MIRA INFORM REPORT

 

 

Report Date :

31.03.2011

 

IDENTIFICATION DETAILS

 

Name :

WACKER CHEMIE AG 

 

 

Registered Office :

Hanns-Seidel-Platz 4, 81737 München

 

 

Country :

Germany

 

 

Date of Incorporation :

16.12.1920

 

 

Com. Reg. No.:

HRB 159705

 

 

Legal Form :

Public Limited Company

 

 

Line of Business :

Manufacture of other organic basic chemicals

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

 

Status :

Good

 

 

Payment Behaviour :

No Complaints  

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address

 

Wacker Chemie AG

Hanns-Seidel-Platz 4

81737 München

 

 

Financial Information

 

Payment experience:           within agreed terms

Negative information:           We have no negative information at hand.

Solvency:                           solvent

 

 

Conclusion

 

The company is considered solvent for credits within its scope o business.                                                 

 

 

Communication data

 

Main address

Address:                       Hanns-Seidel-Platz 4

D 81737 München

Telephone:                        089/6279-0

Telefax:                             089/6279-1770

Homepage:                       www.wacker.com

E-mail:                              info@wacker.com

VAT no.:                           DE129275094

 

 

Synthesis

 

Legal form:                         Public limited company                                                                             

Date of foundation:              16.12.1920                                                                                               

Registered on:                    23.11.2005                                                                                               

Commercial Register:          Local court 80797 München, HRB 159705                                                   

Share capital:                     260.763.000,00 EUR                                                                                 

                                         The company is listed on the stock market.                                                

 

Shareholder  

 

Morgan Stanley International Incorporated

USA - New York

Legal form: Other legal form

Reg. data:   HRB

  

Shareholder                                                                                             

Dr. Alexander Wacker Familiengesellschaft mit beschränkter Haftung

Hanns-Seidel-Platz 4

D 81737 München

Legal form:        Private limited company

Share capital:    5.306.500,00 EUR

Registered on:   10.12.1920

Reg. data:         80797 München, HRB 515

  

 

Member of the Board of Directors

 

Dr.rer.nat. Rudolf Staudigl

Hanns-Seidel-Platz 4

D 81737 München

authorized to jointly represent the company

born:               18.06.1954 in: Neufahrn bei Freising

Profession :     Fully qualified chemist

Marital status: unknown

   

 

Further functions/participations of:

Dr.rer.nat. Rudolf Staudigl

 

Member of the Supervisory Board

Siltronic AG

Hanns-Seidel-Platz 4

D 81737 München

Legal form:        Public limited company

Share capital:    100.000.000,00 EUR

Registered on:   22.01.2004

Reg. data:         80797 München, HRB 150884

 

Member of the Board of Directors

Dr. Joachim Rauhut

D 81737 München

authorized to jointly represent the company

born:             09.05.1954

Profession :   Businessman

 

Member of the Board of Directors

Dr. Wilhelm Sittenthaler

Hanns-Seidel-Platz 4

D 81737 München

born:             22.07.1955

Profession :   Businessman

 

Member of the Board of Directors

Auguste Willems

D 81737 München

born:            26.02.1959

Nationality:   Belgian

 

Vice-president of the Supervisory Board

Anton Eisenacker

D 84567 Perach

 

Member of the Supervisory Board

Dr. Bernd W. Voss

D 61476 Kronberg

born:                13.07.1939

Marital status: married

 

Member of the Supervisory Board

Prof.Dr. Ernst-Ludwig Winnacker

Dall'Armistr. 41a

D 80638 München

born:   26.07.1941

 

Member of the Supervisory Board

Franz-Josef Kortüm

D 82131 Stockdorf

born:   18.08.1950

 

Member of the Supervisory Board

Dr. Thomas Strüngmann

Dillisweg 7

D 83684 Tegernsee

born:             16.02.1950

Profession :   Fully qualified merchant

 

