Breaking News

Wacker Silicones Has its Sights Set On Growth

June 23, 2008

For years, cosmetic manufacturers have relied on silicones to provide a wide range of attributes in their personal care products. But executives at Wacker Silicones insist these materials can do even more, and are developing a roster of silicone hybrids to meet the growing demands of consumers around the world.

These developments come at a time when Wacker Chemical Corp. is on a roll. Last year, the company reported a 13% gain in sales to nearly $5.2 billion and a 36% surge in net income to $578 million. At its annual press briefing, which was held in Munich in March, then-company president and hief executive officer Peter-Alexander Wacker called the results the best in company history.

“International business, accounting for over 80% of group sales, was the main growth engine last year,” explained Dr. Wacker. “Sales growth was particularly strong in Asia, especially in China.”

More specifically, sales of silicones increased 6%, due primarily to volume gains. And those gains continued into 2008. First quarter corporate sales rose 8% to $1.5 billion. For the same period, sales of silicones rose 4% to $540 million.

Last month, as previously announced by the firm, Dr. Wacker was appointed chairman. Rudolf Staudigl took over as president and CEO.

The company offers more than 3000 different silicone products for a wide range of industries. One of the newest is Belsil P101, a polysiloxane and polyvinyl acetate material that enables formulators to create hairsprays that provide softness, silky touch and humidity resistance as well as hold and curl retention. The silicone loops in the hairstyling polymer are responsible for the silky, soft feel, according to Peter Ball, director of polymers, corporate research and development, Wacker.

“Cosmetics is one of the most competitive markets that Wacker competes in,” explained Dr. Ball during an international press workshop held in Germany in March. “Products such as Wacker-Belsil P101 provide the added value that our customers want.”

Wacker-Belsil P101 is a hybrid material that combines organic polymer blocks with silicone blocks, a combination that leads to a branched multiblock polymer structure. It is soluble in ethanol and in a wide range of ethanol/water mixtures.
blog comments powered by Disqus
  • What

    What's Next for the UK?

    Sarah Boumphrey, Euromonitor International||June 24, 2016
    Euromonitor weighs in on the implications for consumer product companies.

  • Henkel Grabs the Sun

    Henkel Grabs the Sun

    Ian Bell, Euromonitor International||June 24, 2016
    Euromonitor's Ian Bell on the impact the purchase will have on the US detergent industry.

  • To The Max

    To The Max

    Melissa Meisel, Associate Editor||June 20, 2016
    Velvet 59 is on the rise at locations like Ricky’s NYC.

  • Take Notice

    Take Notice

    Melissa Meisel , Associate Editor||June 1, 2016
    Packaging trends revolve around trendy artwork, eco-conscious materials—and portability is a plus too!

  • Virtual Reality

    Virtual Reality

    Christine Esposito, Associate Editor||June 1, 2016
    An update on nature-identical ingredients for cosmetics and personal care products.

  • Shiseido Advances in the US

    Shiseido Advances in the US

    Tom Branna, Editorial Director||June 1, 2016
    New facility in Windsor, NJ demonstrates its dedication to the US and other markets outside Japan.