The company took a €100 million restructuring provision in the quarter related to its PACE cost-savings program, which targets labor productivity, procurement and maintenance costs. Wacker said it ...

“Even though a sustained turnaround is not yet in sight, we are seeing the first signs that the economy is recovering,” said Christian Hartel. Image: Wacker Chemie. German chemical company and ...

Wacker Chemie AG has posted a significant decline in second-quarter sales and earnings. Total sales fell from €1.75 to around €1.5 billion compared to the same quarter last year, the Munich-based ...

Urgent action needs to be taken to protect Germany's chemicals industry, Wacker Chemie's CEO said on Wednesday, after ...

ANN ARBOR, Mich.—The $21.5 billion global silicone market is growing at a rapid rate, expected at about 8 percent CAGR through 2029. That projected growth will be driven by booming demand in the ...

MUNICH—Wacker Chemie A.G., an international supplier of silicone, polysilicon, polymers and biosolutions, saw net sales drop 16 percent year-over-year to about $1.63 billion, according to second ...

(Reuters) - German chemical company Wacker Chemie reported a 7% fall year-on-year in its annual core profit on Tuesday, citing lower prices and sales volumes, particularly for solar-grade polysilicon, ...

German renewable energy startup 1Komma5° has launched a tunnel oxide passivated contact (TOPCon) solar module made with German polysilicon. The company said its Full Black double-glass module, based ...

Analyst Andreas Heine from Stifel Nicolaus maintained a Buy rating on Wacker Chemie AG (WKCMF – Research Report) and keeping the price target at €126.00. Andreas Heine has given his Buy rating due to ...

FRANKFURT, Jan 29 (Reuters) - German specialty chemicals maker Wacker Chemie said its core profit rose by 14 percent in the fourth quarter, helped by a recovery in prices and demand for polysilicon, a ...

Wacker has announced that Robert Hardin, Ph.D., senior quality manager at the Wacker Polysilicon North America facility in Charleston, has been appointed president of the Board of Directors at the ...