DGAP-News: Wacker Chemie AG / Key word(s): Expansion Wacker Chemie AG: WACKER expands production capacity for dispersions at its Burghausen site 23.02.2017 / 10:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- - ANNUAL CAPACITY TO INCREASE BY 60,000 METRIC TONS - AROUND EUR25 MILLION TO BE INVESTED - NEW DISPERSION REACTOR SCHEDULED FOR COMPLETION THIS YEAR - CEO RUDOLF STAUDIGL: "THE ADDITIONAL CAPACITY WILL STRENGTHEN OUR MARKET POSITION AS ONE OF THE WORLD'S LEADING MANUFACTURERS OF DISPERSIONS AND DISPERSIBLE POLYMER POWDERS" Munich and Burghausen, February 23, 2017 - Wacker Chemie AG is expanding its existing production plants for polymeric binders in Germany. The Munich-based chemical group is currently building another dispersion reactor with an annual capacity of 60,000 metric tons at its Burghausen site. Some EUR25 million have been earmarked for the production and local- infrastructure expansion. The plant is scheduled for completion before the end of the year. WACKER's dispersions are commonly used to formulate low-odor and low- emission indoor paints, but can also be found in plasters, adhesives, carpet applications or technical textiles. Moreover, they are the key raw material for the production of dispersible polymer powders for construction applications. WACKER manufactures these powders by spray drying at its Burghausen site. "The enlargement of our dispersion production in Burghausen is part of our strategy to achieve further profitable growth through expansions at existing production plants," said Rudolf Staudigl, president & CEO of Wacker Chemie AG, explaining the investment measure. "The additional capacity will strengthen our market position as one of the world's leading manufacturers of dispersions and dispersible polymer powders, and will help us meet our customers' continuously increasing demand over the long term," emphasized the Group CEO. In this way, WACKER is taking account of the globally rising demand for high-quality polymeric binders, which is being driven by worldwide trends such as urbanization, renovation and energy efficiency. Alongside the new reactor, the Group is also investing in the expansion and modernization of local infrastructure. "We are not only making a key contribution to supply security in the years to come, but also to the cost-efficient production of our dispersions and dispersible polymer powders," explained Peter Summo, head of the WACKER POLYMERS business division. With over 60 years' experience in the development and production of dispersions and dispersible polymer powders, WACKER is a global technology and market leader in the field of vinyl-acetate-based copolymers and terpolymers. The binders find use in sectors such as construction, paints, coatings and adhesives, for example for formulating high-quality tile adhesives, cementitious waterproofing membranes, energy-saving external thermal insulation composite systems, or low-odor, low-emission interior paints. About WACKER POLYMERS WACKER POLYMERS is a leading producer of state-of-the-art binders and polymeric additives based on polyvinyl acetate and vinyl acetate copolymers. These take the form of dispersible polymer powders, dispersions, solid resins, and solutions. They are used in construction chemicals, paints and surface coatings, adhesives, carpet applications and nonwovens, as well as in fiber composites and polymeric materials based on renewable resources. WACKER POLYMERS has production sites in Germany, China, South Korea and the USA, as well as a global sales network and technical centers in all major regions. For further information, please contact: Wacker Chemie AG Media Relations & Information Nadine Baumgartl Tel. +49 89 6279 -1604 [email protected] --------------------------------------------------------------------------- 23.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Wacker Chemie AG Hanns-Seidel-Platz 4 81737 München Germany Phone: 0049-89-6279-1633 Fax: 0049-89-6279-2933 E-mail: [email protected] Internet: www.wacker.com ISIN: DE000WCH8881 WKN: WCH888 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 546969 23.02.2017