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Wacker to acquire full ownership of Air Products

15 Dec '07

4 min read

Air Products' President and CEO, John McGlade, said: “Air Products and WACKER are looking back to a decades-long successful partnership in polymer business. They recognize the strategic value of the business, its high quality assets and its outstanding team of employees.”

Air Products Polymers (APP) produces polymer dispersions at sites in Germany, South Korea and the USA. It sells its products under the Airflex, Vinac, Flexbond and Flexcryl trademarks to industries ranging from adhesives, nonwovens, paints and coatings, to building products, paper, carpet and textiles.

Wacker Polymer Systems (WPS) is responsible for VINNAPAS dispersible polymer powders, VINNAPAS solid resins, PIOLOFORM B, VINNOL surface-coating resins, VINNEX binder systems and VINNAPAS dispersions for construction applications. WPS operates production facilities in Germany, China and the USA.

Air Products serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services.

Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of $10 billion, operations in over 40 countries, and 22,000 employees around the globe.

Wacker Chemie AG

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