Markets :: Basic Chemicals :: Inorganic Chemicals :: Silicones
Wacker Chemie Reports Record Results; Achieves 50% Margin in Polysilicon
3:23 AM MST | January 31, 2011 | Natasha Alperowicz
Wacker Chemie (Munich) reported a three-fold increase in Ebitda for the fourth quarter to €290 million ($394.6 million), according to preliminary figures just released. This compares with Ebitda of €95 million achieved in the corresponding period of 2009. Sales in the quarter from October through December were up 29% at €1.21 billion but dropped by close to 5% against the third quarter of last year, due to the "usual seasonal effects, particularly in construction-related business," the company says. Wacker's chemical divisions...
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