The strong increase in the total dividend was quite a surprise, whereas the weak FY 18 fits into our big picture. Silicones is in good shape and will be 2018’s drag horse, whereas Polymers suffers from the high raw material prices and its insufficient pricing power. Polysilicon looks to have a quite uncertain 2018 as the shutdown of the Charleston site has lasted more than six months and it is unclear as to when the production ramp-up could be re-started.
13 Mar 2018
More details, extra dividend, weak 2018 to be expected
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More details, extra dividend, weak 2018 to be expected
Wacker Chemie AG (WCH:WBO) | 0 0 (-0.9%) | Mkt Cap: 7,301m
- Published:
13 Mar 2018 -
Author:
Martin Schnee -
Pages:
3
The strong increase in the total dividend was quite a surprise, whereas the weak FY 18 fits into our big picture. Silicones is in good shape and will be 2018’s drag horse, whereas Polymers suffers from the high raw material prices and its insufficient pricing power. Polysilicon looks to have a quite uncertain 2018 as the shutdown of the Charleston site has lasted more than six months and it is unclear as to when the production ramp-up could be re-started.