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DGAP-News: Wacker Chemie AG: WACKER Expands Production Capacity for Dispersible Powders at Its Burghausen Site

June 2, 2014

DGAP-News: Wacker Chemie AG / Key word(s): Strategic Company Decision Wacker Chemie AG: WACKER Expands Production Capacity for Dispersible Powders at Its Burghausen Site 02.06.2014 / 10:16 --------------------------------------------------------------------- - ANNUAL CAPACITY TO INCREASE BY 50,000 METRIC TONS - INVESTMENT VOLUME OF AROUND EUR20 MILLION - NEW CAPACITY TO BECOME AVAILABLE IN EARLY 2015 - "THE CAPACITY EXPANSION STRENGTHENS OUR GLOBAL POSITION AS A LEADING MANUFACTURER OF DISPERSIBLE POLYMER POWDERS," SAYS ARNO VON DER ELTZ, PRESIDENT OF WACKER POLYMERS Munich and Burghausen, June 2, 2014 - Wacker Chemie AG is expanding its production capacity for dispersible polymer powders in Germany. The Munich-based chemical company is currently building a new spray dryer with an annual capacity of 50,000 metric tons at its Burghausen site, investing an amount of around EUR20 million. The facility is scheduled for completion in the first quarter of 2015 and will be one of the largest of its kind worldwide. WACKER aims to meet the globally rising demand for dispersible polymer powders, which is driven by worldwide trends such as urbanization, renovation and energy efficiency, as well as the increasing need for environmentally compatible dry-mix mortar products. With the planned production expansion, the Group is creating the necessary capacity to reliably meet the market growth predicted by industry experts in the long term. "Worldwide, demand for high-quality dispersible polymer powders is rising particularly in residential construction and infrastructure measures," explains Arno von der Eltz, president of WACKER POLYMERS. "We started to extend our dispersible polymer powder production at our Nanjing site at the end of last year and now want to push ahead with expanding our capacities in Burghausen, too - and thus strengthen our global position as a leading manufacturer of dispersible polymer powders." WACKER has been producing dispersible polymer powders as binders for dry-mix mortars in Burghausen, Germany, since 1957 and, today, is a global technology and market leader in this field. VINNAPAS(R) dispersible polymer powders find use in various construction applications such as tile adhesives, self-leveling flooring compounds, plasters, repair mortars, external thermal insulation composite systems and cementitious waterproofing membranes. They enhance important end-product properties, such as adhesion, cohesion, flexibility and flexural strength. Water retention, processing properties and weatherability benefit from VINNAPAS(R), too. About WACKER POLYMERS WACKER POLYMERS is a leading producer of state-of-the-art binders and polymeric additives based on polyvinyl acetate and vinyl acetate copolymers. These take the form of dispersible polymer powders, dispersions, solid resins, and solutions. They are used in construction chemicals, paints, surface coatings, adhesives and nonwovens, and in fiber composites and polymeric materials based on renewable resources. WACKER POLYMERS has production sites in Germany, China, South Korea and the USA, as well as a global sales network and technical centers in all major regions. This press release contains forward-looking statements based on assumptions and estimates of WACKER's Executive Board. Although we assume the expectations in these forward-looking statements are realistic, we cannot guarantee they will prove to be correct. The assumptions may harbor risks and uncertainties that may cause the actual figures to differ considerably from the forward-looking statements. Factors that may cause such discrepancies include, among other things, changes in the economic and business environment, variations in exchange and interest rates, the introduction of competing products, lack of acceptance for new products or services, and changes in corporate strategy. WACKER does not plan to update the forward-looking statements, nor does it assume the obligation to do so. For further information, please contact: Wacker Chemie AG Media Relations & Information Christof Bachmair Tel. +49 89 6279-1830 Fax +49 89 6279-1239 End of Corporate News --------------------------------------------------------------------- 02.06.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at and --------------------------------------------------------------------- Language: English Company: Wacker Chemie AG Hanns-Seidel-Platz 4 81737 MÜnchen Germany Phone: 0049-89-6279-1633 Fax: 0049-89-6279-2933 E-mail: Internet: ISIN: DE000WCH8881 WKN: WCH888 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÜsseldorf, Hamburg, Hannover, MÜnchen, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 271576 02.06.2014

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Source: DGAP Corporate News

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