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WACKER Expands Silicone Elastomer Production in China
11-Jun-2019
WACKER inaugurated a new production line for silicone elastomers at its Zhangjiagang site in China. With an annual capacity of several thousand metric tons, the facility will help support WACKER’s future growth path in China and improve the availability of high consistency silicone rubber (HCR) ...
WACKER Lifts Its Sales in Q1 2019 and Confirms Full-Year Forecast
26-Apr-2019
Wacker Chemie AG continued to grow its sales in the first quarter of 2019, both year over year and quarter over quarter. Earnings declined significantly, though, amid a challenging market environment for solar-grade polysilicon and substantially higher energy prices. The Munich-based chemical ...
WACKER Expects 2019 Sales Growth
20-Mar-2019
As already announced, Wacker Chemie AG lifted its sales slightly in 2018, but fell short of its own EBITDA forecast. On presenting its annual report, the Munich-based chemical company announced that Group sales grew to €4.98 billion, up 1 percent year over year (2017: €4.92 billion). This slight ...
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 ...
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 ...
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. ...
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 ...
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 ...
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 ...
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 ...
