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WACKER Strengthens Portfolio of Specialties by Expanding its Production Capacities for Silicone Rubber Worldwide

19-Dec-2018

WACKER is increasing its global production capacities for silicone rubber. With expansion measures at several sites, WACKER plans to gradually raise its capacities by a total of 40,000 metric tons per year by 2021. Approximately €100 million has been earmarked for this capacity expansion. With ...

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WACKER Confirms Forecast of Higher Sales and EBITDA for Full-Year 2018

25-Oct-2018

In Q3 2018, Wacker Chemie AG increased sales and EBITDA year over year in its chemical business. Group sales and EBITDA, though, were lower on balance than last year, given the challenging market environment for solar silicon. The Munich-based chemical company posted sales of €1,242.7 million for ...

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WACKER Opens New Production Site for Silicones in South Korea

25-Apr-2018

Wacker Chemie AG opened a new production site for silicone elastomers in South Korea. The plant is located around 100 kilometers southeast of Seoul at Jincheon, where the Group has already been producing silicone sealants since 2010 and specialty silicones for the electronics industry since 2012. ...

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Wacker opens a new plant for functional silicone fluids in India

21-Mar-2018

Wacker Metroark Chemicals Pvt. Ltd. is expanding its existing silicone production at its Amtala site near Kolkata with a new hydrosilylation plant for manufacturing functional silicone fluids. The plant with an annual capacity of over 6,000 metric tons was officially opened at a ceremony in ...

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WACKER expects further sales and earnings growth for 2018

14-Mar-2018

As already reported, Wacker Chemie AG met or surpassed its own projections for all its performance indicators in 2017. On presenting its annual report, the Munich-based chemical company announced that Group sales reached €4.92 billion, up 6 percent year over year (2016: €4.63 billion). The rise ...

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WACKER ends 2017 with Substantial Sales and Earnings Growth

09-Feb-2018

Following a good fourth quarter, Wacker Chemie AG achieved its sales and earnings targets for full-year 2017. According to preliminary figures, the Munich-based chemical group’s reporting-year sales came in at €4.92 billion (2016: €4.63 billion), up some 6 percent versus 2016. The increase was ...

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Wacker: Rudolf Staudigl re-appointed as president and CEO

11-Dec-2017

Wacker Chemie AG’s Supervisory Board re-appointed Dr. Rudolf Staudigl (63), President & CEO, thereby considering Staudigl’s request for a three-year term. The current contract of Rudolf Staudigl, who has led the Munich-based chemical company since 2008, expires on September 30, 2018. At the same ...

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WACKER Further Expands its Production and R&D Capacities in China

10-Nov-2017

Wacker Chemie AG will expand its production capacities for silicone and polymer products in China and continue to reinforce its research and development capability in order to further strengthen its market position in the region. Specifically, the company is expanding its solid silicone rubber ...

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WACKER breaks ground on new production plant in South Korea

09-Nov-2017

Wacker Chemie AG is expanding its existing production plants for dispersions and dispersible polymer powders in South Korea. With the mayor of Ulsan Gi-Hyeon Kim and numerous customers in attendance, WACKER Executive Board member Dr. Christian Hartel, head of WACKER POLYMERS Peter Summo and head ...

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After a strong Q3 WACKER expects to post full-year EBITDA of €1 billion

30-Oct-2017

Wacker Chemie AG substantially increased its sales and EBITDA in the third quarter of 2017, both year over year and quarter over quarter. The Munich-based chemical company posted sales of €1,311.6 million in the reporting quarter (Q3 2016: €1,150.8 million). That was 14 percent more than a year ...

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