WACKER Expands Production for Silicone Sealants
OREANDA-NEWS. WACKER Expands Production Capacity for Silicone Sealants and Specialty Silicones
The new production site is located in Jincheon, roughly 100 km southeast of Seoul. “The Asian market for sealants and encapsulants is growing at an incredible rate,” noted WACKER Executive Board member Auguste Willems. “In order to meet increasing demand over the long term, we have decided to significantly increase our production capacity in Jincheon. In this way, we intend to secure and continue expanding our position as a leading silicone manufacturer in the region and profit from Asia’s strong growth.”
WACKER operations in Jincheon began in 2010 with the production of silicone sealants for construction applications and a variety of specialty silicone products for the electronics industry. Due to space constraints, however, capacity expansions at the existing site are not possible. For this reason, WACKER will dismantle the production facilities there late next year and transfer them to the new site in Jincheon. “Our objectives in building the new site are twofold: first, the site will create additional production capacity, which we will utilize for expanding our regional silicone sealant business”, Willems emphasized. “At the same time, we also intend to continue growing our business regarding specialty silicones.”
For several years now, WACKER has been developing specialty silicone gels, encapsulants and thermally conductive silicone adhesives for the electronics and lighting industries. During this time, South Korea has emerged as a stronghold for automotive and consumer electronics. That makes Jincheon the perfect location for these kinds of specialty silicones, Willems added.