DGAP-News

Wacker Chemie AG: WACKER expands production capacity for dispersions at its Burghausen site

DGAP-News: Wacker Chemie AG / Key word(s): Expansion Wacker Chemie AG: WACKER expands production capacity for dispersions at its Burghausen site 23.02.2017 / 10:00 The issuer is solely responsible for the content of this announcement. ANNUAL CAPACITY TO INCREASE BY 60,000 METRIC TONS AROUND EUR25 MILLION TO BE INVESTED  NEW DISPERSION REACTOR SCHEDULED FOR COMPLETION THIS YEAR CEO RUDOLF STAUDIGL: "THE ADDITIONAL CAPACITY WILL STRENGTHEN OUR MARKET POSITION AS ONE OF THE WORLD'S LEADING MANUFACTURERS OF DISPERSIONS AND DISPERSIBLE POLYMER POWDERS" Munich and Burghausen, February 23, 2017 - Wacker Chemie AG is expanding its existing production plants for polymeric binders in Germany. The Munich-based chemical group is currently building another dispersion reactor with an annual capacity of 60,000 metric tons at its Burghausen site. Some EUR25 million have been earmarked for the production and local-infrastructure expansion. The plant is scheduled for completion before the end of the year. WACKER's dispersions are commonly used to formulate low-odor and low-emission indoor paints, but can also be found in plasters, adhesives, carpet applications or technical textiles. Moreover, they are the key raw material for the production of dispersible polymer powders for construction applications. WACKER manufactures these powders by spray drying at its Burghausen site. "The enlargement of our dispersion production in Burghausen is part of our strategy to achieve further profitable growth through expansions at existing production plants," said Rudolf Staudigl, president & CEO of Wacker Chemie AG, explaining the investment measure. "The additional capacity will strengthen our market position as one of the world's leading manufacturers of dispersions and dispersible polymer powders, and will help us meet our customers' continuously increasing demand over the long term," emphasized the Group CEO.