South Korea: Polymer Powders Wacker Expands Production Plant in South Korea
Wacker Chemie is expanding its existing production plants for dispersions and dispersible polymer powders in South Korea. The Group is building a new spray dryer for dispersible polymer powders at its Ulsan site, which will have a total capacity of 80,000 metric tons per year.
Munich/Germany — The Munich-based chemicals company is also constructing an additional reactor for dispersions based on vinyl acetate-ethylene copolymer (VAE), which are needed as the raw material for the spray dryer to produce dispersible polymer powders.
Ulsan’s plant complex, which covers the entire production chain from VAE dispersions to dispersible polymer powders, will be one of the largest of its kind in the world. Investments will total around € 60 million (approx. $ 70 million)and production is scheduled to start in the first quarter of 2019.
With the expansion, the manufacturer is intending to meet the increasing demand for its binders, which are particularly needed in the constantly growing construction industry in South Korea and Southeast Asia.
Dispersions and dispersible polymer powders are needed in sectors such as construction, paints, coatings and adhesives, for example for formulating high-quality tile adhesives, cementitious waterproofing membranes, energy-saving external thermal insulation composite systems, and low-odor, low-emission interior paints. They are also used in carpet applications, technical textiles and the coating of paper.