Wacker expands vinyl acetate-ethylene copolymer (VAE) dispersions in South Korea

23-Oct-12
Wacker Chemie AG is expanding its production capacity in South Korea for vinyl acetate-ethylene copolymer (VAE) dispersions. The Munich-based chemical group is constructing a new plant with an annual capacity of 40,000 metric tons at its site in Ulsan. This will almost double Ulsan’s VAE dispersion capacity, making the enlarged production complex one of the biggest of its kind in South Korea. Expected to start up in January 2013, the new plant will meet accelerating demand for high-quality VAE dispersions, especially in South East Asia’s developing countries. Having budgeted around €10 million for the expansion project, Wacker is strengthening its position as one of the world’s major suppliers of VAE dispersions. Wacker already produces VAE dispersions of the Vinnapas brand in South Korea for the adhesives industry. Now, the group is constructing a second reactor line with an additional 40,000 metric tons of annual capacity for applications in the paints and coatings, construction, nonwoven, paper and carpet industries. Wacker considers the expansion to be essential for reliably and enduringly meeting the market growth that industry experts anticipate in the region.
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