personnel was needed, said Ashtabula Township Fire Chief Ron Licata.
		Jefferson Fire Department was on stand-by for the township.
		Elkem Metals could not be reached for a comment.
	www.firehouse.com /news/2001/7/31_Pinjuredff.html (260 words)

	Elkem refuses Alcoa bid - Dayton Business Journal: (Site not responding. Last check: 2007-10-31)
		Elkem has rejected a move made last week by aluminum manufacturer Alcoa Inc. to increase it ownership stake in Norwegian metals group, according to news agency Reuters.
		Pittsburgh-based Alcoa had proposed to increase its stake from 46.3 percent to 53.4 percent and majority status by buying 3.5 million shares in Elkem.
		Elkem employs 4,000 people in Norway, manufacturing aluminum, silicon metal and ferroalloys.
	www.bizjournals.com /dayton/stories/2002/10/07/daily2.html?t=printable (147 words)

	Investor's Business Daily: Breaking News
		Alcoa's protest requests that the bourse review whether its approval of the Orkla bid, launched Jan. 10, was proper and whether the bid price was too low, the spokesman said.
		On Jan. 10 Orkla gained a controlling interest in Elkem by buying up shares from a mix of banks and insurers.
		Elkem has been caught in the middle of ownership struggles between its co-founders Alcoa and Orkla since 1998.
	www.investors.com /breakingnews.asp?journalid=25853426&brk=1&rb=1 (505 words)

	Alcoa to cut 2,000 jobs; sell stake in Norway's Elkem ASA (phillyBurbs.com) \| Pennsylvania News
		Orkla, an Oslo-based chemicals, food, media and investment firm, increased its holdings in January to a controlling 50.3 percent stake in Elkem, and launched an offer to buy all remaining shares.
		The purchase of Alcoa's stake gives Orkla a roughly 97 percent state in Elkem.
		Elkem has a strong management and organization, and we look forward to taking part in the long term value creation in the company," said Orkla's acting president and chief executive, Dag J. Opedal.
	www.phillyburbs.com /pb-dyn/news/103-03222005-466434.html (651 words)

	Elkem Agrees to Sell West Virgia Plants (phillyBurbs.com) \| General
		OSLO, Norway - Elkem ASA announced a $130 million deal Monday to sell a U.S. silicon plant and an option to sell an associated hydroelectric plant as part of a restructuring of its silicon metals operations.
		Elkem said the deal would be completed early next year.
		Elkem, with about 11,000 employees, is a major producer of aluminum, silicon metal, ferrosilicon for steel and iron foundries, carbon products and microsilica.
	www.phillyburbs.com /pb-dyn/news/24-12192005-586421.html (240 words)

	Orkla gets Oslo ultimatum: bid for Elkem or sell shares - Oslo Stock Exchange; Orkla A/S takeover bid of Elkem A/S ... (Site not responding. Last check: 2007-10-31)
		The exchange also appeared to agree with Pittsburgh-based Alcoa Inc.'s assessment that Orkla and its associates were operating in tandem to keep it from gaining control of Elkem and to artificially inflate the share price.
		Analysts said it was unlikely that Orkla would make a bid for 100 percent of Elkem and therefore was likely to sell off some of its shares.
		If Orkla were to make a low bid, it could be accused of hypocrisy as it previously criticized Alcoa for making what it termed an inappropriate bid, analysts told AMM, but if it made a high bid it risks being left with a company in which it has no interest in controlling.
	www.findarticles.com /p/articles/mi_m3MKT/is_2002_Dec_19/ai_95613384 (489 words)

	Elkem Holding, Inc. information and related industry information from Hoover's
		Elkem Holding is the North American holding company for Norway-based Elkem ASA.
		Among its operating subsidiaries are Elkem Metals Co. and Elkem Materials.
		Norway-based Orkla, which has taken control of the parent company, plans to sell the silicon metal operations of Elkem in West Virginia (Elkem Alloy).
	www.hoovers.com /elkem-holding/--ID__110607--/free-co-factsheet.xhtml (393 words)

	RenewableEnergyAccess.com \| Elkem Invests in Silicon for Solar Cells
		[RenewableEnergyAccess.com] Elkem has agreed with the two main shareholders of Renewable Energy Corporation, Good Energies and Hafslund Venture, to acquire a 23 percent ownership position in Renewable Energy Corporation for a total consideration of approximately NOK 450 million (US $70.2 million).
		Renewable Energy Corporation is a Norwegian company that produces silicon feedstock and wafers for the photovoltaic industry.
		Elkem has over the last years made considerable investments in the development of a new silicon feedstock for the solar cell industry, and expects to commence construction of a pilot plant in the near future.
	www.renewableenergyaccess.com /rea/news/story?id=17583 (148 words)

	Ductile Iron Society - Elkem Ad (Site not responding. Last check: 2007-10-31)
		Elkem, an International company with several locations in
		Work with foundries to test and approve company's products and offer technical support as required.
		Represent Elkem at foundry technical groups such as AFS and DIS.
	www.ductile.org /elkemad.htm (128 words)

	EPA - TTN NAAQS OH ELKEM METALS CO.
		EPA - TTN NAAQS OH ELKEM METALS CO.
		National Ambient Air Quality Standards > Ozone Implementation > Emissions and Air Quality Data > 1996 National Emission Trends Data > State Emission Index > OH Index > ELKEM METALS CO.
		Data for Ozone Planning - Designations, etc.
	www.epa.gov /ttn/naaqs/ozone/areas/plant/oh/pl38686x.htm (143 words)

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