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Wacker Semiconductor Holding Corporation history
Wacker Semiconductor Holding Corporation company history timeline
The origins of Wacker Chemie may be traced to Alexander Wacker, who was born in 1846 in the German city of Heidelberg.
The business skills he learned there would prove an important asset when he met Sigmund Schuckert in 1877.
The company's dynamos powered Munich's first electric tram line which started service in 1886.
In 1892 he reorganized the company as the Elektrizitä× AG, vormals Schuckert & Co.
In 1902 Wacker started a new venture of his own.
Around 1907, Alexander Wacker took the next steps in his career as a businessman.
The first products manufactured in December 1916 were acetylaldehyde and acetic acid, which WACKER chemists developed by reacting acetylene (made from calcium carbide) with water.
The first tank full of acetone was shipped from the Burghausen plant in January 1917.
In 1918 the Burghausen plant started producing tetrachloroethane and trichloroethylene, and Wacker's research lab was also moved to Munich.
In 1919, during the first year of peace after World War I, Wacker-Chemie began the production of acetic ester, oxybutyric aldehyde, crotonaldehyde, butanol and butyl acetate.
In 1920 the production of ethyl acetate began in the Burghausen plant.
1921: Farbwerke Hoechst AG acquires 50 percent of Wacker's share capital.
In 1922 it registered a patent for a technology to produce anhydride from cellulose acetate, or ketene.
In 1922 Wacker's own water-power station--the 'Alzwerke'--delivered electricity for the first time to the Burghausen plant.
In 1923 a new currency, the Rentenmark, was introduced in Germany after hyperinflation had hit its peak.
In 1924 researchers at the Consortium discovered polyvinyl alcohol, which led to the production of the first solely synthetic fiber called Polyviol.
The Burghausen plant was expanded, three new production plants were acquired or built and a share was bought in Wacker's Bavarian distribution partner Christian Dederer GmbH. In 1924 Wacker obtained a lease on a salt mine for 30 years which secured the supply of rock salt for chlorine electrolysis.
In 1928 the Consortium published for the first time results of their work on the polymerization of vinyl chloride and started intense testing the year after.
In 1928, vinyl acetate went into production, followed two years later by polyvinyl acetate.
By 1930 Wacker's Burghausen plant had grown into a significant chemical production complex.
Richard Müller and Eugene Rochow were honored with the WACKER SILICONE AWARD. From 1942, independently of each other, both developed direct synthesis for dimethyldichlorosilane – the forerunner of WACKER’s over 3,000 different silane and silicone products.
Nearly all of Wacker's production facilities were closed down between May and October 1945.
In 1947, when research started again in Burghausen, Wacker-Chemie opened the silicon chapter of its history.
In 1949, Nitzsche and his colleagues successfully synthesized silane for the first time.
Siltronic’s history goes back to the year 1953.
In 1960 Wacker's hyperpure silicon was sold to the United States for the first time.
Until 1961, several hyperpure silicon production plants went into operation.
In 1973 marketing subsidiaries Wacker-Chemie (Schweiz) AG in Liestal and Wacker-Chemie S.A. in Brussels were set up.
Rapid Growth through 1979
In 1979 Wacker bought a share in the Canadian firm Henley Chemicals Ltd. located in Ontario, which had represented Wacker in Canada.
Wacker's sales passed the DM 3 billion mark for the first time in 1988; 14,000 people worldwide were on the company's payroll.
He worked for BMW for ten years before joining Wacker Chemie in 1993 as a member of the board, when it was still a privately owned company.
1998: Hoechst announces plans to sell its 50 percent share in Wacker-Chemie.
Doctor Christian Hartel Doctor Christian Hartel has been Wacker Chemie AG’s new president and CEO since May 2021, succeeding Doctor Rudolf Staudigl, who retired at the end of the Annual Shareholders’ Meeting.
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Wacker Semiconductor Holding Corporation may also be known as or be related to WACKER SEMICONDUCTOR HOLDING and Wacker Semiconductor Holding Corporation.