Wacker, a leading player in the chemical and biotech industry, has announced its financial results for Q3 CY2024.

he chemical company generated sales of around EUR 1.43 billion in the reporting quarter (Q3 2023: EUR 1.52 billion), down 6 percent. This decline was mainly due to significantly lower volumes sold by the Polysilicon division. Compared with Q2 2024 (EUR 1.47 billion), sales decreased 3 percent.

The EBITDA (earnings before interest, taxes, depreciation and amortisation) came at EUR 152 million (Q3 2023: EUR 152 million), EBITDA margin was 10.6 percent, after 10 percent a year earlier and 10.9 percent a quarter earlier. The net income for the reporting quarter amounted to EUR 34 million (Q3 2023: EUR 34 million).

Wacker has confirmed its full-year forecast for 2024. Its sales guidance remains in the range of EUR 6 billion to EUR 6.5 billion. EBITDA is likely to come in between EUR 600 million and EUR 800 million; it continues to expect it to be in the upper half of this range.

Christian Hartel, Group CEO, Wacker, said, “The economic environment and the level of demand in the chemical industry remain challenging for Wacker. In view of this, the strong performance in our chemical business is impressive. Despite considerable headwind here, our earnings after the first three quarters of this year are higher than in the previous year.”

“Many companies with direct sales to end consumers have curbed their production: the automotive and construction industries in particular are weak at the moment. This has repercussions for us,” continued Hartel.

In view of the current business trend, he stated that ‘the majority of its customers are continuing to exercise caution when placing orders because they are facing weak demand.”

He further explained that the lower demand for solar-grade polysilicon had impacted Wacker’s Polysilicon division.

“The USA’s ongoing antidumping investigations into solar imports from some countries in Southeast Asia has led to market uncertainty. By contrast, the hyperpure semiconductor-grade polysilicon business performed well. This shows that our long-term strategy is paying off.”

Wacker is said to have focused firmly on efficiency and cost discipline for some time now in order to tackle the challenges posed by the ongoing difficult market environment.

The CEO remains optimistic about the company’s long-term prospects.

“We confirmed our growth and sustainability targets for 2030 at our Capital Markets Day in mid-September. We are investing extensively to be able to meet the needs of our customers in the various industries and regions. Even though we are currently in a difficult economic environment, we are convinced that we are well positioned for the future: we have a committed team of experts, high innovative strength, and products and solutions that address the megatrends of our time,” he said.

To grow even further, Wacker is pursuing a comprehensive investment program to expand its capacities in all its business divisions and regions

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Taiwan-based performance materials company CHIMEI has secured a distinguished A rating in the CDP Climate Change assessment for the second consecutive year, positioning it within the leading four percent of global organisations evaluated in 2025. This recognition from the prominent environmental disclosure platform underscores the company’s sustained excellence across critical areas such as climate governance, comprehensive risk management and transparent emissions reporting. CHIMEI’s performance demonstrates tangible progress in lowering product emissions intensity, driving self-managed reduction projects and rigorously measuring greenhouse gas outputs in accordance with international standards.

Central to the company’s strategy is its ‘Clean & Green’ vision, which directs a thorough low-carbon transformation. This commitment is operationalised through internal carbon pricing, optimised manufacturing processes and a shift towards renewable energy. CHIMEI further ensures accountability by obtaining third-party verification for the carbon footprints of its entire product range. The pursuit of sustainability extends beyond its own facilities, as the company actively promotes the use of sustainable materials and fosters collaborative decarbonisation efforts throughout its value chain.

Looking forward, CHIMEI is dedicated to engaging with customers, suppliers and partners to advance shared climate objectives, including its ambitious 2050 net-zero target. By continuously investing in innovative technologies and eco-friendly solutions, CHIMEI aims to be a catalyst for industry-wide change, supporting the transition toward a more resilient and low-carbon future for all.

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Kraton Corporation, a leading global producer of speciality polymers and high-value bio-based chemicals derived from pine wood pulping co-products, has achieved International Sustainability and Carbon Certification (ISCC) PLUS for its manufacturing facility in Panama City, Florida, United States. This independent certification tracks sustainable materials via a mass balance approach. The achievement allows Kraton to issue a formal ISCC PLUS Sustainability Declaration with shipments of its biobased polyterpene resins, providing its customers with the documentation needed to validate the renewable content in their own products.

