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WACKER Lowers Guidance for 2019
17-Oct-2019
Based on its latest estimates, Wacker Chemie AG expects several key financial performance indicators for 2019 to be lower than previously projected. Full-year Group sales are likely to be on par with last year (previous guidance: mid-single-digit percentage increase). EBITDA is anticipated to be ...
WACKER Launches Production of Pyrogenic Silica in the US
04-Oct-2019
The Munich-based WACKER Group officially brought a plant for manufacturing pyrogenic silica on stream at its US site in Charleston, Tennessee. The facility has an annual production capacity of 13,000 metric tons. WACKER will use this output both for sales purposes and for its own silicone ...
WACKER Acquires a Stake in UK Battery Materials Specialist Nexeon
13-Sep-2019
Wacker Chemie AG is intensifying its research activities on silicon-based materials for high-performance batteries by taking a holding in Nexeon Ltd. The Munich-based chemical company announced that it is acquiring a 25 percent stake in the UK specialist for new battery materials. WACKER and ...
New WACKER Production Plant for Dispersible Polymer Powders Goes on Stream in South Korea
04-Sep-2019
Following a construction phase lasting 20 months, Wacker Chemie AG has brought a new spray dryer for the production of dispersible polymer powders on stream in Ulsan, South Korea. The plant is part of an ongoing site expansion aimed at boosting the company’s production capacity for dispersions ...
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. ...
