BRAND-NEW
WACKER Celebrated the 30th Anniversary of Its Subsidiary in China WACKER held a grand ceremony in Shanghai to celebrate the 30th anniversary of its Chinese subsidiary.
W
ACKER has recently announced that it has held a grand
Over the past 30 years, we invested nearly €1 billion in production,
ceremony in Shanghai to celebrate the 30 anniversary of its
in customer and technical service and in research in China,” stated
subsidiary in China together with customers, local authority
Christian Hartel, the president and Chief Executive Officer of WACKER.
th
representatives and long-standing business partners.
WACKER China has now over 1,700 employees and operates an
The company started building its presence in China by opening its first
extensive network composed by four production sites, three technical
offices in 1993. Seven years later, it opened its first regional technical
centres, eight sales offices and a training facility. In 2022, it generated
application centre equipped with multiple application and research
around €2.45 billion, which corresponds to approximately 30% of
laboratories for developing tailor-made products in in Shanghai, in order
WACKER's worldwide sales.
to meet regional needs and serve multiple sectors such as construction,
Alvin Hu, President of WACKER China, briefly reviewed the company’s
coatings, adhesives, electronics, automotive and personal care. The
30 year journey in China. “Our track record is impressive: equipped
facility also operates nowadays different global competence centres
with a comprehensive network of integrated production sites, four joint
for consumer care, cement and concrete, e-mobility and thermal
ventures, research and development and technical service centres
interface materials. In addition, in May 2023 the Group ramped up new
as well as several sales offices we are well positioned strategically,
production facilities for dispersions and dispersible polymer powders
especially with a view to key growth topics like the burgeoning
in Nanjing, while in September it also announced the expansion of
electrification of vehicles in China. This will benefit our silicone business,
several new production lines for manufacturing functional silicone fluids,
as our high performance silicones are essential for the development
silicone emulsions and silicone elastomer gels at the Zhangjiagang site.
and production of electric vehicles,” Alvin Hu, the president of WACKER
“China is the largest chemical market in the world and an important
China, emphasized.
growth driver for the global economy. The country offers a wide range of development opportunities which we intend to leverage continuously.
For further information: www.wacker.com
© WACKER
international PAINT&COATING magazine - NOVEMBER/DECEMBER 2023 - N. 84
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