Wacker sees opportunities in opening-up

German chemical company plans continued investment in R&D, production capabilities

Wacker Group, the Germany-based chemical company, will continue to invest in research and development and production capabilities in China, as the company's fortunes are buoyed by the country's upcoming new round of opening-up measures, said its top executive.

China is the company's largest global market, and Wacker has its sights set on further growth, and on enhancing its local R&D capabilities and downstream capacities, said Paul Lindblad, president of Wacker's arm in China.