Wacker Chemie AG 2018 AR2

The report highlights Wacker Chemie AG's performance in 2018, marked by strong growth in its chemical business, particularly silicones, despite challenging conditions in the solar market. The company expanded its biotechnology division, WACKER BIOSOLUTIONS, by acquiring a new biopharmaceuticals production site in Amsterdam, which doubled its capacity. Additionally, WACKER began producing fermentation-generated cystine at its site in León, Spain. On the environmental front, the company continued to work toward its 2022 targets, reducing specific dust emissions by 48 percent since 2012. Despite a decline in EBITDA due to outstanding insurance compensation from a previous incident at its Charleston site, the company maintained a solid equity ratio of 44.2 percent.

Company: Wacker Chemie AG

Sector: Materials

Country: Germany

Year: 2018

Type: AR2

Pages: 224

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Wacker Chemie AG

Wacker Chemie AG 2018 Annual Report

Annual Report

The report highlights Wacker Chemie AG's performance in 2018, marked by strong growth in its chemical business, particularly silicones, despite challenging conditions in the solar market. The company expanded its biotechnology division, WACKER BIOSOLUTIONS, by acquiring a new biopharmaceuticals production site in Amsterdam, which doubled its capacity. Additionally, WACKER began producing fermentation-generated cystine at its site in León, Spain. On the environmental front, the company continued to work toward its 2022 targets, reducing specific dust emissions by 48 percent since 2012. Despite a decline in EBITDA due to outstanding insurance compensation from a previous incident at its Charleston site, the company maintained a solid equity ratio of 44.2 percent.

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Document Details

Report Year

2018

Reporting Period

Jan 1, 2018 - Dec 31, 2018

Fiscal Year

2018

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Water Consumption

Women in Management

Workplace Fatalities

Employees