Created with Sketch.

30. Jan 2018 | Markets & Companies

Interview: “South Korea is one of the key growth markets“

Wacker is expanding its existing production plants for dispersions and dispersible polymer powders in South Korea. We spoke to Peter Summo, President Wacker Polymers of the Wacker Group about the situation on the market and growth drivers.

Wacker is expanding its existing production plants for dispersions and dispersible polymer powders in South Korea. Image: Sergey Nivens Fotolia

Wacker is expanding its existing production plants for dispersions and dispersible polymer powders in South Korea. Why?

Peter Summo: We have been producing VAE dispersions at our Ulsan site for years and we have a great working relationship with our neighbours and the authorities there. Utilizing the site’s existing infrastructure will produce several synergies. We manufacture dispersions as well as powders and operate technical centers in all growth regions including South Korea. Our portfolio addresses a multitude of applications. South Korea is one of the key growth markets. Our investment in Ulsan is an important step to meet the growing demand for high performance polymer binders and to increase our market position in the region.

How do you rate the market for dispersions in the region?

Summo: It is clear that Asia will continue to be a major force in the world economy over the coming years, with growth rates higher than in any other region of the world. Increasing prosperity in these countries will support a rapid transformation towards higher building and living standards. This stimulates the demand for environmentally compatible products based on our VAE technologies.

BB_Summo_Peter_Wacker_presse.jpg SW

Peter Summo

President Wacker Polymers,  Wacker Group

What are specific requirements in the region?

Summo: Megatrends such as urbanization, rising health awareness and resource efficiency strongly promote the development of high quality products for housing applications. Just an example: tile adhesives containing polymer binders are state of the art in almost all industrialized countries. They are economical, easy to handle and provide excellent adhesion. In Asia, unmodified mortars are still common, but this is changing rapidly as building standards improve. That is why dry mix mortars based on dispersible polymer powders are gaining momentum. Polymer binders also improve the durability and environmental footprint of adhesives, paints and carpets. Wall paints containing VAE dispersions are plasticizer-free and almost odorless, a benefit which is increasingly valued by manufacturers and user

Additives for water-borne coatings


Additives for Water-borne Coatings

Water-borne systems are the coatings of the future. The market is developing an insatiable appetite for ecologically sound coatings based on renewable raw materials. The demands on coating performance are at least as high as those on environmental compatibility. Additives help to protect the environment by effectively reducing the use of organic solvents. Many of today’s water-borne coatings could not be formulated without them. When incorporated into water-borne paints, coatings and printing inks, they enhance both the production process and the performance of the applied inks and coating materials. Additives for water-borne coatings is a must read for formulators wishing to brush up on water-borne coating systems, as well as experts seeking to have detailed knowledge at their finger tips.


This could also be interesting for you!


You are currently not logged in

To leave a comment, please log in.

For continuously improving and optimizing our websites, we use cookies. By using our website, you agree to the usage of cookies. For more information, please visit our Privacy policy.