More news
- Asian paint regulatory round up – Indonesian exterior paint still uses lead, warns W...
- Nigeria’s paint industry navigates regulatory changes and economic challenges amid p...
- Focus on the global coatings market: Global coatings market outlook
- Ask Joe Powder – October 2024
- Chinese paint majors look to domestic consumer sales as commercial real estate slumps
Wacker Chemie AG has expanded its presence in Latin America by opening a technical centre for construction applications and a subsidiary in Bogotá, Colombia. The facility serves as a development and testing laboratory for dispersible polymer powders, which are needed as binders for the regional building industry. In addition to polymer construction materials, the subsidiary also represents the company’s biotechnology and silicone divisions.
By expanding its local expertise in development, applications technology and service, Wacker is able to optimally support local customers and business partners. It is, thus, further opening up the Andean region’s rapidly developing markets for high-quality construction polymers and chemical raw materials.
The reason for this increased commitment to the region is strong growth, particularly in the building industry. "Latin America is a promising market for Wacker. Demand for chemical raw materials, especially our dispersible polymer powders, has risen noticeably over recent years,” said David Wilhoit, Head of Wacker Chemical Corporation, the subsidiary, which is responsible for the North and Latin American regions. "With the new subsidiary and technical centre, we are further expanding our strong market position in the Andean region.”