Wacker

DGAP-News: Wacker Chemie AG: WACKER Drives Implementation of Its 'Shape the Future' Efficiency Program Forward

Thursday, October 15, 2020 - 12:04pm

Munich, October 15, 2020 - Wacker Chemie AG is moving forward with "Shape the Future," its efficiency program initiated last November.

Key Points: 
  • Munich, October 15, 2020 - Wacker Chemie AG is moving forward with "Shape the Future," its efficiency program initiated last November.
  • In this regard, some 1,000 jobs in total will go in Germany by the end of 2022.
  • The job cuts will affect mainly WACKER's administrative departments and the indirect and non-operational functions of its business divisions.
  • WACKER does not plan to update its forward-looking statements, nor does it assume the obligation to do so.

The Howard Hughes Corporation® Announces Opening Of 110 North Wacker Drive Office Building

Wednesday, October 14, 2020 - 12:17pm

CHICAGO, Oct. 14, 2020 /PRNewswire/ -- The Howard Hughes Corporation (NYSE: HHC) and Riverside Investment & Development announced today the opening of the trophy-class office tower at 110 North Wacker Drive.

Key Points: 
  • CHICAGO, Oct. 14, 2020 /PRNewswire/ -- The Howard Hughes Corporation (NYSE: HHC) and Riverside Investment & Development announced today the opening of the trophy-class office tower at 110 North Wacker Drive.
  • "Three years ago, we set out to create a world-class office building like 110 North Wacker Drive, and we are proud today to showcase this exceptional trophy-class property located in the heart of downtown Chicago," said David R. O'Reilly, Interim Chief Executive Officer; President and CFO of The Howard Hughes Corporation.
  • Situated along the Chicago River, 110 North Wacker Driveis both the city's tallest office building and the second-largest office building to be delivered in three decades, totaling 55 stories and more than 1.5 million rentable square feet.
  • "110 North Wacker Drive is one of the most sought-after development locations in Chicago for decades," said John O'Donnell, Chief Executive Officer of Riverside Investment and Development.

DGAP-News: Wacker Chemie AG: WACKER Expands Capacity for Polymer Products at Nanjing

Tuesday, October 13, 2020 - 9:04am

Munich and Nanjing, October 13, 2020 - Wacker Chemie AG is expanding its Chinese polymer activities by investing around USD 100 million in building two new production plants at its Nanjing site.

Key Points: 
  • Munich and Nanjing, October 13, 2020 - Wacker Chemie AG is expanding its Chinese polymer activities by investing around USD 100 million in building two new production plants at its Nanjing site.
  • Our capacity expansion in Nanjing strengthens our position as the global leader for vinyl acetate-ethylene dispersions and polymer powders," notes Rudolf Staudigl, CEO of Wacker Chemie AG, as he explains the reasons for the investment.
  • At its fully integrated production site in the Nanjing Jiangbei New Material High-Tech Park, WACKER manufactures VAE dispersions, dispersible polymer powders and polyvinyl acetate solid resins.
  • WACKER does not plan to update its forward-looking statements, nor does it assume the obligation to do so.

DGAP-News: Wacker Neuson SE expands Executive Board

Wednesday, September 23, 2020 - 12:06pm

Munich, September 23, 2020 - The Supervisory Board of Wacker Neuson SE has appointed Felix Bietenbeck as a new member to the Executive Board effective October 1, 2020.

Key Points: 
  • Munich, September 23, 2020 - The Supervisory Board of Wacker Neuson SE has appointed Felix Bietenbeck as a new member to the Executive Board effective October 1, 2020.
  • The Supervisory Board has expanded the Executive Board in response to the Group's strong growth in recent years.
  • This expansion of our Executive Board speaks to the growing number of leadership and organizational tasks required to make the most of emerging business opportunities," explains Hans Neunteufel, Chairman of the Supervisory Board of Wacker Neuson SE.
  • With Mr. Bietenbeck, the Executive Board of Wacker Neuson SE now has four members.

DGAP-News: Wacker Neuson SE increases liquidity as a precautionary measure in uncertain economic environment

Thursday, August 13, 2020 - 4:04pm

Munich, August 13, 2020 - In light of the general economic uncertainty surrounding the Covid-19 pandemic, Wacker Neuson SE has further bolstered its liquidity reserves as a precautionary measure.

Key Points: 
  • Munich, August 13, 2020 - In light of the general economic uncertainty surrounding the Covid-19 pandemic, Wacker Neuson SE has further bolstered its liquidity reserves as a precautionary measure.
  • To this end, the company has successfully placed a promissory note (Schuldschein) in the amount of EUR 50 million with institutional investors.
  • The Wacker Neuson Group has always prioritized financial stability and it is more important than ever in light of the ongoing coronavirus crisis," explains Wilfried Trepels, CFO of Wacker Neuson SE.
  • The Wacker Neuson Group last issued a promissory note in the amount of EUR 150 million in May 2019.

WACKER Extends Partnership With H.M. Royal To Include Silicones For Medical Applications

Thursday, August 13, 2020 - 1:13pm

ADRIAN, Mich., Aug. 13, 2020 /PRNewswire/ -- In order to enhance its support for the medical industry, Wacker Chemical Corporation (WACKER) has extended its partnership with H.M. Royal to include SILPURAN, WACKER's exclusive line of liquid silicone rubber (LSR) and high consistency rubber (HCR) specifically dedicated to medical applications.

