This new investment is reportedly for the purpose of expanding its production capacity for these silicone products and additionally to set up a new production facility for its silicone emulsions.
October 19, 2017
Shin-Etsu Chemical Co. Ltd. recently announced that, as part of its continuously progressive expansion effort over the past four years, $21.3 million in facility and production investments are being dedicated to expanding its Akron, Ohio plant.
The region’s increasing growth potential reportedly prompted the expansion of the local facility.
August 18, 2017
WACKER recently announced it is strengthening its presence in the Middle East and Africa (MEA) by expanding the service portfolio of its technical center in Dubai.
The high-temperature sealants market is witnessing moderate growth suggested to be due to their extreme temperature resistant properties, the increasing production of automobiles, and increasing demand from emerging economies.
July 21, 2017
The high-temperature sealants market was valued at $2.71 billion in 2016 and is projected to reach $3.56 billion by 2022.