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Wacker to increase prices for silicone products

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Company sign of Wacker Chemie AG is pictured in the south-east Bavarian town of Burghausen April 1, 2014. Wacker, founded in 1914, is a worldwide operating company in the chemical business.  REUTERS/Michaela Rehle

Company sign of Wacker Chemie AG is pictured in the south-east Bavarian town of Burghausen April 1, 2014. Wacker, founded in 1914, is a worldwide operating company in the chemical business. REUTERS/Michaela Rehle

MUNICH, GERMANY: Wacker Chemie AG said that it is increasing its prices for silicone polymers, silicone fluids and silicones from further production stages as of 1 April.

Depending on product family, region and business field, the price increase ranges between 10 and 20 percent, if permitted by existing customer contracts. This measure is necessitated by rising raw-material and energy costs.

These price adjustments will ensure that the Wacker silicones business division continues to provide outstanding quality products and service along with high delivery reliability.

Source: http://www.worldofchemicals.com

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