German chemical group WACKER has increased the selling prices for numerous silicone products by up to 25%. In certain cases, even higher adjustments are possible. The price increases became effective February 1, 2026. Existing customer contracts will be amended as required. WACKER reports that this primarily affects silicone customers in the automotive, pharmaceutical, medical technology, electrical engineering, energy transmission, and release coating sectors. The reason for the price adjustment is the sharp rise in commodity prices, particularly for platinum. WACKER uses the precious metal as a catalyst for the curing of crosslinking silicone release agents and for addition-curing silicone products.

On the international commodity exchanges, the price of platinum has more than doubled since the beginning of last year. “The current price trend can no longer be compensated for through efficiency and other savings measures,” said Tom Koini, head of Silicones. “We have reached a point at which we have to pass on the increased costs to the market.”

The price increase affects addition-curing silicone rubber grades, silicone resins, silanes, and silicone-based release coatings.

WACKER is one of the largest manufacturers of silicone products worldwide – with over 2,800 highly specialized products. The division’s portfolio ranges from silicone fluids, emulsions, resins, elastomers and sealants to silanes, silane-terminated polymers, and pyrogenic silica. Learn more at wacker.com.