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VINNAPAS® UW 1 FS

From parquet adhesives to automotive body parts – a wide range of applications contain solid resins.

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WACKER POLYMERS

Sales at WACKER POLYMERS grew in 2017 by 4.2 percent, to €1.25 billion (2016: €1.19 billion). Growth was fueled by higher volumes for and . Lower prices and negative exchange-rate effects, on the other hand, held back sales.

WACKER POLYMERS posted robust sales growth in Europe and Asia. The biggest percentage gains came from its business in China, up by around 11 percent. Volume trends were particularly good for construction-sector products.

of €205.6 million (2016: €261.0 million) was significantly below the year-earlier level. A key factor here was the strong increase in raw-material prices. The EBITDA margin declined to 16.5 percent (2016: 21.8 percent).

Capital expenditures climbed year over year, to €48.1 million (2016: €37.5 million). Investment spending included the construction of a new dispersion reactor at Burghausen (Germany) and infrastructure projects at Cologne (Germany) and Calvert City (USA). In 2017, we also began investing in new production facilities at Ulsan (South Korea). As of December 31, 2017, the division had 1,539 employees, slightly more than the year before (Dec. 31, 2016: 1,484).

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Key Data: WACKER POLYMERS

 

  

 

  

 

€ million

  

20171

  

20161

  

2015

  

2014

  

2013

 

  

 

  

 

  

 

  

 

  

 

1

Costs from selling expenses reclassified to R&D expenses as of 2016

 

  

 

  

 

  

 

  

 

  

 

Total sales

  

1,245.1

  

1,194.8

  

1,185.5

  

1,064.4

  

978.7

EBITDA

  

205.6

  

261.0

  

222.2

  

149.5

  

147.8

EBITDA margin (%)

  

16.5

  

21.8

  

18.7

  

14.0

  

15.1

EBIT

  

168.1

  

223.7

  

184.4

  

118.7

  

112.9

Capital expenditures

  

48.1

  

37.5

  

47.4

  

56.3

  

36.8

R&D expenses

  

29.3

  

30.3

  

14.8

  

13.2

  

12.3

Employees (December 31, number)

  

1,539

  

1,484

  

1,461

  

1,408

  

1,377

 

  

 

  

 

  

 

  

 

  

 
Dispersions
Binary system in which one component is finely dispersed in another. VINNAPAS® dispersions are vinyl-acetate-based copolymers and terpolymers in liquid form. They are mainly used as binders in the construction industry, e. g. for grouts, plasters and primers.
Dispersible Polymer Powders
Created by drying dispersions in spray or disc dryers. VINNAPAS® polymer powders are recommended as binders in the construction industry, e. g. for tile adhesives, self-leveling compounds and repair mortars. The powders improve adhesion, cohesion, flexibility and flexural strength, as well as water-retention and processing properties.
EBITDA
Earnings before interest, taxes, depreciation and amortization.