Wacker Expands Capacity for Polymer Products in China
13th October 2020
Wacker plans to expand its Chinese polymer activities by investing around $100 million in building two new production plants at its Chinese site in Nanjing. The Munich, Germany-based chemical group will be adding a reactor for vinyl-acetate-ethylene copolymer (VAE) dispersions and a spray dryer for VAE dispersible polymer powders.
The new plants’ construction is set to start as soon as the local authorities have issued the final permits. The reactor and spray dryer are scheduled to come on stream in the second half of 2022. The two plants, when completed, will be the largest of their kind in the world, said Wacker.
According to Wacker, its Nanjing expansion will more than double its production capacity there, enabling it to meet growing customer demand for its high-quality binders, particularly from China’s buoyant construction industry. “China is the largest building market in the world, accounting for 20 percent of all construction investment. Our capacity expansion in Nanjing strengthens our position as the global leader for vinyl acetate-ethylene dispersions and polymer powders,” said Rudolf Staudigl, CEO of Wacker.
“Our binders not only enhance the properties of building materials, but also make construction activities more resource-efficient,” added Paul Lindblad, President of Wacker Greater China. “Ongoing urbanization and the need to renovate existing residential buildings continue to drive the development of environmentally-friendly dry-mix building materials in China. Nanjing’s expanded capacities will enable us to securely meet future market growth in the region.”
Dispersions and dispersible polymer powders from Wacker are used in sectors like construction, paints, coatings and adhesives. They also find application in paper coating and in carpets and textiles.
At its fully integrated production site in the Nanjing Jiangbei New Material High-Tech Park, Wacker manufactures VAE dispersions, dispersible polymer powders and polyvinyl acetate solid resins.
For more information visit www.chemanager-online.com/en