Wacker Chemie AG : Roadshow feedback - Another 'up to 12%' price increase in polymers on cost inflation confirms strong market position, tight supply/demand
>Same procedure as in 2021 - announced another 'up to 12%' price increase in polymers, sufficient to deal with recent VAM-surge, we think - We hosted a physical roadshow with CFO Dr. Ohler. CFO statements confirmed continuing tight supply/demand across end-markets for Wacker's silicones and its polymer products. While 2021 showed the company's ability to react swiftly on cost pressure, yesterday's announcement of 'up to 12%' price increases in polymers as of May 2022 ...Wacker Chemie is active in chemical products. Co. operates in five divisions: Wacker Silicones, which provides products ranging from silicone fluids and emulsions, resins, elastomers and sealants, to silanes and pyrogenic silica grades; Wacker Polymers, which manufactures binders and polymeric additives (such as dispersible polymer powders and dispersions); Wacker Biosolutions, which supplies customized biotech and catalog products for the fine-chemical sector; Wacker Polysilicon, which produces hyperpure polysilicon for the semiconductor, electronics and above all, solar sectors; and Siltronic, which supplies semiconductor manufacturers with silicon wafers.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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