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Home > News > Corporate News

WACKER celebrates 30th anniversary of its subsidiary in China

Source:Adsale Plastics Network Date :2023-10-12 Editor :RC
Copyright: Original work. Please do not reprint.

WACKER held a grand ceremony in Shanghai on 11, Oct to celebrate the 30th anniversary of its subsidiary in China. The ceremony was attended by customers, authority representatives and long-standing business partners.


WACKER 30 anni CEO_480.jpg


Christian Hartel, president and CEO of WACKER, opened the ceremony.

 

WACKER started building its presence in China by opening its first offices in 1993. In 2000, the Group opened its first regional technical application center in Shanghai. In 2012, the WACKER Shanghai Center, equipped with multiple application and R&D labs, went into use.

 

In May 2023, the company ramped up new production facilities for dispersions and dispersible polymer powders in Nanjing. In September, the Group also announced the expansion of several new production lines at its Zhangjiagang site.


WACKER zhangjiagang_480.jpg


The Zhangjiagang site is WACKER’s largest production site in China.

 

Over the past 30 years, the company invested nearly EUR 1 billion in China. In 2022, WACKER generated around EUR 2.45 billion in China, corresponding to approximately 30% of Group sales.

 

Currently, WACKER’s production network in China includes a total of four sites, including Zhangjiagang production site, Nanjing site, Shunde site and a plant in Jining.

 

“China is the world’s largest chemical market and an important growth driver for the global economy. The country offers a wide range of development opportunities which we at WACKER intend to leverage continuously,” Christian Hartel, president and CEO, emphasized the importance of China market.


WACKER 30 anni alvinhu_480.jpg


Alvin Hu, President of WACKER China, reviewed the company’s 30-year journey in China.

 

Alvin Hu, President of WACKER China, briefly reviewed the company’s 30-year journey in China. “Our track record is impressive: equipped with a comprehensive network of integrated production sites, four joint ventures, R&D and technical service centers as well as several sales offices we are well positioned strategically, especially with a view to key growth topics.”


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