Member of the Supervisory Board

Peter Aldozo

D 84489 Burghausen

Profession :   Technical employee

 

Member of the Supervisory Board

Dr. Werner Biebl

Liebigstr. 43

D 80538 München

 

born: 10.07.1931

  

Member of the Supervisory Board                                                            

Dr. Konrad Bachhuber

RC Zhangjiagang

 

Member of the Supervisory Board                                                            

Matthias Biebl

D 81737 München

Profession : Solicitor

  

Member of the Supervisory Board                                                            

Dr. Susanne Weiss

D 81737 München

Profession : Solicitor

  

Representative of the Employees within the Supervisory Board              

Peter Aldozo

D 84489 Burghausen

Profession : Technical employee

 

Representative of the Employees within the Supervisory Board              

Seppel Kraus

D 80336 München

 

Representative of the Employees within the Supervisory Board              

Marko Fartelj

D 84375 Kirchdorf

 

Representative of the Employees within the Supervisory Board              

Uwe Fritz

D 80331 München

 

Representative of the Employees within the Supervisory Board              

Eduard-Harald Klein

D 84524 Neuötting

 

Representative of the Employees within the Supervisory Board              

Manfred Köppl

D 84375 Kirchdorf

 

Proxy                                                                                                              

Annemarie Schlagmann

Laurinweg 15

D 85521 Ottobrunn

authorized to jointly represent the company

born: 27.02.1965

  

 

 

 

Proxy                                                                                                        

Rainald Hagenhues

D 40210 Düsseldorf

authorized to jointly represent the company

born:   21.07.1963

 

Proxy

Rainer Irle

Hammerstr. 3

D 57072 Siegen

authorized to jointly represent the company

born:                17.03.1970

Children:          2

Marital status: married

 

Proxy

Alfred Weber

D 84359 Simbach

authorized to jointly represent the company

born:   08.12.1955

 

Proxy

Hans-Jürgen Eberle

D 80333 München

authorized to jointly represent the company

born:   02.05.1950

 

Proxy

Bernhard Kollmuß

D 84489 Burghausen

authorized to jointly represent the company

born:   07.10.1963

 

Proxy

Jörg Hettmann

D 80997 München

authorized to jointly represent the company

born:   19.02.1960

 

Proxy

Bernd Judas

Lindenstr. 16

D 84556 Kastl

authorized to jointly represent the company

born:   19.02.1961

 

Proxy

Henri Ulitzsch

D 64372 Ober-Ramstadt

authorized to jointly represent the company

born:   28.05.1965

 

Proxy

Dr. Peter Schneider

D 80331 München

authorized to jointly represent the company

born:   20.11.1970

 

Proxy

Jean-Lionel Gros

D 81737 München

authorized to jointly represent the company

born:   26.02.1954

 

Proxy

Torsten Bohn

D 81737 München

authorized to jointly represent the company

born:   13.08.1972

 

Proxy

Jörg Peter Krey

D 84489 Burghausen

authorized to jointly represent the company

born:   17.04.1969

 

Proxy

Dr. Michael Schuderer

D 81737 München

authorized to jointly represent the company

born:   14.05.1957

 

Proxy

Sieglinde Feist

D 85630 Grasbrunn

authorized to jointly represent the company

born:   28.05.1963

 

Proxy

Dr. Jochen Dauth

D 84489 Burghausen

authorized to jointly represent the company

born:   11.11.1962

 

Proxy

Dr. Christian Hartel

D 84489 Burghausen

authorized to jointly represent the company

born:   27.03.1971

 

Proxy

Dr. Jürgen Frisch

Schneitsteigweg 7

D 84556 Kastl

authorized to jointly represent the company

born:   28.03.1966

 

 

Company history

 

From:                             

16.12.1920                       Wacker-Chemie GmbH, Prinzregentenstr. 22
D 80538 München             Private limited company

