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"This investment will further strengthen our position as the world's leading producer of vinyl acetate-vinyl emulsions and re-dispersable latex powders," said Statoshi, President and CEO of WVAC, which has invested approximately US$100 million in the Nanjing integrated production site.
/Nanjing, October 13, 2020 -- WACKER Chemical Co., Ltd. has further expanded its polymer business in China and invested approximately US$100 million to build two new production facilities at its Nanjing production site.
-based WACKER Group announced today that it will build a new ethylene acetate-ethylene (VAE) co-polyproumulsion reactor and a VAE re-dispersable latex powder spray drying equipment on top of the existing facilities at its Nanjing site.
construction of the new equipment can begin once it has been finally approved by the local government.
reactors and spray drying equipment are scheduled to be operational in the second half of 2022 and will be the largest production facility of its kind in the world.
expansion will more than double the capacity of WACKER's Nanjing production site, better meeting the growing demand for high-quality binders in China's booming construction industry.
is the world's largest market for construction applications, accounting for 20 per cent of global investment in construction.
In addition to our capacity at the Nanjing site, we will further strengthen our position as the world's leading producer of vinyl acetate-vinyl emulsions and re-dispersable latex powders," said Statoshi Statoshi, President and CEO of WACKER Chemical Co., Ltd., explaining the background to the investment.
"We produce binders that not only improve the performance of building materials, but also improve building efficiency and conserve resources," added Wacker China President Lin Bo.
"China's continued urbanization process and the need for existing residential renovations continue to drive the development of environmentally friendly dry mixed building materials in China.
capacity will ensure that we are well placed to meet the growing market demand in the region in the future.
" WACKER's emulsions and re-dispersable latex powders can be used in construction, coatings and adhesives, such as for the preparation of high-quality tile adhesives, energy-efficient exterior insulation systems and low odor, low volatile interior coatings, in addition to carpets, textiles and paper coatings.
wacker produces VAE emulsions and re-dispersable latex powders, as well as polyvinyl acetate solid resins, at its integrated integrated production site at Jiangbei New Materials Science and Technology Park in Nanjing.
vinyl acetate solid resins sold under the VINNAPAS ®Vinnapas® brand can be used as binders or additives for adhesives and soundproofing pads, or as low profile additives.
the concentration of polymer production in China at the same production site can bring synergies to WACKER: economies of scale can be achieved through infrastructure sharing and centralized energy supply.
addition, this also helps to improve transport and logistics efficiency.
WACKER Polymers Business Unit Profile WACKER Polymers is a leading manufacturer of high-quality binders and polymer additives based on polyester and vinyl acetate copolymers, including re-dispersable latex powders, emulsions, solid resins and solutions.
these products can be used in both architectural chemicals, coatings, adhesives, lacquer and nonwovens, as well as fiber-reinforced composites and polymers based on renewable raw materials.
has production sites in Germany, China, Korea and the United States, as well as sales offices and technology centers in key regions of the world.
WACKER Nanjing production base: WACKER produces VINNAPAS®Venesy® brand lotions and re-dispersable latex powders at this comprehensive production site, both of which can be used as binders for the construction industry, coatings and adhesives (Photo: WACKER Chemical Co., Ltd.)