WACKER raises prices for selected silicone products

On the international commodity exchanges, the price of platinum has more than doubled since the beginning of last year. “The current price trend can no longer be compensated for through efficiency and other savings measures”, emphasizes Tom Koini, Head of Silicones. “We have reached a point at which we have to pass on the increased costs to the market.” The price adjustments are necessary so that WACKER can continue to offer its customers optimum service and technical support as well as consistently high product quality, Koini continues. The price increase affects addition-curing silicone rubber grades, silicone resins, silanes and silicone-based release coatings.

WACKER is one of the largest manufacturers of silicone products worldwide – with over 2,800 highly specialized 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 for the customers – enhancing both the benefits and performance of end products. Silicones’ products find application in such sectors as automotive engineering, construction, chemicals, cosmetics, medical technology, energy and electronics, and paper and textiles. In 2024, Silicones generated around 49 percent of Group sales.