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Wacker Chemie AG

euro adhoc: Wacker Chemie AG
Strategic management decisions
WACKER und SCHOTT in talks about joint venture to produce solar wafers

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
establishment of joint ventures
20.07.2007
Munich / Mainz, 07/20/2007 - Wacker Chemie AG and SCHOTT Solar GmbH, 
a subsidiary of  SCHOTT AG, intend to set up a joint venture to 
produce silicon wafers for solar applications. Negotiations are well 
advanced. The joint venture could start production of 
multicrystalline silicon ingots and solar wafers, which are a 
precursor for solar cells, this year. Solar wafer production capacity
is targeted to reach about one gigawatt per year by 2012. WACKER and 
SCHOTT shall each hold a 50 percent equity stake in the joint 
venture.
end of announcement                               euro adhoc 20.07.2007 15:33:41

Further inquiry note:

Investor Relations
Tel.: +49 (0)89 6279 1633
E-Mail: investor.relations@wacker.com

Branche: Chemicals
ISIN: DE000WCH8881
WKN: WCH888
Index: CDAX, Classic All Share, HDAX, MDAX, Midcap Market Index,
Prime All Share
Börsen: Börse Frankfurt / official dealing/prime standard

Original-Content von: Wacker Chemie AG, übermittelt durch news aktuell

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