Wacker Chemie Ag · XETR:WCH
Wacker Chemie — Investor Day (December 2020)
30 slides from Wacker Chemie's investor day presentation, Dec 17, 2020
Slide 1: WACKER Virtual CMD Series: SILICONES & POLYMERS
CREATING TOMORROW`S SOLUTIONS WACKER Virtual CMD Series: SILICONES & POLYMERS Wacker Chemie AG, December 17, 2020 Ticker: WCH © Wacker Chemie AG www.wacker.com Virtual CMD Series: SILICONES & POLYMERS, December 17, 2020 0
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is for background purposes only and is subject to amendment, revision and updating. Certain statements and information contained in this presentation may relate to future expectations and other forward-looking statements that are based on man
Slide 3: Agenda for Today
Agenda for Today Agenda 10:00 - 11:00 AM CET POLYMERS & SILICONES In between Q&A Sessions Our Speakers Tobias Ohler Peter Summo Robert Gnann CFO President WACKER POLYMERS President WACKER SILICONES © Wacker Chemie AG Virtual CMD Series: SILICONES & POLYMERS, December 17, 2020 2
Slide 4: Global Climate Targets Act as a Catalyst for CO2 Reduction Technologies
Global Climate Targets Act as a Catalyst for CO2 Reduction Technologies WACKER Technologies Help Abate CO2 From Primary Emission Sources Global Policy Update Energy supply Clean energy & China Net Zero by 2060 Others distribution 24% 24% technologies 2,500 GW PV solar & 2,400 GW wind needed**
Slide 5: WACKER Enables Technologies for Clean Energy & Sustainable Mobility
WACKER Enables Technologies for Clean Energy & Sustainable Mobility Clean Energy Sustainable Mobility Share of renewables in the EU electricity production mix needs to A 90% reduction in transport emissions is needed by 2050 to double to at least 65% by 2030 to fulfill the targets laid out achieve c
Slide 6: WACKER Enables Smart Construction Technologies and Raw Material Savings
WACKER Enables Smart Construction Technologies and Raw Material Savings Renovation Wave Resource Efficiency Renovation rates will need to at least double 50% of total GHG emissions and 90% of biodiversity loss to reach the EU’s energy efficiency and climate objectives. and water stress come from res
Slide 7: WACKER POLYMERS
CREATING TOMORROW`S SOLUTIONS _WACKER POLYMERS Peter Summo – President WACKER POLYMERS Ticker: WCH © Wacker Chemie AG www.wacker.com Virtual CMD Series: SILICONES & POLYMERS, December 17, 2020 6
Slide 8: POLYMERS at a Glance
POLYMERS at a Glance Leading Market Positions and Long-Term Growth Sales #1 DPP* #1 VAE-Dispersions** +6% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Wacker Celanese Dairen Others Drivers for POLYMERS Growth Customer Focus Sustainability Intact growth drivers in key markets Global presence
Slide 9: Tandem Sites and Tech Centers Enhance POLYMERS' Global Reach
Tandem Sites and Tech Centers Enhance POLYMERS’ Global Reach Serving Customers in All Key Markets Tandem = VAE disp. + DPP # of tech Sales centers CAGR 2010-2019 Global + 16 +6% Americas ✓ ✓ 5 Asia ✓ ✓ 7 Tandem Sites (DPP + VAE) Technical center EMEA ✓ ✓ 4 Addressing Individual Regional Market Requi
Slide 10: Intact Fundamental Market Drivers Offer Growth Potential for POLYMERS
Intact Fundamental Market Drivers Offer Growth Potential for POLYMERS Polymer Binders in Everyday Life Market Drivers Others Smart Construction: Floor Systems Paints & Coatings Tile adhesives Low emission paints Sales Split DPP ↔ Smart and sustainable Nonwovens, construction, urbanization and
Slide 11: DPP Technology Provides Answers to Market Requirements in Construction
DPP Technology Provides Answers to Market Requirements in Construction Growth Drivers Performance Benefits Growth Potential Global Dry Mortar Market Energy Good adhesion Urbanization efficiency Flexibility With polymer modification Open time Material savings Architectural CO2 savings Produ
Slide 12: EU Green Deal New Catalyst for Growth in Europe for Renovation & Construction
EU Green Deal New Catalyst for Growth in Europe for Renovation & Construction Good Adhesion and Flexibility Enable ETICS’ Success ~70% ~25% of ETICS* used energy loss of a heated in renovation building through facade ~90% 35 million of today’s buildings inefficient buildings in the will still be in
Slide 13: Resource Efficient Solutions with a Low CO2 Footprint are Required in all Regions
Resource Efficient Solutions with a Low CO2 Footprint are Required in all Regions Transformation Enables Material Saving, CO2 Emission Reductions and Higher Productivity ~-60% ~12 million mt less sand and cement used CO2 equivalent avoided per in thin bed vs. thick bed year by using thin-bed CTA* ap
Slide 14: Substitution Drives VAE Growth in Consumer & Industrial Applications
Substitution Drives VAE Growth in Consumer & Industrial Applications Growth Drivers Performance Benefits Growth Potential Global Synthetic Polymer Latex Environmental Adhesion-cohesion balance Market 2019* Higher Incomes Awareness VAE Excellent machinability Others VAc- Low VOC emissions copo
Slide 15: New Solutions Are Developed to Meet Changing Market Requirements
New Solutions Are Developed to Meet Changing Market Requirements VINNAPAS®, PRIMIS® and NEXIVA® – Solutions for Paints and Coatings Applications Ultra Low VOC Easy-to-Clean water borne paints based on PRIMIS® as co-binder VINNAPAS® products with improves scrub resistance VOC content <1g/L of paints
