Wacker Silicones gets new name

ADRIAN, Mich. (March 7)—Wacker Silicones Corp. has been renamed Wacker Chemical Corp., as part of the company's internal reorganization process. Business reporting and operational efficiencies prompted the corporate name change, the firm said, and the new name became effective Jan 1. There will be no changes to management and reporting structure or to the firm's method of doing business, said President Matthias Wolfgruber. "We want to be clear that we are the same company. While Wacker Chemical Corp. is our new corporate name, we will continue to use Wacker Silicones as our divisional name," he said.