Wacker said its seventh office in South East Asia, and 27th in Asia, would tap into the dynamic growth witnessed in Myanmar’s economy.
“With the new representative office in Yangon, we’ll be able to keep pace with future market growth and strengthen our leading position in the region, offering our local customers and partners better support than ever,” said Patrick de Wolf, managing director of Wacker South East Asia.
Best known for its silicones and polymers for construction and engineering, Munich-based Wacker has been striving to boost its food and nutrition business in the region, which includes its cyclodextrin and curcumin products.
The firm recently announced plans to open a food application lab in Shanghai in mid-2018 for its food and nutrition business. Its first Asia food lab was opened in Singapore in November 2016.