WACKER Plans Expansion of Its Charleston Site and Prepares for Construction of Silicone Production Facilities
Construction of production facilities planned in phases over several years
WACKER
The capital expenditures earmarked for the entire expansion project, which is scheduled to take several years, are estimated to be more than US$200 million, thereby creating more than 200 new jobs at the Charleston site. WACKER has been producing high-purity polysilicon for the semiconductor and solar industries in Charleston since 2015. Since 2019, the site has also been producing HDK® brand pyrogenic silica.
“The planned expansion measures in Charleston are a further step toward making Charleston a fully integrated site with closed production loops, and an important prerequisite for accelerating our growth as planned,” said CEO Christian Hartel, explaining the strategic background of the investment measure. The Munich-based chemical group is aiming for sales of over €10 billion by 2030, with an EBITDA margin of over 20 percent.
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