Wacker Chemie

J.P. Morgan continues to rate Wacker Chemie as "Underweight" and fears the company could lower its long-term targets through 2030 at a capital markets event on 17 September in London. The reason is weaker polysilicon demand forecasts from China and the high Asia exposure (almost 35% of external sales in 2025). Additional headwinds could come from falling sellable volumes if oil supply in the Gulf is disrupted for longer due to the Huthi rebels, so price increases may not offset volume losses. Technically, the stock is falling toward the 200-day line at around €85; expectations for Q3 2026 should therefore be rather cautious. » Więcej na finanzen.net

The Wacker Chemie share fell about 3.4% after reports said the company was considering closing its plant in Charleston, Tennessee, which has around 600 employees. According to the report, the facility recently lost its two remaining customers as a result of US trade measures aimed at supporting domestic polysilicon. Wacker Chemie says it is too early to assess the impact and is in talks with the US government; a final decision on the site is expected in the coming weeks. » Więcej na de.investing.com

WACKER CHEMIE said there are no plans to close its polysilicon plant in Charleston (Tennessee). Reports had portrayed the plant as at risk because of U.S. trade policy and lost customers; the company says it is holding constructive talks with the U.S. government, as the recent proclamation in its current form does not effectively encourage the use of polysilicon produced in the United States. WACKER has been producing in Charleston since 2016 and invested around $2.5 billion when the plant started operations; the stock reacted with losses. » Więcej na finanzen.net