MOSCOW (MRC) -- Wacker Chemie AG has officially launched its new production plant for ethylene-vinyl-acetate copolymer (EVA) dispersions at its Ulsan site in South Korea, according to the company's press release.
The additional 40,000 tonnes from the second reactor line increases the site’s EVA-dispersion capacity to a total of 90,000 tonnes per year. As MRC reported previously, the production capacity of the site has, thus, almost doubled, making the plant complex one of the biggest of its kind in South Korea.
The expansion is WACKER’s response to the rising demand for high-quality EVA dispersions, especially in Southeast Asia’s emerging markets. The project goal is to ensure sufficient capacities of VINNAPAS EVA dispersions now
and in the years ahead.
As a result, WACKER will be able to offer its customers in the region consistently high product quality and supply security over the long term. Having invested around EUR10 million in the expansion project, WACKER is strengthening its position as one of the world’s major suppliers of EVA dispersions.
According to MRC DataScope, in 2012, import volumes of Wacker's Vinnapas to the Russian market decreased by 16% year-on-year and amounted to 874 tonnes.
Wacker Chemie AG is a worldwide operating company in the chemical business, founded 1914. The company is controlled by the Wacker-family holding more than 50 percent of the shares. The corporation is operating more than 25 production sites in Europe, Asia, and the Americas. The product range includes silicone rubbers, polymer products like ethylene vinyl acetate redispersible polymer powder, chemical materials, polysilicon and wafers for semiconductor industry.
MRC