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People & Business :: Companies

Wacker Forecasts Growth in 2011; Ethylene Pipeline Due This Year

10:38 AM MDT | March 16, 2011 | Natasha Alperowicz in Munich

Wacker Chemie has confirmed its preliminary results for 2010, which were announced recently. The results are the best in the company’s history, and Wacker forecasts further growth this year. Separately, the company confirms that the previously announced, and much delayed, ethylene pipeline project that will connect Ludwigshafen with Burghausen, Wacker’s main manufacturing site in Germany, is due “to go live” this fall. It will help the company to secure ethylene feedstock and give it more flexibility of supply, said CEO Rudolf Staudigl at...

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