Dispersions Wacker Builds New Dispersions Plant in South Korea
Wacker expands its production capacity for vinyl acetate-ethylene copolymer (VAE) dispersions with a new 40,000 tons/year production at Ulsan/South Korea. This measure will almost double Ulsan’s VAE dispersion capacity, making the enlarged production complex one of the biggest of its kind in the country, company speakers stated.
Seoul/South Korea – Expected to start up in January 2013, the € 10 million plant project will enable the company to the meet projected accelerating demand for high-quality VAE dispersions, especially in South East Asia’s developing countries.
“Our new production facility for VAE dispersions at Ulsan represents a key step in our global growth strategy,” explained Auguste Willems, Executive Board member of Wacker Chemie. In the coming years, he stressed, demand would continue growing for top-quality VAE dispersions, especially for those used in formulating more environmentally-friendly products featuring low emissions.
Doubling the VAE Dispersions Capacity
“That was why we also began this spring expanding annual VAE capacity at our Chinese site in Nanjing, where we are adding 60,000 metric tons. Nanjing’s new capacity is expected to come on stream by mid-2013. Our expansion projects in South Korea and China will double our VAE capacity in the region, and thus help us consolidate our already strong position as a globally leading producer of VAE dispersions.”
Wacker already produces vinyl acetate-ethylene copolymer dispersions marketed under its Vinnapas brand at Ulsan for use as binders in the adhesives industry. Now, the group is constructing a second reactor line with an additional 40,000 metric tons of annual capacity for applications in the paints and coatings, construction, nonwoven, paper and carpet industries.
Asia Important Sales Region for Dispersions
Han-Hyung Cho, head of Wacker Chemicals Korea, stressed the importance of the new plant for Asian markets: “The additional capacity will enable us to continue supplying high-quality, locally manufactured products and solutions to our customers in the region. It will also mean we can meet their special requirements in a targeted manner.” Using the Ulsan site’s existing infrastructure, he added, would enable favorable manufacturing costs and lead to synergy effects in the areas of transportation and logistics. The expanded site in Ulsan will be one of the biggest of its kind in South Korea.