Wacker Chemie AG

euro adhoc: Wacker Chemie AG
Strategic management decisions
WACKER und SCHOTT in talks about joint venture to produce solar wafers

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establishment of joint ventures


Munich / Mainz, 07/20/2007 - Wacker Chemie AG and SCHOTT Solar GmbH, a subsidiary of  SCHOTT AG, intend to set up a joint venture to produce silicon wafers for solar applications. Negotiations are well advanced. The joint venture could start production of multicrystalline silicon ingots and solar wafers, which are a precursor for solar cells, this year. Solar wafer production capacity is targeted to reach about one gigawatt per year by 2012. WACKER and SCHOTT shall each hold a 50 percent equity stake in the joint venture.

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ots Originaltext: Wacker Chemie AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Investor Relations
Tel.: +49 (0)89 6279 1633
E-Mail: investor.relations@wacker.com

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

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