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EANS-News: WACKER and Dow Corning Open China´s Largest Integrated Silicone Manufacturing Site

Zhangjiagang (China) (euro adhoc) -

Joint Press Release of WACKER and Dow Corning
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Company Information
Subtitle: Joint Press Release of WACKER and Dow Corning
November 18, 2010 - After four
years of construction, Wacker Chemie AG and Dow Corning Corporation 
today officially inaugurated their joint integrated silicone 
manufacturing site in Zhangjiagang, Jiangsu province, China. The 
facility will serve fast-growing demand for silicone materials in 
China and Asia. The combined US$1.8 billion investment, covering 1 
million square meters, is China´s largest facility of this kind and 
is among the world´s biggest and most advanced integrated silicone 
production sites. The integrated site includes a siloxane plant and a
pyrogenic silica plant, both of which are jointly owned by WACKER and
Dow Corning. The site also features finished silicone production 
plants which are owned and operated independently by each company.
Siloxane and pyrogenic silica are key ingredients in the manufacture 
of finished silicone products. Silicone-based materials are used in 
nearly all sectors of China´s booming economy, including automotive, 
construction, cosmetics and personal care products, electronics, 
power generation and distribution, solar energy and textiles. The 
landmark project began in 2006 and the first phase of raw material 
production was launched in 2008. The combined capacity for siloxane 
and pyrogenic silica is expected to reach approximately 210,000 
metric tons per year.
WACKER and Dow Corning are world leaders in silicon-based materials. 
To better serve customers in China and Asia with their cutting edge 
technology, the two global companies aligned in a joint venture to 
build the largest silicone manufacturing site in China. The 
innovative alliance offers experience and expertise to the silicone 
industry in Asia, which provides enabling technologies and 
capabilities to a diverse set of industries.
During an opening ceremony held at the site today, Dr. Rudolf 
Staudigl, President and CEO of Wacker Chemie AG, and Dr. Stephanie 
Burns, Chairman and CEO of Dow Corning Corporation, emphasized the 
strategic importance of the manufacturing site.
"Today´s inauguration of our integrated silicone manufacturing site 
represents a milestone for both companies," Dr. Burns said. "While 
the economic environment has changed a lot since we broke ground here
four years ago, our commitment to and faith in China´s future has 
never changed. Throughout China and in many other parts of Asia, we 
see an increasing number of manufacturers using silicones to improve 
the performance of their products. Our investment in this site 
significantly enhances our ability to meet that need and to spur 
growth in many key industries in this region."
In his remarks Dr. Staudigl said: "This is an exciting day for both 
WACKER and Dow Corning, for our customers and for the people of 
China. The site enables us to serve our customers´ needs, to support 
the development of the silicone industry in China, to further grow 
our local business, and to contribute to China´s circular economy, 
which is an important part in China's commitment to sustainable 
development."
At the integrated Zhangjiagang site, Dow Corning and WACKER adhere to
strict global environment health and safety standards (EHS) and 
state-of-the-art production processes and technology to ensure high 
product quality and performance. These include advanced processes for
raw material efficiency, a highly energy-efficient design and 
environmental control technology.
The innovative joint-venture approach, operating shared facilities, 
offers economies of scale through the sharing of power, utilities and
subsequent efficiencies. The integrated production technology plays 
an important role in reducing emissions and logistical efficiency.
The closed-loop facility will allow the siloxane plant to supply 
chlorosilane for the production of pyrogenic silica. In turn, the 
pyrogenic silica plant will send back its by-product, hydrogen 
chloride (HCL), for the production of siloxane. When the site does 
purchase raw materials, many can be sourced locally offering 
additional efficiency and cost benefits.
Dow Corning and WACKER are fully committed to sustainable 
manufacturing in China. Like their other facilities around the world,
the integrated site was designed and built based on the principles of
sustainable development.
Both WACKER and Dow Corning are members of the Association of 
International Chemical Manufacturers, China's first international 
association that deals with chemical issues. The members work to 
continually improve their performance in terms of environment, 
health, safety and security practices and share best practices for 
sustainable production with their Chinese peers, providing 
professional solutions to issues China and many other nations are 
facing.
About Siloxane and Pyrogenic Silica Siloxane is a key starting 
material for the production of silicones. Major silicone application 
industries include: construction, automotive, electronics, beauty & 
personal care, healthcare, coating, power & utility, solar, textile, 
and paper. Pyrogenic silica is used as an active filler in silicone 
elastomers, as a viscosity-adjusting agent in coatings, printing 
inks, adhesives, unsaturated polyester resins and plastisols or as a 
flow aid, for example in the cosmetics, pharmaceutical and 
food-processing industries.
About WACKER Wacker Chemie AG (www.wacker.com) is a globally 
operating chemical company headquartered in Munich, Germany. With a 
wide range of state-of-the-art specialty products, WACKER is a leader
in numerous industrial sectors. Its products support countless 
high-growth end-user sectors such as photovoltaics, electronics, 
pharmaceuticals and household/personal care products. The WACKER 
Group posted total sales of about EUR 3.7 billion in 2009, of which 
some 80 percent were generated outside Germany. WACKER employs 
approximately 15,600 people at 26 production sites in Europe, the 
Americas and Asia, and about 100 sales offices worldwide. Wacker 
Chemie AG is listed at the Frankfurt (Germany) Stock Exchange (ISIN: 
DE000WCH8881).
About Dow Corning Dow Corning (www.dowcorning.com) provides 
performance-enhancing solutions to serve the diverse needs of more 
than 25,000 customers worldwide. A global leader in silicones, 
silicon-based technology and innovation, Dow Corning offers more than
7,000 products and services via the company´s Dow Corning® and 
XIAMETER® brands. Dow Corning is equally owned by The Dow Chemical 
Company and Corning, Incorporated. More than half of Dow Corning´s 
annual sales are outside the United States.
Note for editors:
Photos are available for download at
http://www.wacker.com/pressreleases
end of announcement                               euro adhoc

Further inquiry note:

Wacker Chemie AG
Christof Bachmair (Europe and U.S.)
Tel.: +49 (0)89 6279 1830
E-Mail: christof.bachmair@wacker.com

Jessica He (China)
Tel.?+ 86 21 6100 3588
E-mail?jessica.he@wacker.com

Dow Corning Corporation
Jarrod Erpelding (U.S.)
Tel.: + 1 989 496 1582
E-mail: jarrod.erpelding@dowcorning.com

Branche: Chemicals
ISIN: DE000WCH8881
WKN: WCH888
Index: Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX,
Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard

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