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MarketScreener Homepage  >  Equities  >  Xetra  >  Wacker Chemie AG    WCH   DE000WCH8881

WACKER CHEMIE AG

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Wacker Chemie : 2019 EUROPEAN COATINGS SHOW - WACKER Unveils Polymeric Binder for the Production of Interior Paints with Ecolabel Credentials

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02/12/2019 | 05:15am EDT

Wall-paint comparison: in an alkaline resistance test, the test piece on the left, coated with paint that contains VINNAPAS® EP 3560, exhibited no efflorescence. The test piece on the right, which was treated with conventional paint, showed significant efflorescence in the lower section. (Photo: Wacker Chemie AG)

No organic solvents whatsoever are used in WACKER's VAE technology due to the chemical structure: VAE copolymers are hydrophilic (water-loving). Instead of organic solvents, water suffices as coalescing agent or film-forming aid. As a coat of paint dries, it contracts in volume, drawing the pigments, fillers and polymer coils closer to one another. The particles have less room to maneuver, the polymer chains straighten out and the tangled structure reorganizes itself into a coherent polymer film. This process is subject to a threshold temperature. Thus, the film-forming temperature of VAE binders from WACKER for use in paints is in and around the freezing point. Paints formulated with other polymers would not form a film at these temperatures. They need the additional help of organic solvents, which evaporate as the paint dries and are responsible for the bulk of the VOCs.

Despite their advantages, paints formulated with VAE binders are not entirely free from VOC emissions, as the free-radical polymerization process requires further substances, for example for starting and stopping the chemical reaction. The experts at WACKER worked intensively on the polymerization and composition of the binder, coming up trumps with VINNAPAS® EP 3560, a high-quality, lower-odor and lower-emission product for matt to semi-gloss paints. They also succeeded in optimizing the dispersibility, which is responsible for better color development and color consistency. A further bonus is that the binder confers greater alkaline hydrolysis resistance on wall paints. As a result, paints based on VAE are better equipped to counteract efflorescence and so are ideal for primers applied to alkaline substrates such as concrete. The paints are breathable, too. This is a key criterion for preventing mold formation. Like VINNAPAS® EP 3360, the new product features high wet-scrub resistance and makes for excellent processing even at low temperatures. The minimum film-forming temperature of VINNAPAS® EP 3560 is approx. two degrees Celsius.

Disclaimer

Wacker Chemie AG published this content on 12 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2019 10:14:03 UTC

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Financials (€)
Sales 2019 5 118 M
EBIT 2019 378 M
Net income 2019 235 M
Debt 2019 554 M
Yield 2019 3,01%
P/E ratio 2019 17,52
P/E ratio 2020 16,48
EV / Sales 2019 0,97x
EV / Sales 2020 0,92x
Capitalization 4 418 M
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Mean consensus HOLD
Number of Analysts 20
Average target price 93,8 €
Spread / Average Target 11%
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Rudolf Staudigl President & Chief Executive Officer
Peter-Alexander Wacker Chairman-Supervisory Board
Matthias Biebl Member-Supervisory Board
Franz-Josef Kortüm Member-Supervisory Board
Susanne Weiss Member-Supervisory Board
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