Annual Report 2023

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Creating tomorrow’s solutions

For Our Shareholders — Highlights from 2023

Highlights from 2023

  • WACKER Presents New Products at the European Coatings Show

    February | Thermal insulation, renovation, modernization and conserving resources in construction – these were the themes around which WACKER presented its novel solutions at ECS in Nuremberg, Europe’s largest paints and coatings fair. Accompanied by informative talks from experts and by live demonstrations, the company’s booth was particularly focused on the issue of sustainability.

  • Using Artificial Intelligence in Pharmaceutical Research

    March | WACKER, CordenPharma, the Ludwig-Maximilians-Universität München and the Humboldt-Universität zu Berlin have launched a joint project with the aim of accelerating the development of RNA-based pharmaceuticals through the application of machine learning algorithms. These medications are considered to have tremendous potential, not only for developing vaccines for infectious diseases, but also for treating cancer and hereditary diseases. Supported financially by Germany’s Federal Ministry for Economic Affairs and Climate Protection, the project is slated to run for three years.

  • New Employer Branding Campaign: We Are WACKER

    April | Reliable. Determined. Ambitious. These are the hallmarks of the people at WACKER and of the work they do all over the world. With its new employer branding campaign, the company is seeking to underscore that message as it competes for talented employees worldwide.

  • Corporate Acquisition: WACKER Purchases ADL BioPharma

    May | WACKER has strengthened its biotechnology business through the acquisition of this Spanish CMO for the foods, pharmaceuticals and consumer goods industries. ADL BioPharma employs 300 people and offers roughly 2,000 cubic meters of additional fermentation capacity. The purchase sets the stage for further growth.

  • WACKER Helps Earthquake Victims

    June | We achieve more by working together: €150,000 were raised in the WACKER Relief Fund appeal for donations for earthquake victims in Turkey and Syria. Half of that sum was raised by Group employees, with WACKER doubling each euro and donating products for a reconstruction project.

  • WACKER Celebrates 75 years of Silicones

    June | From pioneering silicone development in Europe to being the world’s second largest manufacturer of silicone products today: WACKER has a 75-year success story worth celebrating. The company offers some 3,000 silicone products – truly multi-talented materials that can insulate high-voltage lines carrying millions of volts and are in demand in electric cars. They make batteries safer and longer-lasting, while boosting their performance. They seal windows, impregnate clothing and find their way into medical technology applications.

  • Shigeyoshi Inoue Receives the WACKER Silicone Award 2023

    July | Shigeyoshi Inoue, a professor of silicon chemistry at the Technical University of Munich, received the WACKER Silicone Award in honor of his trailblazing work. Presented every other year, this €10,000 prize ranks among the world’s most prestigious distinctions in the field of silicon chemistry.

  • WACKER Celebrates 25 Years in Nünchritz

    August | WACKER celebrated its 25th anniversary at the Nünchritz site with festivities for employees as well as for customers and guests of honor. Since acquiring the site, the company has invested over €1.7 billion to develop it into one of the largest, most modern silicone and polysilicon production sites in the world. With a workforce of around 1,500, the site is also the largest chemical-industry employer in Saxony.

  • Anniversary: 30 Years of WACKER in China

    October | Along with business partners and government representatives, WACKER celebrated the 30-year anniversary of its subsidiary in China. What began as sales offices has long since developed into an extensive network of production, research and service sites. WACKER now employs a staff of around 1,700 in China and will continue expanding its presence in what is the world’s largest chemicals market. In Nanjing, for instance, the company has successfully increased its capacities for vinyl acetate-ethylene copolymer (VAE) dispersions and VAE dispersible polymer powders, while also expanding specialty silicone production in Zhangjiagang.

  • WACKER Promotes the Development of Skilled Labor in the US

    October | WACKER is joining forces with the PIE Innovation Center in Cleveland, Tennessee. The Center’s event facility was renamed WACKER Commons as part of the collaboration, which aims to promote the development of skilled workers in the region. With some 800 employees, WACKER’s site in nearby Charleston is the company’s largest in the US.

  • Expanding Production Capacity for Semiconductor-Grade Polysilicon

    October | Nearly half of all computer chips worldwide are made with polysilicon manufactured by WACKER. With semiconductors becoming increasingly powerful and making inroads into more and more new applications, WACKER is continuing to expand its polysilicon business and has now achieved an important milestone: the Burghausen site held the topping-out ceremony for a new production line for cleaning semiconductor-grade polysilicon. The line is currently under construction. WACKER expects to invest over €300 million in the facility by 2025 with the aim of growing its capacity by over 50 percent.

  • Race to Net Zero: International WACKER Sustainability Conference

    October | “Making a better world for generations” was the theme of this year’s WACKER Sustainability Conference, at which sites throughout the Group offered an inside look at their sustainability projects. One project team received the Net Zero Award for developing a model-based process control system that pairs sophisticated engineering technology with the many possibilities afforded by digitalization. The solution allows for far more efficient plant operations, which in turn leads to significant reductions in CO2 emissions.

  • My Account: New Customer Portal Goes Live

    November | WACKER is continuing to advance digitalization in every area of the company. Its customers’ digital experience is one such example. Thanks to the rollout of the new My Account portal on, customers and partners can now place orders and check delivery status online. The initial launch in Europe will be followed by other regions. The secure, easy-to-use online portal will replace the previous Login4More platform.