On September 8, Dow Corning (Zhangjiagang) Co., Ltd., a joint venture invested by Dow Corning Corporation and Wacker Chemie AG in Germany, held a groundbreaking ceremony for its production base in Zhangjiagang City, Jiangsu Province, marking China and the world. The largest silicone production project broke ground.
The production site is located in Zhangjiagang Yangzijiang International Chemical Industrial Park. At the same time, there is a fumed silica plant under construction. The total investment of the joint venture is expected to exceed 600 million U.S. dollars in the next few years. The planned annual production of silicone and gas phase dioxide About 200,000 tons of silicon, the entire project is expected to reach full production capacity by 2010. Dow Corning and WACKER will also build and operate their own silicone downstream production projects on this basis. Both parties hope that this base will meet the demand for organic silicon materials in the rapidly growing Chinese and Asian markets.
The joint venture plant will bring cutting-edge production processes and technologies for the production of silicones and fumed silica to China, which will not only bring high-quality, high-quality products, but also make the production process more conducive to environmental protection. At the same time, the factory will also seek local procurement of raw materials in China to further increase cost competitiveness.
It is understood that Wacker Chemicals is a multinational chemical company headquartered in Munich, Germany. The company produces various kinds of advanced specialty chemical products and has a leading position in many fields. Its 2005 sales were 2.76 billion euros. Dow Corning is the world leader in silicon based technology and innovation. Its global sales in 2005 was 38.8. One hundred million U.S. dollars.
The production site is located in Zhangjiagang Yangzijiang International Chemical Industrial Park. At the same time, there is a fumed silica plant under construction. The total investment of the joint venture is expected to exceed 600 million U.S. dollars in the next few years. The planned annual production of silicone and gas phase dioxide About 200,000 tons of silicon, the entire project is expected to reach full production capacity by 2010. Dow Corning and WACKER will also build and operate their own silicone downstream production projects on this basis. Both parties hope that this base will meet the demand for organic silicon materials in the rapidly growing Chinese and Asian markets.
The joint venture plant will bring cutting-edge production processes and technologies for the production of silicones and fumed silica to China, which will not only bring high-quality, high-quality products, but also make the production process more conducive to environmental protection. At the same time, the factory will also seek local procurement of raw materials in China to further increase cost competitiveness.
It is understood that Wacker Chemicals is a multinational chemical company headquartered in Munich, Germany. The company produces various kinds of advanced specialty chemical products and has a leading position in many fields. Its 2005 sales were 2.76 billion euros. Dow Corning is the world leader in silicon based technology and innovation. Its global sales in 2005 was 38.8. One hundred million U.S. dollars.