MOSCOW (MRC) -- Wacker Chemie AG inaugurated its new production plant for food-grade polyvinyl acetate (PVAc) solid resins at its Nanjing site (Jiangsu province) in China, said Chemeurope.
PVAc solid resins find use in the manufacture of gumbase for chewing gum. With this investment, WACKER intends to secure sufficient long-term capacity to meet the strong demand for PVAc solid resins and thus continue to offer its Asia-Pacific customers high supply security and product quality. The Group invested around €20 million in the expansion project.
"The new solid-resins plant in Nanjing is an important milestone for our continued growth in the region," explained Auguste Willems, Wacker Chemie AG Executive Board member, at the opening ceremony. "Asia has become one of the biggest markets for chewing gum. Thanks to the new plant, we can keep pace with our customers’ strong demand for high-quality polyvinyl acetate solid resins in the region in the future – and are thus strengthening our position as the world’s leading manufacturer of solid resins for gumbase."
The company spent around EUR20m for the expansion project at the Nanjing complex. While strengthening its position as manufacturer of PVAc solid resins, the project allows the company to serve the demand for the product with sufficient long-term capacity.
The Nanjing complex already serves the construction, coating, adhesive and other industries by providing vinyl acetate-ethylene copolymer dispersions and dispersible polymer powders.
MRC