Wacker Chemie Criticizes US Policy and Sets Goals

Wacker Chemie said current US polysilicon policies fail to achieve their goals and disappointed investors. The chemical group outlined new financial targets and selective investment plans.

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A general view of a part of the Wacker Chemie plant in Nuenchritz, Germany, November 1, 2022. REUTERS/Matthias Rietschel

WACKER CHEMIE AG criticized the United States polysilicon policy during a Thursday capital markets briefing in London, calling current import tariffs and minimum prices insufficient to boost domestic demand. The Germany-based chemicals group is weighing potential changes with Washington officials before finalizing footprint decisions.

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