Wacker Chemicals celebrates 30 years in China, with approximately 30% of sales coming from China

On October 11, Wacker Chemical held a celebration in Shanghai to celebrate its 30 years in China. All members of WACKER’s board of directors, customers and long-term partners attended the celebration. last year,
About 30% of WACKER Group’s sales come from China. China has become WACKER’s largest and most important single market in the world.

In 1993, Wacker Chemical established a sales representative office in China and began to actively enter the Chinese market. Today, WACKER China has become the group’s most successful business region. In addition to eight sales offices, three technology centers, more than thirty R&D application laboratories and a WACKER training center,
WACKER also has four production sites and more than 1,700 employees in China.

Dr. Christian Heda, President and CEO of Wacker Chemie AG
Hartel emphasized the importance of the Chinese market to WACKER in his speech. In 2022, WACKER’s sales in China will reach 2.45 billion euros, accounting for approximately 30% of the group’s sales. Over the past three decades, WACKER has invested a total of about 1 billion euros in production, R&D and customer technical services in China. “China is the world’s largest chemicals market and an important engine of global economic growth. The Chinese market has huge development potential and will provide us with many development opportunities.
Dr. Heda pointed out that over the past three decades, China has become WACKER’s largest single market. “We are committed to continuing to invest in China and expand our production base and R&D centers to meet growing consumer demand.” ”

Dr. Heda, President and CEO of Wacker Group, delivered a speech at the celebration of Wacker’s 30th anniversary in China

WACKER continues to expand production capacity at its production sites in China. In May this year, WACKER Nanjing base successfully completed the expansion of its emulsion and rubber powder production capacity. In September, WACKER announced the expansion of production capacity for functional silicone oil, silicone emulsion and silicone elastomer gel production lines at its Zhangjiagang base. The expansion project plans to invest approximately 150 million euros. “This expansion project is the largest single investment we have made since the Zhangjiagang production base was officially put into operation.” Dr. Heda emphasized. also,
He also remains optimistic about China’s long-term development and market potential, “WACKER’s high-quality products will contribute to China’s economic development, and we are deeply honored for this.”

Mr. Hu Wentao, President of WACKER China, briefly reviewed WACKER’s development history in China at the celebration: “In the past thirty years, our development in China has achieved remarkable results. We have formed four sales, R&D, technical services, and integrated production bases. The joint venture has a relatively complete strategic layout. At the same time, we are constantly committed to localization and actively practice corporate social responsibility.”

Mr. Hu Wentao also emphasized WACKER’s commitment to long-term development in China: “China’s long-term positive economic development trend and its commitment to sustainable and high-quality development will bring more market opportunities to WACKER.” For example, the development of new energy vehicles will Drive further growth of silicone materials. “Our high-performance silicones are crucial to the development and production of electric vehicles. The electrification and intelligence of vehicles will actively promote the continued growth of China’s silicone business.”

WACKER China President Mr. Hu Wentao delivered a speech at the celebration of WACKER’s 30th anniversary in China

Currently, WACKER has three technical centers, four production bases and eight sales representative offices in China. At the Zhangjiagang integrated production base, WACKER produces fumed silica and various downstream silicone products to supply the Asian market. The Nanjing production base produces products such as emulsion redispersible latex powder and polyvinyl acetate solid resin, which are widely used in construction, adhesives, coatings and other industries. The Shunde production site produces silicone emulsions and silicone processing aids for textile, leather and fiber applications. In 2022, WACKER officially completed the acquisition of 60% of the shares of Shandong Silicone New Materials Co., Ltd. and began to operate the second largest silicone production base in China in Jining. The organic functional silanes it produces are high-efficiency adhesives, sealants, and construction materials. Important ingredient in chemicals, coatings and composite materials.

Zhangjiagang base is WACKER’s largest production base in China

In addition to building production capacity, WACKER has also continued to increase local R&D efforts and cultivate local talents in order to get closer to Chinese customers and better meet the needs of the Chinese market. In 2000, WACKER launched its first regional technology application center in Shanghai. In 2012, WACKER Shanghai Center, equipped with multiple application and R&D laboratories, was put into use. Its product categories cover construction, coatings, adhesives, electronics, automobile manufacturing, cosmetics and other fields, which can meet the customized needs of the local market. WACKER will also launch a new global technology center for thermal interface materials in Shanghai in 2020. As of now, WACKER has offices in Consumer Care, Cement & Concrete in Shanghai.Four major technical capability centers, including technology, electric vehicles, and thermal interface materials, serve the global market.