MUNICH, Germany—Wacker Chemie A.G. soon will begin construction of a new production line for silane-terminated polymers in Nuenchritz, Germany.
These hybrid polymers are used as binders in adhesives and sealants, liquid waterproofing systems and environmentally friendly flooring adhesives, the company said.
The project is slated to get under way this wear, with production from the new line slated to come online in 2022. Munich-based Wacker characterized the investment in the project "in the mid double-digit million range."
Wacker has been in the silane-terminated polymers business for more than 15 years at its Burghausen, Germany, facility. The hybrid-polymer segment has experienced what the company calls "robust growth" and Wacker is the second-largest maker of silane-terminated binders for adhesives and sealants.
"Given the obvious rise in demand for such products, expanding our production capacity for hybrid polymers was a logical decision," Executive Board Member Auguste Willems said in a statement.
Wacker is expanding in Nuenchritz for a variety of reasons, including market access, raw material availability and, "most importantly, production technology aspects," the company said.
"We have the space for a fully integrated production line in Nuenchritz, which we could even expand, should the need arise," Willems said.