WACKER to Raise Prices for Silicone Rubber in Europe, the Middle East and in South America

Munich, Oct 26, 2018

As of November 1, WACKER, the Munich-based chemical group, is raising its prices for silicone rubber in Europe, the Middle East and in the South America region. Depending on the product group, region and business field, the price increase will range up to 40 percent, if permitted by existing customer contracts. This measure is necessitated by rising production expenses due to energy and labour cost.

These price adjustments ensure that the WACKER SILICONES business division continues to provide outstanding service and technical support along with consistently high product quality and technological innovations for its customers.

WACKER SILICONES

WACKER SILICONES is one of the largest silicone manufacturers worldwide with over 3,000 highly specialized and innovative products. The 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 2017, WACKER SILICONES generated around 45 percent of Group sales.