source:silicone plate manufacturers release time:2022-07-09
Yesterday, WACKER officially opened a new production site for silicone elastomers with an investment of approximately 15 million euros. The new production site is located in Jincheon, South Korea, where WACKER has been producing silicone sealants since 2010 and for the electronics industry since 2012. Special silicone rubber products. The area of the new production base is four times that of the original, which can provide enough space for further expansion of production capacity in the future. The opening of the new production site is a milestone in WACKER's history!
The core of the new production base is a 13,000-square-meter production plant, which can be used to produce both silicone sealants for construction and silicone rubber products for electronic applications. In addition, the production site is equipped with a dedicated clean room for the production and packaging of high-purity silicones, a service that is becoming increasingly important especially for customers in the electronics industry.
Although the production base is in South Korea, a large number of products are exported to the Chinese market every year! With the opening of the new plant, WACKER's production capacity for silicone elastomers will increase significantly, as will the volume of products exported to the Chinese market!
Yesterday, WACKER held a press conference. In 2017, sales in Greater China reached 1.2 billion euros. The sales growth of silicone downstream products was particularly strong, with an increase of up to 20%! Paul Lindblad, President of WACKER Greater China, said that in the next few years, WACKER will strengthen the expansion of more downstream products. The recently expanded silicone R&D laboratory and the new food application technology laboratory will also be completed by the end of 2018. In addition, WACKER added a pilot plant in Zhangjiagang to accelerate the development of silicone innovations from laboratory research to mass production. The facilities will be used for pilot production of adhesives and sealants for construction and industrial applications, as well as silicone elastomers for the energy, electronics and general industries. The new pilot facility will be put into use gradually from the second half of 2018.
Recently, the price of the organic silicon industry chain has risen, and the performance of Hesheng Silicon Industry, Xin'an Co., Ltd., Sanyou Chemical and other companies has risen, and the gross profit margin of companies with complete industrial chains is higher. With the cost continuing to be high, companies have accelerated their expansion to high value-added downstream products.
Facing the increasingly popular domestic silicone market, foreign silicone companies such as Wacker, Dow and Shin-Etsu have also increased their investment in China, seized market share, and scrambled to deploy downstream. It can be said that the next few years will be another bloody battle for domestic silicone downstream enterprises, a life-and-death knockout match!
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