Bluestar announces that the previously outlined strategic measures at Elkem are proceeding in accordance with plan with a positive impact on performance. Bluestar is considering various further strategic initiatives for Elkem, which may include assessing the public equity markets. Elkem is a global silicon chain leader, present in all segments of the silicon value chain, from upstream quartz mining to silicon, silicones and downstream silicon specialities. Bluestar will continue to support Elkem’s expansion, as most recently demonstrated by the integration of Bluestar Xinghuo Silicones and Yongdeng Silicon Materials into the Elkem group.