InterContinental Shanghai Pudong
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Innovating to Increase Regional Market Share
The silicone industry has grown leaps and bounds with improving economies. Sustained strong silicone demand has triggered a powerful wave of silicone monomer investment in China & India. How will these additional capacities and new players in the industry change the dynamics of the silicone sector?
Silicon metal, one of the major raw materials, goes through wild fluctuating cycles in times of buoyant demand. Producers need various strategies to manage this major cost component. To secure its supply, Wacker Chemie AG is acquiring the Norwegian FESIL Group’s silicon-metal production site in Holla (near Trondheim). Wacker takes over all of FESIL’s production facilities in Holla, including the related real estate.Asian Metal Copyright Acquiring Holla makes Wacker more independent of raw-material price fluctuations and increases its supply security during peak-demand periods; moreover, the acquisition makes Wacker more competitive in the fierce market of polysilicon.Asian Metal Copyright ( Source: Asian Metal June 2010). Will this mark the start of more acquisitions? How will the market for silicon metal look like next?
Other than managing costs efficiently, players will need to continuously innovate to increase market share. How are end user requirements and innovations changing in the different segments from Personal Care, Solar, Automobile, LED, Textiles to Coatings ?
CMT’s 4th Global Silicone Biz Outlook provides timely insights to help you in your business decisions. Register with your team today at www.cmtevents.com or contact sharm@cmtsp.com.sg for more information.
Key Reasons to attend CMT’s 4th Global Silicone Business Outlook :
You will network with
- CEOs - MDs - Regional Directors - Business Development Directors/Managers
- Technology Directors - Operations Managers - R&D Directors
from Silicone manufacturing companies, silicon metal, platinum, methanol,
silicone technology providers, end users in Automotive, E&E, Personal Care,
Construction, Coating, Medical, Textiles, etc and all companies involved in the silicone industry