Key Points: 
  • ADRIAN, Mich., Aug. 13, 2020 /PRNewswire/ -- In order to enhance its support for the medical industry, Wacker Chemical Corporation (WACKER) has extended its partnership with H.M. Royal to include SILPURAN, WACKER's exclusive line of liquid silicone rubber (LSR) and high consistency rubber (HCR) specifically dedicated to medical applications.
  • "This expanded strategic partnership benefits both organizations and, ultimately, our customers," stated Dr. Ian Moore, Vice President, WACKER SILICONES NCA region.
  • It is WACKER SILICONES' main production, sales, R&D and distribution hub in the region, and the headquarters of WACKER BIOSOLUTIONS' business division.
  • Among its comprehensive customer service and support activities, WACKER provides hands-on customer training for the use of our applications via the WACKER ACADEMY.

DGAP-News: Wacker Neuson SE: Drop in revenue due to Covid-19 pandemic; EBIT and free cash flow clearly positive

Wednesday, August 5, 2020 - 7:01am

Wacker Neuson SE: Drop in revenue due to Covid-19 pandemic; EBIT and free cash flow clearly positive

Key Points: 
  • Wacker Neuson SE: Drop in revenue due to Covid-19 pandemic; EBIT and free cash flow clearly positive
    The issuer is solely responsible for the content of this announcement.
  • Wacker Neuson SE: Drop in revenue due to Covid-19 pandemic; EBIT and free cash flow clearly positive
    Munich, August 5, 2020 - Leading light and compact equipment manufacturer the Wacker Neuson Group reported revenue of EUR 796.7 million for the first half of 2020.
  • Revenue for the second quarter fell by 25.4 percent (revenue Q2/20: EUR 385.9 million; Q2/19: EUR 517.2 million).
  • As a result, revenue for Europe decreased by a relatively low 8.8 percent (H1/20: EUR 631.4 million; H1/19: EUR 692.5 million).

DGAP-News: Wacker Chemie AG: Annual Shareholders' Meeting 2020: WACKER Expects Declines in Sales and Earnings Due to Coronavirus Pandemic

Tuesday, August 4, 2020 - 12:09pm

The virtual Annual Shareholders' Meeting has enabled WACKER to protect the health of shareholders, while minimizing the risks for all participants as far as possible.

Key Points: 
  • The virtual Annual Shareholders' Meeting has enabled WACKER to protect the health of shareholders, while minimizing the risks for all participants as far as possible.
  • "Since the start of the second quarter, we have been clearly noticing the economic standstill caused by the pandemic.
  • As a result of the pandemic, WACKER currently expects its sales, EBITDA and EBITDA margin for this year to be below last year's level.
  • Information for editorial offices: All documents relating to Wacker Chemie AG's 2020 Annual Shareholders' Meeting can be downloaded from WACKER's website (www.wacker.com) under Investor Relations.

DGAP-News: Annual General Meeting of Wacker Neuson SE votes to suspend dividend payout; shareholder representatives on the Supervisory Board appointed for a further term

Tuesday, June 30, 2020 - 5:04pm

Annual General Meeting of Wacker Neuson SE votes to suspend dividend payout; shareholder representatives on the Supervisory Board appointed for a further term

Key Points: 
  • Annual General Meeting of Wacker Neuson SE votes to suspend dividend payout; shareholder representatives on the Supervisory Board appointed for a further term
    The issuer is solely responsible for the content of this announcement.
  • Annual General Meeting of Wacker Neuson SE votes to suspend dividend payout; shareholder representatives on the Supervisory Board appointed for a further term
    Munich, June 30, 2020 - At today's Annual General Meeting, held virtually this year as a result of the special circumstances surrounding the COVID-19 pandemic, Wacker Neuson SE shareholders approved all items on the agenda proposed for resolution.
  • The terms of all four shareholder representatives on the Supervisory Board ended with the close of today's Annual General Meeting.
  • The Annual General Meeting further resolved to formally approve the actions of the Executive Board and the Supervisory Board for fiscal 2019.

Wellness Company Be Vivid You Study Shows Americans Split Over Reopening

Monday, June 8, 2020 - 3:20pm

CHICAGO, June 08, 2020 (GLOBE NEWSWIRE) -- America will remain more sheltered than in pre-pandemic life for another six months, according to a national study conducted by U.S.-based wellness company Be Vivid You .

Key Points: 
  • CHICAGO, June 08, 2020 (GLOBE NEWSWIRE) -- America will remain more sheltered than in pre-pandemic life for another six months, according to a national study conducted by U.S.-based wellness company Be Vivid You .
  • Americans comfort-levels with returning to previous activities provide a vital gauge for businesses already implementing safety protocols for both their clientele and staff.
  • Forty-three percent of respondents said that they will not return to a large venue event for over six months.
  • Contact Information: Kate Klimek VP of Marketing Venator Performance Marketing 312-404-4226 250 S. Wacker Drive Suite 500 Chicago, IL 60606 kklimek@venatorpm.com