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【NEWS UPDATE】🌏 Wacker Chemie Expands in Asia 🚗🏗️ https://lnkd.in/ghAVjP6W Wacker Chemie AG celebrates the opening of new specialty silicone production facilities in Tsukuba, Japan, and Jincheon, South Korea! 🎉 These state-of-the-art plants cater to the surging demand from Asia’s automotive and construction industries. With €tens of millions invested, Wacker strengthens its position as a leader in high-quality silicone solutions. The new production line in Japan delivers advanced thermal interface materials for EV cooling systems. 👏 “This expansion reinforces our commitment to Asia, which generates over 40% of our sales,” says Angela Wörl. #Innovation #Silicones #EV #Construction #Asia #Sustainability #Growth

Tokyo, JAPAN -- November 22, 2024 SANDEN Corporation's Vision: Innovation, Adaptation and Global Solutions in World-class Manufacturing Amidst Global Dynamics! Mr. Hideyuki Kobayashi, Vice President of Sanden Corporation, discusses the challenges and opportunities faced by Japanese manufacturing amidst global changes. Kobayashi highlights the role of Japanese firms in diversifying suppliers, leveraging technology, and adapting to market demands. Addressing the aging population and labor challenges, Sanden emphasizes value-added production and knowledge transfer. The conversation delves into Sanden's transformation in the EV era, showcasing their expertise in tailored compressors and integrated thermal management systems for electric vehicles. Additionally, Kobayashi underscores Sanden's commitment to environmental sustainability through the development of CO2 compressors. The interview also sheds light on Sanden's strategic partnerships, global expansion plans, and future goals as a full-solution supplier in the manufacturing industry. https://lnkd.in/eR2CEKdT

Tokyo, JAPAN -- November 22, 2024 SANDEN Corporation's Vision: Innovation, Adaptation and Global Solutions in World-class Manufacturing Amidst Global Dynamics! Mr. Hideyuki Kobayashi, Vice President of Sanden Corporation, discusses the challenges and opportunities faced by Japanese manufacturing amidst global changes. Kobayashi highlights the role of Japanese firms in diversifying suppliers, leveraging technology, and adapting to market demands. Addressing the aging population and labor challenges, Sanden emphasizes value-added production and knowledge transfer. The conversation delves into Sanden's transformation in the EV era, showcasing their expertise in tailored compressors and integrated thermal management systems for electric vehicles. Additionally, Kobayashi underscores Sanden's commitment to environmental sustainability through the development of CO2 compressors. The interview also sheds light on Sanden's strategic partnerships, global expansion plans, and future goals as a full-solution supplier in the manufacturing industry. https://lnkd.in/eR2CEKdT

2024 Silicone Events—April 1.Shin-Etsu On April 9, Shin-Etsu Chemical announced that it will invest approximately 83 billion yen (USD 545 million) to build a factory in Gunma Prefecture, Japan, for the production of semiconductor photolithography materials to strengthen Japan's chip supply capabilities. This marks Shin-Etsu Chemical’s first new domestic production base in Japan in 56 years. 2.Xingfa Group On April 26, Xingfa Group announced that its wholly-owned subsidiary, Hubei Xingrui, intends to acquire 100% of the equity of Gucheng Xingfa New Materials Co., Ltd. ("Gucheng Xingfa") from the fully owned subsidiaries of the company's controlling shareholder, Yichang Xingfa Group, namely Gucheng Company and Xinghe Company, for a total transaction price of 329 million yuan. After the transaction is completed, Gucheng Xingfa will become a wholly-owned subsidiary of Xingfa Group. The acquisition of Gucheng Xingfa will effectively fill the gap in the company’s silicon stone mineral resources. 3.Elkem Recently, Elkem officially completed the construction and commissioning of its Asia-Pacific flagship R&D center in Shanghai, with an investment of over 100 million yuan. The center will become one of the key pillars of Elkem's global R&D network. #silicone #SiliconeEvents #ShinEtsu #XingfaGroup #Elkem

Nishimura & Asahi advised Asahi Kasei on the conclusion of a shareholders’ agreement with Honda Motor Co to convert an existing Asahi Kasei subsidiary into a joint venture company to produce lithium-ion battery separators in Canada. The team advising Asahi Kasei was led by partners Kozo Kawai, Nobuhiro Tanaka, Akira Iizuka, and Hudson Hamilton. Find the details on our website: https://lnkd.in/gEmPaF8P

For a company aiming for success, even the choice of suppliers is a crucial step. Today, we have decided to let our suppliers speak. Marcus Hong, Head of LG Chem Europe GmbH Italy office, shares his thoughts on how the relationships between the European and Asian markets will evolve.

