MOSCOW (MRC) -- Wacker will invest approximately EUR 16 million in expanding the silicone elastomer production capacity at its new facilities in Jincheon, South Korea, as per GV.
The facilities will include plants for silicone sealants, speciality silicones and LSR for the construction, electronics and automotive industries. The building will also include its own cleanroom area. Operations in Jincheon began in 2010 with the production of silicone sealants for construction applications and a variety of speciality silicone products for the electronics industry.
Due to space constraints, however, capacity expansions at the existing site are not possible, says Wacker. For this reason, the company will dismantle the production facilities there at the end of 2017 and transfer them to the new location. The start of production is planned for the first quarter of 2018.
As MRC informed before, in 2013, Wacker Chemie AG officially launched its new production plant for ethylene-vinyl-acetate copolymer (EVA) dispersions at its Ulsan site in South Korea. 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. Thus, the production capacity of the site almost doubled, making the plant complex one of the biggest of its kind in South Korea.
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