The completion ceremony of Wacker Chemie Ag's silicone project was held at its Zhangjiagang base in the Zhangjiagang Bonded Zone on May 21. The project is set to inject strong momentum into Zhangjiagang's efforts to build a 100-billion-yuan ($13.88 billion) high-performance polymer industrial cluster.
Wacker Chemie Ag, a renowned century-old benchmark in the global chemical industry, is a world leader in the silicone business. Since establishing its footprint in Zhangjiagang in 2004, Wacker has continuously increased its investment, building one of the world's largest and most advanced silicone production sites—the Zhangjiagang production base. The newly completed project represents the single largest investment in the base's history.
In his speech, Dr. Christian Kirsten, Member of Wacker's Executive Board, noted that the group has been successfully operating in China for more than 30 years. Currently, 37 percent of Wacker's total sales come from Asia, with about half of that from China. With the expansion of the Zhangjiagang silicone project, Wacker aims to strengthen its specialty product portfolio and further solidify its leading position as a silicone producer in the Chinese market, he added.
Currently, Zhangjiagang is striving to advance the high-end, intelligent, and green transformation of its leading industries, including chemicals, while accelerating both industrial and urban transformation. Its development path is highly aligned with Wacker's commitment to sustainable and green growth.
Zhangjiagang will continue to foster a first-class business environment so that enterprises can grow and thrive. The city looks forward to sharing opportunities and creating a better future together with Wacker and other global partners.