Wacker Chemie AG

EANS-News: WACKER Stops Short-Time Work at Burghausen's Polysilicon Manufacturing Facilities


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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Company Information

Munich and Burghausen (euro adhoc) - February 11, 2013 - Wacker Chemie AG has
stopped the short-time work schedule introduced at Burghausen's polysilicon
facilities back in early October 2012. The Munich-based chemical company took
this decision amid growing demand from its solar-sector customers. To serve this
demand growth, the company is ramping up its current capacities - which are
currently curbed to two-thirds of full utilization - and is, thus, ending
short-time work at WACKER POLYSILICON.

"We sold more polysilicon than expected in January," said Ewald Schindlbeck,
president of WACKER POLYSILICON. "Our order intake has increased so much over
the last few weeks that plant-utilization levels are currently insufficient to
produce the quantities ordered." Thanks to its modern and flexible technologies,
added Schindlbeck, WACKER could align capacities to customer needs at very short
notice. As a consequence, the company could react to current and future market
trends promptly, regardless of how long today's surge in demand lasted, he said.

Back in early October, 2012, WACKER had begun to curb polysilicon production and
had applied for short-time work for about 700 WACKER POLYSILICON employees at
its Burghausen site.


Further inquiry note:
Christof Bachmair
Media Relations & Information
Tel.: +49 (0)89 6279 1830
E-Mail: christof.bachmair@wacker.com

end of announcement                               euro adhoc 
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company:     Wacker Chemie AG
             Hanns-Seidel-Platz 4
             D-81737 München
phone:       +49 (0) 89 6279 01
FAX:         +49 (0) 89 6279 1770
mail:     info@wacker.com
WWW:      http://www.wacker.com
sector:      Chemicals
ISIN:        DE000WCH8881
indexes:     MDAX, CDAX, Prime All Share
stockmarkets: free trade: Hannover, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing: Berlin, regulated dealing/prime standard:
             Frankfurt 
language:   English
 

 

 



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