The next big milestone on our road to the future is in sight: Evonik’s first fumed aluminum oxide production plant in Asia for lithium-ion batteries is due to start production in 2025. It is located in Yokkaichi and will be operated by NIPPON AEROSIL CO., LTD, one of the Evonik Group companies in Japan. For Evonik, it is a significant investment in a key technology in one of the fastest growing markets for electromobility. The new production facility also strengthens the Yokkaichi production site and the economic ties between the company and the region. On a visit to Evonik’s headquarters in Essen, Katsuyuki Ichimi, Governor of Mie Prefecture, said: “We are very pleased that Mie Prefecture has been chosen as the site for new plant. We will continue to provide as much support as possible, not only through subsidies but also in terms of personnel recruitment." Emmanuel Auer, Head of the Silica Business Line, points out that strong support from the government and the local community is essential for the growth of a chemical company. #EvonikSilica #Silica

WACKER Breaks Ground on Czech Silicone Specialties Production Facility German chemical company Wacker Chemie has broken ground for its new production site in Karlovy Vary, Czech Republic. Wacker plans to produce room-temperature-curing high-performance #silicones there from the end of 2025 and high-consistency silicone rubbers from 2028. When fully operational, the site will be able to supply over 20,000 metric tons of custom-made silicones per year. These silicones are used in key technologies such as #electromobility, #health and medical care and in grid expansion. Wacker states the investment amount to be in the low triple-digit million-euro range and said that 200 new jobs will be created in the first expansion phase. “Karlovy Vary will be a new and important pillar for our silicone activities in Europe and will strengthen our position as a leading manufacturer of silicone specialties. With today’s groundbreaking ceremony we’ve achieved our first milestone,” said Wacker’s executive board member Dr. Christian Kirsten. According to Wacker, customized silicone elastomers are especially needed where conventional materials cannot or can no longer meet the high and ever-increasing requirements. The main drivers are megatrends such as electromobility, renewable energies and the expansion of electricity grids. Read more on #CMI online:

Stahl Suzhou, we are excited to share the remarkable progress we've made in expanding production capabilities and optimizing operational efficiency. With recent approval for increased permit volumes at 28,000 metric tons. “In addition to this milestone, we’ve implemented a state-of-the-art Distributed Control System (DCS) to modernize operations. This upgrade enhances process accuracy, product quality, and overall safety across all production lines. By automating key tasks and replacing outdated technology, our teams can focus on driving innovation and excellence,” said Kent Chen, Operations Manager – Stahl China. “The increased capacity and permits are crucial for Stahl’s growth in China and the broader APAC region. This ensures a sustainable and stable local supply, enabling us to respond quickly to customer needs while enhancing competitiveness in the market. A heartfelt congratulations and gratitude to the entire team for achieving such outstanding results on the project!” said Hagen Chen, Stahl Managing Director of Greater China & East Asia. These advancements underscore our dedication to delivering sustainable and high-quality solutions to our customers in the APAC region and beyond.

Junma Group expands HMLS capacities The Chinese Junma Group has increased its #HMLS capacities by 20 positions, making it one of the largest tire cord manufacturers in China! With 64 HMLS systems from Oerlikon Barmag, Junma is setting new standards in the industry. >> Fast and Reliable Production: Junma's latest project, the largest single HMLS project with Oerlikon Barmag, was operational in record time. "Achieving the required yarn parameters so quickly shows the reliability of our systems," says process engineer Li Jiangang. >> Global Expansion: Junma is not just stopping at China. This year, they opened their first branches outside of China and are planning their first production facility in Thailand next year. "We see definite growth potential in the international tire market," says General Manager Wang Hongbin. >> High-End Technology: With production speeds of up to 6300 m/min, Oerlikon Barmag's HMLS process ensures stable and high-quality yarn production. Junma continues to rely on Oerlikon Barmag's expertise to meet the demands of renowned international tire manufacturers. Stay tuned for more updates on Junma's journey in the tire cord sector! #JunmaGroup #OerlikonBarmag #HMLS #TireCord #IndustrialYarn #GlobalExpansion #Innovation