25.01.1999                       Wacker Chemie Gesellschaft mitbeschränkter Haftung (Ag München HRB 3499), Hanns-Seidel-Platz 4
D 81737 München             Private limited company

23.11.2004                       Wacker Chemie AG, Hanns-Seidel-Platz 4
D 81737 München             Public limited company

 

 

Business activities / Sectors

 

Sector (WZ 08)

2014                 Manufacture of other organic basic chemicals

 

 

Branches and plants

 

Branch                            

WACKER CHEMIE GmbH
Salinenstr. 49
D 72401 Haigerloch

 

Branch                            

Wacker-Chemie AG - Niederlassung -
Johannes-Hess-Str. 24
D 84489 Burghausen

 

Branch                            

Wacker-Chemie AG - Chemiewerk Nünchritz -
Friedrich-von-Heyden-Platz 1
D 01612 Nünchritz

 

Branch                            

Wacker-Chemie Gesellschaft mit beschränkter Haftung - Niederlassung -
D 87437 Kempten

 

Branch                            

Wacker-Chemie GmbH - Niederlassung -
Sophienstr. 41
D 70178 Stuttgart

 

Branch                            

Wacker Chemie AG
Rochusstr. 47
D 40479 Düsseldorf

 

 

Participations

 

Limited partner                                                                      

Wacker Polymer Systems GmbH & Co. KG
Johannes-Hess-Str. 24
D 84489 Burghausen
Share: 4.090.335,05 EUR
Legal form: Ltd partnership with priv. ltd. company as general partner dissolved
Total cap. contribution: 5.112.918,81 EUR
Reg. data: 18.09.1998
Local court 83278 Traunstein
HRA 6690

 

Limited partner                                                                      

Wacker Polysilicon GmbH & Co. KG
Friedrich-von-Heyden-Platz 1
D 01612 Nünchritz
Share: 1.000.000,00 EUR
Legal form: Ltd partnership with priv. ltd. company as general partner
Total cap. contribution: 1.000.000,00 EUR

Reg. data: 15.04.2009
Local court 01099 Dresden
HRA 7379

 

Limited partner                                                                      

EPS Ethylen-Pipeline-Süd GmbH & Co. KG
Prinzregentenstr. 18
D 80538 München
Share: 76.800,00 EUR
Legal form: Ltd partnership with priv. ltd. company as general partner
Total cap. contribution: 700.000,00 EUR
Reg. data: 02.01.2007
Local court 80797 München
HRA 89363

 

Shareholder

Alzwerke GmbH
Hanns-Seidel-Platz 4
D 81737 München
Share: 7.160.000,00 EUR
Legal form: Private limited company
Share capital: 7.160.000,00 EUR
Reg. data: 21.12.1972
Local court 80797 München
HRB 715

 

Shareholder

DRAWIN Vertriebs-GmbH
Rudolf-Diesel-Str. 15
D 85521 Riemerling
Share: 155.000,00 EUR
Legal form: Private limited company
Share capital: 155.000,00 EUR
Reg. data: 13.07.1987
Local court 80797 München
HRB 81966

 

Shareholder

Wacker Biotech GmbH
Hans-Knöll-Str. 3
D 07745 Jena
Share: 50.000,00 EUR
Legal form: Private limited company
Share capital: 50.000,00 EUR
Reg. data: 01.10.1999
Local court 07745 Jena
HRB 207917

 

Shareholder

Wacker Polymer Systems Geschäftsführungs GmbH
Johannes-Hess-Str. 24
D 84489 Burghausen
Share: 26.000,00 EUR
Legal form: Private limited company dissolved
Share capital: 26.000,00 EUR
Reg. data: 10.09.1998
Local court 83278 Traunstein
HRB 11526

 

Shareholder

Wacker Chemie Versicherungsvermittlung GmbH
Hanns-Seidel-Platz 4
D 81737 München
Share: 26.000,00 EUR
Legal form: Private limited company
Share capital: 26.000,00 EUR
Reg. data: 08.08.1990
Local court 80797 München
HRB 91957

