WACKER expanding production plants in South Korea
13 October 2017
Wacker Chemie AG is expanding its existing production plants for polymer binders in South Korea. The Munich-based chemical company plans to build a new spray dryer for dispersible polymer powders at its Ulsan site. The dryer will have a total capacity of 80,000 MT per year. WACKER also plans to build a further reactor for dispersions based on vinyl acetate-ethylene copolymer (VAE). Its dispersions will be used in the spray dryer for the production of dispersible polymer powders. Thanks to the new reactor, Ulsan’s VAE dispersion capacity will more than double. Ulsan’s plant complex, which covers the entire product chain from VAE dispersions to dispersible polymer powders, will be one of the largest of its kind worldwide. Capital expenditures of around EUR 60M are budgeted for the capacity increase and for expanding local infrastructure. Scheduled to start before the end of the year, construction work is expected to be finished by Q1 2019.