Wacker Chemie to Build New Silicone Plant in Czech Republic
- By TT News
- July 09, 2024
Wacker Chemie AG is bolstering its focus on European silicone specialities by constructing a new production facility in Karlovy Vary, Czech Republic.
The recent groundbreaking ceremony with project partners and local officials marks the start of a new chapter for Wacker’s silicone business. By the end of 2025, the plant will begin producing room-temperature-curing high-performance silicones, with high-temperature-curing silicone rubber following in 2028.
“Karlovy Vary will be a new and important pillar for our silicone activities in Europe and will strengthen our position as a leading manufacturer of silicone specialities. With today’s groundbreaking ceremony, we’ve achieved our first milestone,” said Executive Board member Christian Kirsten, addressing guests from politics and business. “Our silicone rubber grades are in demand in all key growth markets. As an expert in silicones, we can offer precisely the solutions our customers need to develop innovative products and technologies,” stated Kirsten.
“In order to be able to meet the growing demand for such solutions in the long term, we need to lay the necessary groundwork now,” noted Kirsten. “With Karlovy Vary, we are now beginning a new chapter in our silicones’ success story.”
These specialised silicones are in high demand for use in critical technologies like electric vehicles, healthcare, and grid expansion. The investment is in the low triple-digit million-euro range and is expected to create around 200 jobs in the first phase.
The new facility complements Wacker’s existing integrated production sites in Burghausen and Nünchritz, Germany. It will allow the company to optimise its production processes further.
With a capacity of over 20,000 metric tonnes of custom-made silicones per year upon full operation, the Karlovy Vary plant is expected to deliver its first production by the end of 2025.
“Our integrated production setup in Europe will be even more flexible with Karlovy Vary. It will enable us to serve our customers both in Europe and elsewhere even better,” said Kirsten.
Following a rigorous selection process, Karlovy Vary emerged as the preferred location. Construction of the 23,000-square-metre building and infrastructure will begin in the coming weeks and months. Wacker is partnering with US real estate developer Panattoni, who will oversee construction and Czech real estate group Accolade, the owner of the property and building. Its proximity to Burghausen and Pilsen, the region’s relatively low energy costs, and the availability of qualified staff made the decision very easy for us in the end,” said Kirsten.
Soaring Raw Material Prices And Weak Demand Trigger wdk Alarm For German Rubber Industry
- By TT News
- May 16, 2026
The German Rubber Industry Association (wdk) has sounded an alarm over an exceptionally difficult economic situation facing the rubber sector. Soaring raw material prices and persistently high energy costs, exacerbated by the Iran war, are coinciding with weak industrial demand. wdk Chief economist Michael Berthel noted an almost unprecedented economic disparity, as raw material costs approach historical highs from 2011 and 2022 while a lack of demand prevents any offset for manufacturers.
Since the final quarter of 2025, prices for key inputs have risen sharply. Natural rubber has jumped more than 40 percent within months, while butadiene-based synthetic rubbers have increased over 30 percent. EPDM synthetic rubber, carbon black and oil-based plasticisers have all risen more than 20 percent, with some individual chemicals exceeding 40 percent cost growth in just a few weeks.
Energy prices remain a major burden, with Middle East developments fuelling market uncertainty. Risks to international transport and supply chains persist, and German rubber companies are closely watching potential impacts on raw material availability and global logistics flows.
Berthel warned that firms face mounting pressure from high costs, geopolitical instability and structural disadvantages in Germany, with no short-term relief in sight. The industry depends heavily on fair and reliable partnerships across the value chain, as processing companies alone cannot absorb the current strain. He called for fair solutions and a shared understanding of this exceptional situation.
Rubber Board Extends Planting Aid Schemes At Current Rates For 2026-27
- By TT News
- May 08, 2026
The Rubber Board of India has confirmed the continuation of all existing central sector schemes for the 2026-27 fiscal year at unchanged rates. Financial aid for new planting will be restricted to estates utilising poly bag or root trainer plants sourced solely from Board-approved nurseries, with applicants required to submit the original purchase bill. This mandatory verification step aims to ensure quality and authenticity of planting materials used across the sector.
Support for rain guarding and spraying operations will be channelled exclusively through Rubber Producers’ Societies. These societies must include GST bills for all acquired materials when applying. The official timeline for submitting applications will be announced separately by the Board, giving producers adequate time to prepare documentation and coordinate with their respective societies before the deadline.
Rubber Board Calls For Marketing Graduates With Digital Skills For Temporary Engagement
- By TT News
- May 07, 2026
The Rubber Board of India has announced a temporary engagement for a young professional within its Market Promotion Division, located at the RRII campus in Puthuppally, Kottayam. The selected individual will assist with division activities and promote ‘mRube’, the electronic trading platform for natural rubber.
Candidates must hold an MBA in Marketing or Agri Business Management with computer knowledge, while skills in digital marketing, sales or market research and proficiency in English and Hindi are preferred. Applicants aged up to 30 years as of 1 May 2026, will be considered for the one-year role, which offers a consolidated monthly pay of INR 25,000.
Interested individuals should send their applications to the Deputy Director (Marketing) at the Central Laboratory Building, RRII, Rubber Board PO, Kottayam – 686009 by 19 May 2026. Shortlisted names will appear on the Rubber Board’s website with interview details, as no separate communication will be sent.
Bekaert Finalises Acquisition Of Bridgestone’s Tyre Reinforcement Plants In China And Thailand
- By TT News
- May 06, 2026
Bekaert has officially finalised its acquisition of Bridgestone’s tyre reinforcement operations in China and Thailand, after securing all necessary regulatory approvals and meeting standard closing conditions. The deal, now fully completed, marks a significant step in the Belgian company’s expansion strategy.
The transaction brings under Bekaert’s control two production facilities: Bridgestone (Shenyang) Steel Cord Co., Ltd. in China and Bridgestone Metalfa (Thailand) Co., Ltd. in Thailand. These plants specialise in manufacturing high-quality tyre cord products exclusively for Bridgestone tyres, and they will continue to supply Bridgestone under the new ownership, further deepening the longstanding partnership between the two firms.
Financially, the acquisition is expected to add roughly EUR 80 million to Bekaert’s annual consolidated sales. The EUR 60 million cash consideration for the deal was funded from the company’s available cash reserves.
Curd Vandekerckhove, CEO Rubber Reinforcement, said, “With the completion of this acquisition within our Rubber Reinforcement division, we are pleased to officially welcome the plant teams in China and Thailand to Bekaert. Our immediate focus is on a smooth transition and operational continuity while continuing to serve Bridgestone as a key strategic partner. The completion of the acquisition further strengthens the position of Bekaert in the tyre cord market, expands the global manufacturing footprint and deepens our longstanding partnership with Bridgestone. A long-term supply agreement ensures continued delivery of high-quality tyre reinforcement within a trusted supplier model.”



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