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Chemical Processing

Wacker Invests in DACH Region

Wacker, a German-based multinational chemical company is set to invest about $335 million in the DACH (Germany-Austria-Switzerland) region.

Released Wednesday, February 02, 2022

Wacker Invests in DACH Region

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Researched by Industrial Info Resources (Sugar Land, Texas)--Wacker, a German-based multinational chemical company is set to invest about $335 million in the DACH (Germany-Austria-Switzerland) region.

In order to promote the U.N. Carbon Neutrality initiative, Wacker is setting the goal to be net-zero by 2045. Related investments include the company's RHYME project, in which renewable hydrogen and methanol will be produced via a 20-megawatt electrolyzer. To meet increasing demand for silicon and polymers, the company also is investing in various expansions at its production sites in Burghausen, Nuenchritz and Cologne.

Industrial Info is tracking 13 Wacker projects in the DACH region, which includes four unit additions worth $184 million. Subscribers can click here for related project reports.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.

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