Wacker köper fabrik för silikonproduktion i Sydkorea
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Munich / Jincheon, October 14, 2010 – Wacker Chemicals Korea Inc. (a Wacker Chemie AG subsidiary) is acquiring the Lucky Silicone brand from Henkel Technologies (Korea) Ltd.. The two companies announced a purchase agreement to this effect today. The transaction still requires antitrust approval. Page 2 of 3
WACKER has been supplying chemical products to South Korea since the mid-1980s and, in 1996, set up a local subsidiary – Wacker Chemicals Korea Ltd. Since early 2008, WACKER has been producing vinyl acetate-ethylene dispersions in Ulsan in the south-east of the country. Additionally, WACKER maintains a local technical center to provide research and applications support to its South Korean customers and partners.
WACKER SILICONES WACKER SILICONES is one of the largest silicone manufacturers worldwide with over 3,000 highly specialized and innovative products. The division’s portfolio ranges from silicone fluids, emulsions, resins, elastomers and sealants to silanes and pyrogenic silica. These stand out due to their significant value-adding potential – enhancing both the benefits and performance of customers’ end products. WACKER SILICONES’ products find application in such sectors as construction, chemicals, cosmetics, textiles, automotive, paper and electronics. In 2009, WACKER SILICONES generated some 33% of Group sales.
As part of the acquisition, WACKER takes over not only the rights to this South Korean brand, but also the production plant in Jincheon (some 100 km south-east of Seoul), including the associated real estate. Additionally, WACKER will assume all the inventories and receivables related to this business. The Munich-based chemical company intends to keep on the site’s existing workforce of some 40 employees. The transaction’s closing is expected before year-end 2010. The Lucky Silicone brand mainly comprises silicone sealants, manufactured and marketed for use in construction and other industries. Last year, Henkel Technologies Korea generated sales of roughly EUR 20 million with Lucky Silicone products.
"This acquisition strengthens both our market presence and supply chain in South Korea," said Carlos Weise, president of WACKER SILICONES. "The brand is well established in South Korea and Lucky Silicone sealants are sold across the whole country by numerous distributors. As a result, we will be able to substantially expand our access to customers in South Korea."
Ytterligare information ges av:
Wacker Chemie AG, Media Relations & Information
Christof Bachmair
Tel 49 89 6279-1830, Fax 49 89 6279-1239
Företaget i överblick: WACKER är en globalt verksam kemikoncern med cirka 15 600 anställda och en årsomsättning på cirka 3,7 miljarder € (2009). WACKER har 26 produktionsanläggningar och mer än 100 försäljningskontor över hela världen.
WACKER SILICONES Silikonoljor, silikonemulsioner, silikongummi och silikonhartser, silaner, pyrogena kiselsyror, termoplastiska silikonelastomerer
WACKER POLYMERS Polyvinylacetat- och vinylacetat-kopolymerer i form av dispersionspulver, dispersioner och fasthartser som bindemedel för byggkemiska produkter, färger, lim, lacker, putser och fiberdukar
WACKER BIOSOLUTIONS Bioteknologiska produkter såsom cyklodextriner, cysteiner och biologiska produkter liksom fiinkemikalier och PVAc fasta hartser
WACKER POLYSILICON Polysilicium för halvledar- och fotovoltaikindustrin
Siltronic Wafers av högrent silicium och enkristaller för halvledarkomponenter.
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