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Dow Corning and Wacker plan to produce key raw materials in Asia

Published on 2003-06-10. Author : SpecialChem

 

Dow Corning Corp. and Wacker Chemie GmbH announced their intent to form a joint venture in Asia. The intent of the venture would be to manufacture silicone intermediates and fumed silica that are used in thousands of finished products for industrial and consumer applications, ranging from construction and lubricants to electronics and personal care. The companies would jointly develop world-class manufacturing of basic materials.

Each company would bring its technology to develop what is planned to be the silicone intermediates and silica site in Asia. The companies believe that the cost and quality advantages of an integrated site in the region would benefit local customers and help further develop local markets and communities. Dow Corning and Wacker would independently develop and operate their own manufacturing facilities for finished products at the same site. Each company would continue to compete and operate independently in the market place, both inside and outside of Asia.


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