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Wacker Chemie AG

WACKER OPENS TWO SILICONE DOWNSTREAM FACILITIES IN CHINA

Zhangjiagang (China) (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
February 8, 2007 - Today, WACKER
celebrated the Grand Opening of its new silicone downstream
facilities at Jiangsu Yangtze River Chemical Industrial Park in
Zhangjiagang City, Jiangsu Province. The facilities consist of two
production plants for silicone elastomers and for sealants
respectively. Both production units are operated by Wacker Chemicals
(ZJG) Co., Ltd., and will help to reinforce WACKER’s leading position
in the rapidly growing Chinese silicones market.
Dr. Christoph von Plotho, President of WACKER SILICONES, and Huang
Qin, Party Secretary of Zhangjiagang City, opened the facilities by
releasing the first batch of a new silicone product. Around 200
guests including ZJG government officials, business partners and
WACKER representatives witnessed the memorable moment.
"The Grand Opening of Wacker Chemicals (ZJG) Co., Ltd. new facilities
is an important milestone for us and is in line with WACKER’s
long-term development strategy in China", Christoph von Plotho said.
He added that expanding production capacities in China will also
improve WACKER SILICONES’ global business network. "Along with our
Shanghai Technical Center, the new facilities will help us to respond
quickly to local market needs, to improve customer services in the
region and to provide silicone products that meet international
quality standards."
WACKER SILICONES is a leading global supplier of silicone elastomers
for challenging technical applications in the automotive, electronics
and household industries. WACKER SILICONES is also a major supplier
of high-quality silicone sealants, used mainly in the construction
industry.
WACKER SILICONES WACKER SILICONES is a leading supplier of complete
silicone-based solutions that comprise products, services and
conceptual approaches. As a provider of solutions, WACKER SILICONES
helps customers press ahead with innovations, exploit global markets
fully, and optimize business processes to reduce overall costs and
boost productivity. Silicones from WACKER SILICONES are the basis of
materials with highly diverse product properties for virtually
unlimited applications, ranging from the automotive, construction,
chemical, electrical engineering and electronics industries, through
pulp and paper, cosmetics, consumer care, textiles, to mechanical
engineering and metal processing.
WACKER SILICONES operates 11 production sites and 28 subsidiaries and
sales offices around the world. In 2005, it generated sales of
EUR1.12 billion and had some 3,600 employees. In Shanghai, WACKER
SILICONES has been producing silicone emulsions and foam control
agents used in the textile, cosmetics and construction industries for
the Greater China region since 2004.
end of announcement                               euro adhoc 08.02.2007 08:00:48

Further inquiry note:

Branche: Chemicals
ISIN: DE000WCH8881
WKN: WCH888
Index: CDAX, MDAX
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade

Original-Content von: Wacker Chemie AG, übermittelt durch news aktuell

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