Calcutta, Jan. 15: Chemical group Wacker today said it had invested around half a million euros to expand its technical centre for silicone products at Amtala near Calcutta.
Wacker Metroark Chemicals (WMC), a joint venture between Munich-based Wacker and India’s Metroark, has a facility of over 1,800 square metres at Amtala. The facility has been upgraded to house advanced application technology and test equipment for silicone products. Silicone products are used in textiles, automotive, personal care and construction industries.
“By advancing our lab capabilities, we will leverage our local competence to fulfil the needs of our customers in India and Southeast Asia,” said Christian Hartel, president, Wacker Silicones.
According to WMC executive director Levi Cottington, the investment indicated Wacker’s intention to expand technical expertise in Asia.
WMC is based in Calcutta with 180 employees and is responsible for production, marketing and sales in India. The joint venture, in which Wacker has a 51 per cent stake, was set up in 1998 and has sales offices in New Delhi, Mumbai and Chennai as well as Dhaka in Bangladesh.
Globally, Wacker has close to 16,300 employees. It had clocked an annual sales of around 4.63 billion euros in 2012. The company has 24 production sites, 22 technical competence centres and 53 sales offices worldwide. Wacker Silicones include silicone fluids, emulsions, rubber and resins.