Shareholder Wacker-Chemie Sechste Venture GmbH
Hanns-Seidel-Platz 4
D 81737 München
Share: 25.000,00 EUR
Legal form: Private limited company
Share capital: 25.000,00 EUR
Reg. data: 02.09.2002
Local court 80797 München
HRB 144209

 

Shareholder

Wacker-Chemie Achte Venture Gesellschaft mit beschränkter
Hanns-Seidel-Platz 4
D 81737 München
Share: 25.000,00 EUR
Legal form: Private limited company
Share capital: 25.000,00 EUR
Reg. data: 08.02.2005
Local court 80797 München
HRB 155956

 

Shareholder

Wacker-Chemie Zweite Venture Gesellschaft mit beschränkter Haftung
Hanns-Seidel-Platz 4
D 81737 München
Share: 25.000,00 EUR
Legal form: Private limited company
Share capital: 25.000,00 EUR
Reg. data: 20.05.1999
Local court 80797 München
HRB 125703

 

Shareholder

Wacker Polysilicon Geschäftsführungs-GmbH
Friedrich-von-Heyden-Platz 1
D 01612 Nünchritz
Share: 25.000,00 EUR
Legal form: Private limited company
Share capital: 25.000,00 EUR
Reg. data: 09.04.2009
Local court 01099 Dresden
HRB 27559

 

Shareholder

W.E.L.T. Reisebüro GmbH
Gustav-Heinemann-Ring 135
D 81739 München
Share: 15.300,00 EUR
Legal form: Private limited company
Share capital: 30.000,00 EUR

Reg. data: 22.07.1988
Local court 80797 München
HRB 85048

 

Shareholder

ZTS - Zentrum für Technologie-strukturentwicklung Region Riesa-Großenhain GmbH
Industriestr. A 11
D 01612 Glaubitz
Share: 5.112,92 EUR
Legal form: Private limited company
Share capital: 51.129,19 EUR
Reg. data: 17.09.1996
Local court 01099 Dresden
HRB 13559

 

Shareholder

EPS Ethylen-Pipeline-Süd Geschäftsführungs GmbH
Prinzregentenstr. 18
D 80538 München
Share: 2.050,00 EUR
Legal form: Private limited company
Share capital: 25.000,00 EUR
Reg. data: 15.12.2006
Local court 80797 München
HRB 165405

 

Shareholder

Siltronic AG
Hanns-Seidel-Platz 4
D 81737 München
Share: 100,000 %
Legal form: Public limited company
Share capital: 100.000.000,00 EUR
Reg. data: 22.01.2004
Local court 80797 München
HRB 150884

 

 

Real estate

 

Real Estate

Type of ownership:            proprietor

Share:                              100.0 %

Address:                          Hanns-Seidel-Platz 4
81737 München

 

Private real estate

 

Name:                               Rudolf Staudigl

Type of ownership:              Tenant

Address:                            Hanns-Seidel-Platz 4

81737 München

Land register documents were not available.

 

 

Bankers

 

Sort. code          Bank name/place

70020270           UNICREDIT BANK - HYPOVEREINSBANK, MÜNCHEN

70000000           BUNDESBANK, MÜNCHEN

70010080           POSTBANK (GIRO), MÜNCHEN

 

 

Financial figures

 

Financial year:  01.01.   -           31.12.

 

 

Turnover                                                     2008                                  2.497.500.000,00 EUR

Turnover                                                     2009                                  2.722.400.000,00 EUR

Profit                                                       2008                                    -1.340.000,00 EUR

Profit                                                       2009                                    205.800.000,00 EUR

Employees                                                                                         571

 

The aforementioned business figures may partly be estimated information based on average values in the line of business.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.77

UK Pound

1

Rs.71.69

Euro

1

Rs.63.02

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.