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2024 ASI Top 20: Wacker Chemie AG

Wacker’s Silicones business segment manufactures silicone sealants, along with elastomers, emulsions, resins, and many other products. With 6,040 employees as of December 31, 2023, the segment’s total sales reached nearly €2.74 billion (approximately $3.02 billion). This represents a 20.9% decrease over 2022, which the company attributed to “weaker volumes and prices and by exchange-rate effects.” […]

Wacker Acquires Manufacturing Assets and Know-How of Bio Med Sciences

WACKER has acquired the manufacturing assets and know-how of U.S.-based Bio Med Sciences Inc., Allentown, Pennsylvania, to expand its expertise and business in silicone-coated healthcare products. A corresponding purchase agreement was signed between WACKER and Bio Med Sciences Inc. As part of the acquisition, a majority of Bio Med Sciences’ workforce will also move to […]

WACKER Plans New Production Site in the Czech Republic

Wacker Chemie AG plans to further expand its silicone specialties business and is reorganizing its production operations in Europe. A new production site for silicones is planned to be constructed in Karlovy Vary, Czech Republic. The main drivers of this expansion are megatrends such as electromobility and renewable energies which require silicones from WACKER. Production […]

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