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Wacker Chemie AG

WACKER to build new Production Plant for Polysilicon in Nünchritz

München (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies/Production Capacity Expansion
- NEW PRODUCTION PLANT WITH ANNUAL CAPACITY OF
10,000 METRIC TONS AT WACKER´S NÜNCHRITZ SITE - SOME 450 NEW JOBS 
EXPECTED FROM EUR760 MILLION INVESTMENT - NOMINAL ANNUAL-CAPACITY 
TARGET FOR BURGHAUSEN´S EXPANSION STAGE 8 CURRENTLY UNDER 
CONSTRUCTION UPPED FROM 7,000 to 10,000 METRIC TONS - CEO RUDOLF 
STAUDIGL: "WE EXPECT CRYSTALLINE SOLAR TECHNOLOGY TO SHOW CONTINUED 
STRONG GROWTH"
Munich, October 17, 2008 - Wacker Chemie AG plans to construct a new 
polysilicon production plant at its Nünchritz site (Saxony, Germany) 
with a nominal annual capacity of 10,000 metric tons. The 
Munich-based chemical company announced this decision today. The 
first batch of polysilicon from this "capacity expansion phase 9" 
project is scheduled for Q1 2011. The new plant is expected to 
achieve full capacity by the end of 2011. WACKER has budgeted some 
EUR760 million for this project, which should create around 450 new 
jobs. The company has additionally decided to raise the nominal 
annual capacity planned for Burghausen´s "expansion phase 8" 
(currently under construction) from 7,000 to 10,000 metric tons. 
Thanks to these and other ongoing expansion measures, WACKER´s 
polysilicon capacity by year-end 2011 will reach 35,500 metric tons 
annually, compared to today´s 10,000 metric tons.
Output expansion will enable WACKER to meet the accelerating global 
demand it expects for hyperpure polycrystalline silicon. For coming 
years, WACKER anticipates continued double-digit annual growth in 
polysilicon demand by the solar-industry. The company likewise 
expects higher polysilicon demand from the electronics industry.
"We expect crystalline solar technology to show continued strong 
growth and customer demand for polysilicon to remain high," said Dr. 
Rudolf Staudigl, CEO of Wacker Chemie AG. "Already the world´s 
second-largest polysilicon producer, we intend to reinforce and 
extend our market position by intensifying capacity expansion. 
Nünchritz´s highly advanced infrastructure and integrated production 
loops make it the logical choice for this expansion from a business 
and technical viewpoint." According to the CEO, the closed material 
loops obtained by perfectly integrating the new facility into 
Nünchritz´s existing production environment will not only be highly 
resource-efficient but also essential for achieving the 
lowest-possible polysilicon manufacturing costs.
For over 50 years, WACKER has been producing hyperpure 
polycrystalline silicon for the semiconductor industry. With rising 
solar-silicon demand, WACKER POLYSILICON has been expanding capacity 
step by step and, since 2000, increasingly supplying the 
photovoltaics industry. Supplementing Burghausen, Nünchritz will be 
WACKER´s second site to manufacture solar silicon. The German state 
of Saxony, in which it is located, is among the world´s leading 
solar-industry centers.
WACKER in Nünchritz At Nünchritz, WACKER SILICONES (a WACKER 
division) produces pyrogenic silica, chlorosilanes, silicates, 
silicone fluids, silicone emulsions, antifoam agents, siliconates and
silicone rubber, as well as the necessary precursors. In the past 10 
years, WACKER has invested more than EUR550 million to transform this
site into one of the world´s largest and most modern silicone 
production complexes. The Munich-based chemical company currently 
employs some 930 staff in Nünchritz.
end of announcement                               euro adhoc

Further inquiry note:

Corporate Communications
Tel.: +49 (0)89 6279 1830
E-Mail: christof.bachmair@wacker.com

Branche: Chemicals
ISIN: DE000WCH8881
WKN: WCH888
Index: Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX,
Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard

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