- In February 2024, Ferroglobe and Longi announced a long-term silicon supply agreement, aimed at strengthening the stability and reliability of raw material sourcing across the silicon industry. This strategic partnership is expected to support long-term growth in the global silicon metal supply chain.
- In October 2023, Ferroglobe acquired a high-purity quartz mine located in South Carolina, U.S., to ensure secure access to a critical raw material for silicon metal production. This move is anticipated to help Ferroglobe meet rising global demand for high-purity silicon metal
- In December 2022, China initiated the trading of the world’s first industrial silicon futures, enhancing tools for price discovery and risk management in the silicon market. This development is expected to bring more transparency and stability to global silicon trading.
- In May 2022, Wacker Chemie AG revealed plans to expand its silicon metal production capacity at its Holla facility in Norway, in response to the increasing global demand. The expansion is projected to reinforce Wacker’s presence as a major supplier in the silicon market.
- In May 2022, Dow Inc. introduced Silastic MS-5002, a moldable liquid silicone rubber designed with low mold shrinkage, supporting more sustainable and faster recycling processes. This innovation is expected to drive eco-friendly solutions in the silicon-based material sector
