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Wacker Chemie consolidate production of fumed silica

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FRANKFURT (Dow Jones) – The specialty chemicals group Wacker Chemie will the preparation of pyrogenic silicas more and focus, therefore, the location of Kempten in the course of next year close. The production volumes in Kempten to the existing Large installations at sites in Burghausen and Nünchritz focus be to optimize the utilization in this way, informed the Munich MDAX Group on Thursday to continue. The proposed measure According to the information is related to previously announced Structural measures in the division Wacker Silicones.
The intended plant closure in Kempten have a Impairment of fixed assets in the income statement of approximately EUR 3.5 million resulted said. In addition, a provision of EUR 5.5 million to be formed. Both measures were the completion of the Fiscal year 2009 has already taken into account, the company stated. The closure of the plant Kempten, currently about 50 employees employed, according to the data without any redundancies . done

   

Website: www.Wacker.com

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(END) Dow Jones Newswires

January 14, 2010 08:36 ET (13:36 GMT)

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