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In its financial statements for 2019, Wacker Chemie AG intends to take an impairment of around €750 million on the carrying amount of its production facilities for hyperpure polysilicon.
In Q3 2019, Wacker Chemie AG grew sales year over year and, due to special income, also its EBITDA.
Based on its latest estimates made today, Wacker Chemie AG expects several key financial performance indicators for 2019 to be lower than previously projected.
Wacker Chemie AG is intensifying its research activities on silicon-based materials for high-performance batteries by taking a holding in Nexeon Ltd.
Today, WACKER inaugurated a new production line for silicone elastomers at its Zhangjiagang site in China.
