WACKER: Surge in polysilicon demand and lower product prices
Wacker Chemie AG posted slight quarter-on-quarter sales growth between July and September 2013, thanks especially to the surging demand for solar silicon. As already expected, however, the Munich-based chemical group did not match the prior-year’s Q3 sales figure. WACKER achieved sales of €1,165.4 million between July and September 2013 – down 3 percent from a year ago (€1,200.9 million). Volume growth increased sales by about €112 million during the quarter under review, while lower prices, especially in solar silicon and semiconductor wafers, reduced sales by some €109 million. Exchange-rate effects resulting from the strong euro also slowed the sales trend. Relative to the preceding quarter (€1,150.3 million), however, sales were up more than 1 percent.
Most read news
Organizations
Other news from the department business & finance

Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.