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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

01-Aug-2022

Wacker Chemie AG is preparing to build a new silicone production complex at its Charleston site in the US state of Tennessee. The Munich-based chemical group has already started a feasibility study. In a first step, it is planned to build production plants for high-consistency silicone rubber and ...

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WACKER Prepares to Expand Its Silicon Metal Production in Norway

30-May-2022

Wacker Chemie AG is preparing to expand its production capacity for silicon metal at Holla, Norway. The Munich-based chemical company has already started a feasibility study to this effect. The construction of a new furnace is planned, which will increase capacity in Holla by around 50 percent of ...

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Targets for 2030: WACKER Accelerates Growth with High Profitability

Growth will double, sales should exceed €10 billion

30-Mar-2022

At the Capital Market Day in London, Wacker Chemie AG presents its new strategic growth targets. By 2030, the company aims to lift sales significantly while keeping profitability high. The annual sales growth rate – the result of higher volumes and a better product mix – should reach between 1.5 ...

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WACKER Presents Innovation Award for Novel Manufacturing Process for Polymer Dispersions

29-Jul-2021

WACKER has presented an in-house German-Chinese team with the 2021 Alexander Wacker Innovation Award for developing and launching a novel process for producing vinyl acetate-ethylene (VAE) polymer dispersions. The team – consisting of Henry Chen, Zhong Chen, Dr. Bernhard Eckl, Wilhelm Kaiser, ...

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WACKER Expects Sales Growth and Substantially Higher Earnings in 2021

17-Mar-2021

As already reported, Wacker Chemie AG’s total sales for 2020 did not quite match the prior-year level due to the effects of the coronavirus pandemic. On presenting its annual report, the Munich-based chemical company announced that Group sales came in at €4.69 billion in 2020 (2019: €4.93 ...

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WACKER Strengthens Biologics Business by Acquiring US-Based Plasmid DNA Manufacturer Genopis

Expansion of WACKER's portfolio as a contract manufacturer for the pharmaceutical industry

04-Feb-2021

The Munich-based chemical company WACKER is acquiring 100 percent of the shares in pharmaceutical contract manufacturer Genopis Inc. from Helixmith Co Ltd, Seoul (South Korea) and Medivate Partners LLC, Seoul (South Korea). WACKER signed a corresponding agreement. WACKER will continue Genopis' ...

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WACKER appoints Christian Hartel as the Company’s Future CEO

Angela Wörl to succeed Hartel as Personnel Director on the Executive Board

11-Dec-2020

At its meeting, the Supervisory Board of Wacker Chemie AG made key personnel decisions to ensure long-term continuity in the management of the Company. Rudolf Staudigl (66), President & CEO of the Executive Board of Wacker Chemie AG, will retire at the end of the next Annual Shareholders’ ...

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WACKER Makes Guidance For 2020 Conditional Due to Coronavirus

18-Mar-2020

As already reported, Wacker Chemie AG's total sales for 2019 almost matched the prior-year level. On presenting its annual report, the Munich-based chemical company announced that Group sales came in at €4.93 billion in 2019 (2018: €4.98 billion). The slight decline of 1 percent was mainly due to ...

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WACKER Begins Efficiency Program to Increase Competitiveness and Profitability

More than 1,000 jobs are expected to go by the end of 2022

21-Feb-2020

Wacker Chemie AG announced its initial plans for its “Zukunft gestalten” (Shape the Future) efficiency program. WACKER expects to save €250 million a year by reducing material costs and in-house services and by creating a leaner company structure. The program’s central task is to realign WACKER’s ...

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Non-Recurring Effects Strongly Influence WACKER’s Figures for Fiscal 2019

29-Jan-2020

Wacker Chemie AG closed 2019 in line with its own expectations. According to preliminary figures, the Munich-based chemical group posted total sales of €4.93 billion last year, which is almost on par with a year earlier (2018: €4.98 billion). The slight decline of 1 percent was mainly due to ...

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