WACKER OPENS TWO SILICONE DOWNSTREAM FACILITIES IN CHINA
Zhangjiagang (China) (euro adhoc) -
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February 8, 2007 - Today, WACKER celebrated the Grand Opening of its new silicone downstream facilities at Jiangsu Yangtze River Chemical Industrial Park in Zhangjiagang City, Jiangsu Province. The facilities consist of two production plants for silicone elastomers and for sealants respectively. Both production units are operated by Wacker Chemicals (ZJG) Co., Ltd., and will help to reinforce WACKERs leading position in the rapidly growing Chinese silicones market.
Dr. Christoph von Plotho, President of WACKER SILICONES, and Huang Qin, Party Secretary of Zhangjiagang City, opened the facilities by releasing the first batch of a new silicone product. Around 200 guests including ZJG government officials, business partners and WACKER representatives witnessed the memorable moment.
"The Grand Opening of Wacker Chemicals (ZJG) Co., Ltd. new facilities is an important milestone for us and is in line with WACKERs long-term development strategy in China", Christoph von Plotho said. He added that expanding production capacities in China will also improve WACKER SILICONES global business network. "Along with our Shanghai Technical Center, the new facilities will help us to respond quickly to local market needs, to improve customer services in the region and to provide silicone products that meet international quality standards."
WACKER SILICONES is a leading global supplier of silicone elastomers for challenging technical applications in the automotive, electronics and household industries. WACKER SILICONES is also a major supplier of high-quality silicone sealants, used mainly in the construction industry.
WACKER SILICONES WACKER SILICONES is a leading supplier of complete silicone-based solutions that comprise products, services and conceptual approaches. As a provider of solutions, WACKER SILICONES helps customers press ahead with innovations, exploit global markets fully, and optimize business processes to reduce overall costs and boost productivity. Silicones from WACKER SILICONES are the basis of materials with highly diverse product properties for virtually unlimited applications, ranging from the automotive, construction, chemical, electrical engineering and electronics industries, through pulp and paper, cosmetics, consumer care, textiles, to mechanical engineering and metal processing.
WACKER SILICONES operates 11 production sites and 28 subsidiaries and sales offices around the world. In 2005, it generated sales of EUR1.12 billion and had some 3,600 employees. In Shanghai, WACKER SILICONES has been producing silicone emulsions and foam control agents used in the textile, cosmetics and construction industries for the Greater China region since 2004.
end of announcement euro adhoc 08.02.2007 08:00:48
Further inquiry note:
Branche: Chemicals
ISIN: DE000WCH8881
WKN: WCH888
Index: CDAX, MDAX
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