Elkem's silicon unit sale may not be last

Dec 21, 2005 | 02:54 PM | David Brooks

Orkla ASA, parent company of Norwegian metals producer Elkem SA, might not be finished divesting its alloy assets, industry sources said this week after Elkem agreed to sell its U.S. silicon plant to a competitor.

Orkla said Monday that "in line with its stated strategy regarding the restructuring of its silicon metal operations," it had agreed to sell the silicon plant in Alloy, W.Va., to Globe Metallurgical Inc., Beverly, Ohio, which already produces silicon at its three U.S. plants.....

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