The website of Personal Care Global

Wacker plans $200m expansion of Tennessee chemicals plant

Wacker Chemie is preparing to build a new silicone production complex at its Charleston facility in the US state of Tennessee.

The German company has started a feasibility study as part of an expansion project at the site estimated to cost more than $200m and create more than 200 new jobs.

“The planned expansion measures in Charleston are a further step toward making it a fully integrated site with closed production loops, and an important prerequisite for accelerating our growth as planned,” said Wacker CEO Christian Hartel.

“Wacker is the world's second-largest silicone producer, and this business is of strategic importance to us. Demand for high-performance specialty silicones is showing particularly strong growth,” he added.

The Munich-based chemical group is aiming for sales of over €10 billion by 2030, with an EBITDA margin of over 20%.

“In the US, demand for silicones has shown above-average growth in recent years,” said David Wilhoit, president & CEO of US subsidiary Wacker Chemical Corporation.

"With this comprehensive investment offensive, we are further expanding our position in the world's second largest chemical market,” he added.

See more about Wacker-Chemie AG

Upcoming Events

SCSS Suppliers Day - SINGAPORE

SINGAPORE MARRIOTT TANG PLAZA HOTEL
Thursday 25th & Friday 26th August 2022

32nd IFSCC Congress

Park Plaza Hotel, Westminster
19-22 September 2022

in-cosmetics Latin America 2022

Expo Center Norte, Sao Paulo
21 - 22 September

Cosmetorium 2022

Palau de Congressos de Barcelona
28 - 29 September

SEPAWA 2022

Estrel Congress Center, Berlin
26 - 28 October

in-cosmetics Asia 2022

BITEC Bangkok, Thailand
1 - 3 November 2022

Access the latest issue of Personal Care Global on your mobile device together with an archive of back issues.

Download the FREE Personal Care Global app from your device's App store

Upcoming Events

SCSS Suppliers Day - SINGAPORE

SINGAPORE MARRIOTT TANG PLAZA HOTEL
Thursday 25th & Friday 26th August 2022

32nd IFSCC Congress

Park Plaza Hotel, Westminster
19-22 September 2022

in-cosmetics Latin America 2022

Expo Center Norte, Sao Paulo
21 - 22 September

Cosmetorium 2022

Palau de Congressos de Barcelona
28 - 29 September

SEPAWA 2022

Estrel Congress Center, Berlin
26 - 28 October

in-cosmetics Asia 2022

BITEC Bangkok, Thailand
1 - 3 November 2022

Access the latest issue of Personal Care Global on your mobile device together with an archive of back issues.

Download the FREE Personal Care Global app from your device's App store

Step Communications Ltd, Step House, North Farm Road, Tunbridge Wells, Kent TN2 3DR
Tel: 01892 779999 Fax: 01892 616177
www.step-communications.com
© 2022 Step Communications Ltd. Registered in England. Registration Number 3893025