Wacker Increases Global Production Capacity for Silicone Rubber
To meet growing demand for silicone rubber, Wacker Chemie AG is accelerating the expansion of its production capacities. The company reports that investment projects to this end are either in the planning stage or are nearing completion. Significant capacity expansions for liquid silicone rubber (LSR) will be available in the second half of this year and will come into full effect in 2023.
Increasing production volumes for high-consistency rubber (HCR) are also scheduled. With expansion measures at several other sites, Wacker will gradually increase its capacities for HCR and LSR grades significantly in the next few years. Over €100 million (approximately $106.8 million) has been earmarked for this capacity boost.