WACKER to Raise Prices for Silicones globally
Munich, Oct 05, 2021
WACKER SILICONES is scheduling further price increases for its products. Effective October 15, WACKER's business division will increase prices on average by 30 percent or more. The measure is necessitated by ongoing significant cost increases for strategic raw materials, especially silicon metal, logistics and packaging as well as multiple corona pandemic measures. Critical components in the supply chain have multiplied in cost.
WACKER's complete silicones portfolio including silicone fluids, silicone emulsions, silicone rubber, silicone resins, silanes, HDK® pyrogenic silica, sealants and silane-terminated polymers is subject to the upcoming price adjustments. WACKER SILICONES will continue to invest in innovation to support global asset development and to strive to achieve high customer service levels.
WACKER SILICONES is one of the largest silicone manufacturers worldwide with over 2,800 highly specialized and innovative products. The business division's portfolio ranges from silicone fluids, emulsions, resins, elastomers and sealants to silanes, silane-terminated polymers and pyrogenic silica. These stand out due to their significant value-adding potential - enhancing both the benefits and performance of customers' end products. WACKER SILICONES' products find application in such sectors as automotive engineering, construction, chemicals, cosmetics, medical technology, energy and electronics and paper and textiles. In 2020, WACKER SILICONES generated around 50 percent of Group sales.
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Wacker Chemie AG published this content on 05 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 October 2021 12:08:12 UTC.