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Wacker Will Invest More in China

Release Time: 2023-03-31 09:20:31

Wacker Will Invest More in China

 

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Cited from: https://pixabay.com/zh/photos/xiamen-city-building-china-sky-3515964/

 

"Investing in China will be a very important part of Wacker's development plan." In a recent interview, Angela Wrl, a board member of Wacker Group, said that China is a very important and huge market for Wacker, and will continue to strengthen investment in the Chinese market in the future.

"At present, Wacker's investment projects in China include polymer reactor and dryer projects invested in Nanjing; in Zhangjiagang, it will expand the production capacity of Zhangjiagang organosilicon lotion and silicone oil. In addition, it will further deepen the cooperation and investment projects with Shandong Silicon Technology." Angela Waller introduced, "She said that at present, the company's investment in China is based on existing production bases to expand production capacity. The other type of investment is through equity acquisition, such as the joint venture project of Wacker in Shandong. Last year, Wacker acquired 60% of the shares of Shandong Silicon New Materials Co., Ltd. We hope to further invest in China and expand our product portfolio as much as possible."


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