Slide 16: Providing Sustainable Solutions for our Customers with Bio-Based Products
Providing Sustainable Solutions for our Customers with Bio-Based Products VINNECO® Binders Produced Using Renewables Offering Smart Access to Sustainable Solutions 25% 1:1 is the 2030 aspirational drop-in solution without the target for bio-based need of reformulation feedstock in the EU chemicals p
Slide 17: POLYMERS Sustainable Binder Solutions
POLYMERS Sustainable Binder Solutions Sources of Growth Customer Global presence with production and technical centers Focus Continuously expanding our production footprint to enable customer’s growth potential Substitution Performance driven substitution by Innovation Transformation towards
Slide 18: WACKER SILICONES
CREATING TOMORROW`S SOLUTIONS _WACKER SILICONES Dr. Robert Gnann – President WACKER SILICONES Ticker: WCH © Wacker Chemie AG www.wacker.com Virtual CMD Series: SILICONES & POLYMERS, December 17, 2020 17
Slide 19: SILICONES at a Glance
SILICONES at a Glance Excellent Performance Characteristics & Specialty Focus Drives Growth Sales 2019 Market Position +5% WACKER #2 Others Elkem ShinEtsu Dow + DuPont 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Momentive + KCC Drivers for SILICONES Growth Drivers Performance Sustainability
Slide 20: Substantial Investments in Downstream Capacities Fostering Specialties Growth
Substantial Investments in Downstream Capacities Fostering Specialties Growth Full Portfolio – Specialty Focus Success Factors Mix Shift Towards Specialties Siloxane consumed by Specialties High Low Localization of service and (volumes, in kt) CapEx intensity downstream production close to our cus
Slide 21: Versatility and High-Performance Drive Growth in New Applications
Versatility and High-Performance Drive Growth in New Applications Broad Spectrum of Adjustable Properties Performance Benefits Hydrophilic Hydrophobic Durability, longevity Heat stability Adhesive Release UV, chemical & microbial resistant Water repellent & water vapor permeable Conductive I
Slide 22: SILICONES Serve Diversified End Markets
SILICONES Serve Diversified End Markets Broad Market Penetration and a Wide Customer Base Climate Policy Drivers Health Care Energy ↔ Renewables and Grids Automotive Automotive ↔ E-Mobility Advanced Processing & Energy & Electronics Construction ↔ Renovation Performance Additives Silicones S
Slide 23: Wind Energy with Continued Growth on the Back of Clean Energy Policies
Wind Energy with Continued Growth on the Back of Clean Energy Policies HDK®: Enabling Longer and Stronger Rotor Blades with Fumed Silica Bonding Pastes 30% Performance of the future electricity requirements increase with demand in the EU will be longer and heavier rotor supplied by offshore wind* bl
Slide 24: Growing Silicones Content due to E-Mobility, Autonomous Driving & Connectivity
Growing Silicones Content due to E-Mobility, Autonomous Driving & Connectivity Silicones Protect and Enable Critical Components in Hybrids, Electric and Hydrogen-Fuel Vehicles 90% Essential Battery Power Conversion reduction of greenhouse gas in batteries, sensors, power emissions targeted in the co
Slide 25: Construction Related Applications Benefit From EU Renovation Wave
Construction Related Applications Benefit From EU Renovation Wave Silane Modified Polymers: Advanced Adhesives with Excellent Performance & Substitution Drive Performance Outgrow market Excellent adhesion, easy to proven track record by apply, formulation freedom technology lead in SMP* Paintable jo
Slide 26: Setting the Industry Benchmark for Non Post-Cure Liquid Silicone Rubber
Setting the Industry Benchmark for Non Post-Cure Liquid Silicone Rubber Low Volatile LSR Combining Performance with Excellent Productivity and a Sustainable Industry Energy savings >80% and increased productivity reduction of volatiles in Injection Molding by avoiding post-curing non post-cured stat
Slide 27: Innovation Ahead – Huge Energy Savings with Leading Edge EAP Technology
Innovation Ahead – Huge Energy Savings with Leading Edge EAP* Technology Electro-Active Laminates Supports EU Principle “Energy Efficiency First” 99.5% Best-in-class energy saving vs. Silicone-based EAPs* comparable solenoid with unlimited charge & actuator recovery cycles 50-80% €40bn weight reduct
Slide 28: SILICONES Global Climate Policies Drive Demand for Silicone Specialties
SILICONES Global Climate Policies Drive Demand for Silicone Specialties Growth Focus Extend our global competence network and grow local markets Innovation Preferred innovation partner of our customers Value Focus on downstream projects to support our customers’ specialty applications Creation
Slide 29: WACKER: Virtual CMD Series
WACKER: Virtual CMD Series June 2020 WACKER Strategy Update TODAY SILICONES & POLYMERS Q2 2021 R&D and BIOSOLUTIONS Q4 2021 Sustainability, ESG & POLYSILICON We are looking forward to welcoming you to our next event! © Wacker Chemie AG Virtual CMD Series: SILICONES & POLYMERS, December 17, 2020 28
Slide 30: WACKER: Issuer, Contact and Additional Information
WACKER: Issuer, Contact and Additional Information Issuer and Contact Financial Calendar INVESTOR RELATIONS CONTACTS 03/16/21 FY 2020 Results 04/29/21 Q1 Results 2021 Joerg Hoffmann, CFA Tel. +49 89 6279 1633 | joerg.hoffmann@wacker.com 05/12/21 Annual Shareholders’ Meeting 07/29/21 Q2 Results 2021