Liquid silicone rubber, or LSR, is an advanced elastomer that has gained traction in high-value sectors such as healthcare, automotive, and electronics, with further scope of applications expected, says Angelica Buan. Easier processing and automated manufacturing have spawned the adoption…
Tag: wacker chemie
Wacker reduces stake in Siltronic; completes sale of shares
In a bid to strengthen its financial position, German firm Wacker Chemie says it has successfully placed 2.1 million shares of Siltronic AG at a price of EUR89.35 per Siltronic share. The placement corresponds to 7% of Siltronic’s capital stock…
Wacker to reduce workforce by 1,600 in Germany
German chemicals firm Wacker Chemie AG says it is continuing to drive forward its global Pace cost-savings and efficiency programme launched in October 2025, with the aim of reducing costs by over EUR300 million a year and to thereby strengthen…
Wacker opens EUR40 mn R&D centre/hq in the US
German silicones maker Wacker Chemie has opened a new regional Innovation Centre based in Michigan, US. The research building, which will develop high-margin biotech and silicone specialties for high-tech applications in key industries, will also serve as the headquarters of Wacker’s…
Wacker to build new pyrogenic silica plant in its Charleston site in the US
The new facility is a key addition to the Charleston site’s supply chain, with an expected annual capacity of 13,000 metric tonnes.