Wacker Chemie

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.

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.