South Korea: Polymer Binders Wacker Builds New Dispersions and Polymer Powder Plant in South Korea
Wacker Chemie is expanding its existing production plants for polymer binders in South Korea. The Munich-based chemical company plans to build a new spray dryer for dispersible polymer powders at its Ulsan site.
Munich/Germany — The Ulsan plant already manufactures VAE dispersions as binders for sectors such as construction, coatings and adhesives. Now the company expands the plant with a new spray dryer for dispersible polymer powders.
The dryer will have a total capacity of 80,000 metric tons per year. The manufacturer also plans to build a further reactor for dispersions based on vinyl acetate-ethylene copolymer (VAE). Its dispersions will be used in the spray dryer for the production of dispersible polymer powders.
With the new reactor, Ulsan’s VAE dispersion capacity will more than double. The company claims that Ulsan’s plant complex, which covers the entire product chain from VAE dispersions to dispersible polymer powders, will become one of the largest of its kind worldwide. Capital expenditures of around € 60 million ($ 70,83 milion) are budgeted for the capacity increase and for expanding local infrastructure. Scheduled to start before the end of the year, construction work is expected to be finished by Q1 2019.