Key Events Affecting Business Performance

Acquisitions and Investments

In 2020, WACKER neither took over nor acquired a stake in any companies.

Divestitures

In 2020, WACKER concluded an agreement to transfer its stake of 30.83 percent in Siltronic AG to GlobalWafers Co. Ltd., Taiwan. The agreement remains subject to various merger-control and foreign-trade clearances.

Capital Expenditures

Capital expenditures decreased year over year, as planned. They amounted to €224.4 million in the reporting year (2019: €379.5 million).

The focus of our investing activities was on the three chemical divisions, with several projects in different countries. In Ulsan, South Korea, we completed a new reactor. We are expanding our capacities in Nanjing, China, with a new reactor for dispersions and a spray dryer for . In Amsterdam, we invested in setting up coronavirus vaccine production capacity and in biopharmaceutical production plants. WACKER also invested in a series of small- and medium-scale projects for intermediates and downstream products, and in infrastructure measures at our fully integrated sites in Burghausen and Nünchritz.

Dispersions
Binary system in which one solid 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. They improve adhesion, cohesion, flexibility and flexural strength, as well as water-retention and processing properties.

todo Vorjahresvergleich