Elkem ASA acquired Basel Chemie, a Korean producer of specialty silicone gels for cosmetics and water repellents for the construction industry for $26.9 million. The acquisition gives Elkem access to leading technology in attractive end-user silicone segments and provides a solid platform for further development and growth, according to the company. Basel Chemie was founded in 1999 and has a state-of-the-art plant near Gunsan and a new research and development and office center in Seoul. The com...