Wacker, a chemical corporation with its corporate headquarters in Munich, has built a new silicone production facility in Panagarh, India.
The factory, located 160 km northwest of Kolkata, will create silicone compounds and rubber for application in medical technology, electrical transmission and distribution, and electromobility.
At some point, the production of silicone fluids and silicone emulsions will move into an expansion phase.
The site is a part of Wacker’s new expansion strategy, which the Group presented at the end of March along with a major investment in its chemical businesses.
To fulfil the growing demand for silicones in India and to bolster its position as a leading silicone supplier, the business will invest a mid-double-digit million euro sum in Panagarh over the following five years.
