Shinhwak further expands its polymer business in C

2022-08-01
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Wacker further expanded its polymer business in China Wacker further expanded its polymer business in China December 9, 2020 Wacker Chemical Co., Ltd. further expanded its polymer business in China and invested about US $100million to build a new vinyl acetate ethylene (VAE) copolymer lotion reactor and a VAE redispersible emulsion powder spray drying equipment on the basis of the existing equipment in Nanjing production base. The new reactor and spray drying equipment are planned to be put into operation in the second half of 2022. After completion, it will be the largest production facility of its kind in the world. The construction of new equipment has been approved by local government departments, and the company held a foundation laying ceremony on November 30. The expansion project will more than double the production capacity of Wacker Nanjing production base, which can better meet the growing demand for high-quality adhesives in China's booming construction industry

the picture shows the site of the foundation stone laying ceremony. (enterprise photo)

Shi Tuozhi, President and CEO of Wacker Chemical Co., Ltd., delivered a speech at the foundation laying ceremony via video link: "China is the world's largest construction application market, accounting for 20% of the total investment in the global construction field. Expanding the production capacity of Nanjing production base will further consolidate our position as the world's leading producer of vinyl acetate vinyl lotion and redispersible emulsion powder."

Lin Bo, President of Wacker China, said at the ceremony: "the adhesives produced by Wacker can not only improve the performance of building materials, but also improve building efficiency and save resources. China's continuous urbanization process and the demand for the renovation of existing residential buildings continue to promote the development of environmentally friendly dry mixed building materials in China. The new production capacity can ensure that we can also well meet the growing market demand in the region in the future."

Shi Mingde, President of the China Germany Friendship Association and former Chinese ambassador to Germany, delivered a speech at the ceremony: "the rapid development of China's economy has created a growing market and huge business opportunities for the German economy. Germany is the largest country for China's investment and technology introduction in Europe. When the resistance value of the friction contact zone is R < R1, Germany's high-end manufacturing industry and advanced technology provide a strong driving force for China's industrialization and economic transformation and upgrading."

chenchan Mei, member of the Party Working Committee and deputy director of the Management Committee of Nanjing Jiangbei new area, said at the ceremony: "Wacker chemical's production expansion project abides by the high standards of ecological and environmental protection, adopts the world's leading technology, and is committed to low emission and zero emission production, adding new weight to the green empowerment of the industry in the new area. We hope that Wacker chemical will take the production expansion project as a new starting point, continue to improve the green development level of enterprises, and contribute to the high-quality development of the new area."

Wacker produces VAE lotion, redispersible emulsion powder and polyvinyl acetate solid resin in the integrated comprehensive production base located in Nanjing Jiangbei new material science park. The polyvinyl acetate solid resin sold by Wacker under the VINNAPAS brand can be used as a binder or additive for adhesives and sound insulation pads, or as a low profile additive. Focusing polymer production in China on the same production base can bring synergy to Wacker - economies of scale can be achieved through infrastructure sharing and centralized energy supply. In addition, it helps to improve the efficiency of transportation and logistics

Wacker polymer is a leading manufacturer of high-quality binders and polymers based on polyvinyl acetate and vinyl acetate copolymers. It is calculated by the experimental machine system, which is not accurate enough. Its product categories include redispersible emulsion powder, lotion, solid resin and solution. These products can be used not only in building chemicals, coatings, adhesives, paints and non-woven fabrics, but also in fiber-reinforced composites and polymer materials based on renewable raw materials. Wacker polymers has production bases in Germany, China, South Korea and the United States, and has established sales representative offices and technical centers in many parts of the world

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