The Panama City site becomes the company’s fourth production plant to gain this certification, building upon a commitment that started with the certification of its Sandarne, Sweden, facility in 2021. By securing these certifications across its network, Kraton strengthens its leadership in supplying circular and renewable solutions. This effort supports broader industry shifts, as customers can now more seamlessly integrate verified, sustainable materials into their supply chains and end products.

Ultimately, the company’s pursuit of such certifications aligns with a larger transition towards a more sustainable and circular economy, demonstrating how specialised chemical producers can enable tangible environmental progress through verified chain-of-custody systems.

Lana Culbert, Kraton Pine Chemicals VP of Marketing, said, “Our SYLVARES™ and SYLVATRAXX™ brands feature a portfolio of high-performance polyterpene resins. They are widely recognised for their use in adhesives and tyre applications, yet their versatility extends to other industries, like agriculture, with more opportunities ahead. While we can measure bio-based content of our pine chemicals using Carbon-14 analysis, certifying our Panama City facility under ISCC PLUS strengthens supply chain transparency, supporting the growth of the circular economy.”

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Solvay has inaugurated its new bio-circular silica facility at its plant in Livorno, Italy, a strategic investment that underscores Italy’s industrial leadership in green innovation. The facility directly anticipates evolving EU sustainability rules for tyres and supports the ambitious environmental goals of Solvay’s customers. By establishing this operation, Solvay positions itself as a proactive partner in achieving the objectives of the European Green Deal and upcoming product regulations.

The site manufactures highly dispersible silica using an innovative process that transforms rice husk ash, an agricultural byproduct, into a valuable bio-based raw material. This method creates a local circular economy, benefits the agricultural sector, and reduces associated CO₂ emissions by 35 percent compared to conventional production.

This initiative is a cornerstone of Solvay's global strategy to transition all its silica production to certified circular raw materials by 2026. While the Livorno site is the first to use rice husk ash, other global plants will utilise different local waste streams. For the tyre industry, adopting this circular silica already enables tyres to contain up to 15 percent recycled or renewable content, providing significant progress towards the sector’s 2030 material targets.

Beyond compliance, the silica produced is essential for developing energy-efficient tyres that lower rolling resistance, thereby reducing fuel consumption and extending electric vehicle range. The Livorno facility thus reinforces Solvay's market leadership in sustainable silica and highlights Italy’s vital role in the company’s broader portfolio of green investments, including projects in green hydrogen and circular soda ash.

Philippe Kehren, CEO, Solvay, said, “By acting now, Solvay is helping tyre manufacturers prepare for future EU requirements and meet their own sustainability goals. Livorno is a tangible example of how we turn circular economy principles into industrial reality, enabling progress for generations.”

Jana Striezel, Head of Purchasing at Continental Tyres, said, "Solvay has managed to transform an agricultural byproduct into a high-performance material on an industrial scale. We are looking forward to integrating more and more rice husk ash silica as a recycled material in our tyre production and are very satisfied with its performance. We are keen on innovative, renewable and recycled materials because they support our ambitious sustainability roadmap.”

An Nuyttens, President of Solvay’s Silica business, said, “Livorno sets a benchmark for circular innovation in Europe and beyond. Our goal is clear: wherever Solvay produces silica, we will integrate circular materials to reduce environmental impact and support our customers’ sustainability objectives.”

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Ecolomondo Corporation, a Canadian developer of sustainable technology for recycling scrap tyres, has announced that its Hawkesbury facility reached a key operational milestone during the week of 12 January 2026, by successfully completing a record five double processing batches. This progress signifies a major step forward as the company advances towards full commercial production at the plant. Utilising its proprietary Thermal Decomposition Process (TDP) and a new automated Human-Machine Interface system, the facility maintained consistent operations and produced high-quality recovered materials.

The week’s activity led to the recycling of an estimated 9,375 scrap tyres, processing a total of 150,000 pounds (approximately 68,038 kg) of rubber feedstock. From this, approximately 60,000 pounds (approximately 27,215 kg) of recovered carbon black and 75,000 pounds (approximately 34,019 kg) of tyre-derived oil were generated, alongside syngas used to power the process itself.

As a Canadian leader in tyre recycling technology, Ecolomondo views these results as a strong validation of the scalability and reliability of its proprietary TDP system, underscoring the ongoing ramp-up at its Hawkesbury TDP facility. This consistent performance enhances the company's position in the circular economy, turning a challenging waste stream into valuable industrial commodities and demonstrating the commercial viability of its innovative approach.

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