WACKER Expands Capacity for Polymer Products at Nanjing
Wacker Chemie AG has announced plans to expand its Chinese polymer activities by investing around $100 million in building two new production plants at its Nanjing site. The expansion reportedly includes adding a reactor for vinyl-acetate-ethylene copolymer (VAE) dispersions and a spray dryer for VAE dispersible polymer powders. The reactor and spray dryer are scheduled to come on stream in the second half of 2022, Wacker reported. The two plants, when completed, will be the largest of their kind in the world, according to the company.
WACKER’s Nanjing expansion will more than double its production capacity, enabling it to meet growing customer demand for its high-quality binders, particularly from China’s buoyant construction industry, the company said. “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 Chemie AG.
“Ongoing urbanization and the need to renovate existing residential buildings continue to drive the development of environmentally-friendly dry-mix building materials in China,” added Paul Lindblad, president of WACKER Greater China. “Nanjing’s expanded capacities will enable us to securely meet future market growth in the region.”