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Wacker Chemie Opens New $18M Silicone Elastomers Plant
April 29, 2018
1 Min Read
Filling up cartridges with silicone sealants at Wacker’s new site in Jincheon, South Korea. Image courtesy of Wacker Chemie AG
German chemical group Wacker Chemie AG officially opened a new 13,000 sq m production plant for silicone elastomers and silicone sealants in South Korea to meet rising demand from the region’s construction and electronics industires, the firm announced in an Apr. 24 press release.
Located in Jincheon, the new facility replaces an older plant and features upgraded, automated production technology and a cleanroom space for the manufacturing and packaging of hyperpure silicones.
“Due to strong growth in demand for our silicones, production was increasingly being stretched to its limits,” August Willems, a member of Wacker’s executive board, said in a statement. “Our new plant in Jincheon is four times as big as the old one and provides enough space for future capacity expansions.”
Wacker generates about 40% of its sales in Asia and the plant is expected to play a large role in the firm’s projected growth in the region, according to Wacker’s release. The German firm has produced silicone sealants in Jincheon since 2010 and specialty silicones there since 2012.
“Our new production site enables us to strengthen and expand our position in the region over the long term,” said Executive Board member Christian Hartel in the release.
The company invested €15 million, or about $18.1 million, in the plant.
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