Group Strategy for the Next Two Years

Three levers will continue to determine WACKER’s business strategy over the next two years: expansion into emerging markets and regions, innovations, and the substitution of competitors’ products with WACKER products. Our focal regions for further growth remain unchanged: Brazil, China, India, Southeast Asia and the Middle East. Of these, China offers the greatest potential. We continue to see good growth prospects for our products in India. There is also potential for expanding our sales in the USA, an established market. In addition, we see growth potential for chemical business in Europe, another established market.

The completion of the new production site for polysilicon in Tennessee concluded our investments in large-scale plants for upstream products. Our strategic focus now is on less capital-intensive investments in plants for downstream products.

WACKER’s international expansion will progress over the next two years. We will transfer even more operational responsibility to the regions. Our aim is to tailor our products even better to local requirements. To this end, we will broaden the international scope of our R&D activities. We are also systematically expanding our network of technical competence centers and WACKER ACADEMY sites.

We will continue with the measures aimed at improving our profitability. The principal aspects are the following:

Resource-Management Measures

 

Measures

 

Productivity measures relating to the Wacker Operating System (WOS) program

Productivity and cost measures at WACKER POLYSILICON and Siltronic

Efficiency projects for corporate departments

Prudent HR planning