Rudolf Staudigl
Wacker CEO strikes out at Chinese competitors
Rudolf Staudigl highlighted polysilicon production overcapacity amongst Chinese competitors as he revealed Covid-19-battered second-quarter numbers for the Munich-based chemicals empire.
Aug 5, 2020 // Manufacturing News, Markets & Finance News, Germany, Europe, wacker chemie, Rudolf Staudigl, covid-19
Wacker’s polysilicon division dives to €55 million loss in 2019
Major polysilicon producer Wacker Chemie has reported preliminary full-year 2019 financial results, highlighting higher than previously guided asset impairment charges on its polysilicon division as ASPs (Average Selling Price) remain at record lows leading to an EBITDA loss of €55 million.
Jan 28, 2020 // Manufacturing News, Markets & Finance News, China, polysilicon, wacker chemie, Asia, Rudolf Staudigl
Wacker forced to lower 2019 group profits as polysilicon price declines continue
Major polysilicon producer Wacker Chemie has warned its overall group profitability for 2019 would be around 30% lower than the prior year, due to continued weak demand from the solar industry in China and continued polysilicon prices declines to industry record lows.
Oct 16, 2019 // Manufacturing News, China, polysilicon, c-si manufacturing, wacker chemie, Asia, 531 new deal, Rudolf Staudigl
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