According to current planning, over 100 new jobs will be created worldwide for the operation of the new plants. The high quality, semi-finished products are used in the automotive, medical and security card fields, among others. "With this capacity expansion, we are investing in promising technologies and applications," says Dr. Markus Steilemann, CEO of Covestro. "The innovative high-tech materials offer solutions for future challenges and deliver their contribution to making the world a brighter place."
"We want to expand our global film production as quickly as possible to meet the growing demand in the regions," explains Michael Friede, global head of the Coatings, Adhesives and Specialities sector. "With modern and efficient production facilities, we want to offer our customers growth opportunities and strengthen them in their competitive environment."
Global capacity expansion
Based on modern co-extrusion technology, the first of the new production facilities will be developed in the Thai city of Map Ta Phut and should be completed by the end of 2019. At the Guangzhou site in China, the existing coextrusion line will be converted and the first new capacities will be in place as early as mid-2019. In the second phase, these capacities will be expanded. In Covestro’s South Deerfield, Massachusetts, location, steps are also being taken to improve the efficiency and quality of the process.
Covestro is also building new co-extrusion lines in Dormagen, Germany, which are scheduled for completion in the fourth quarter of 2020. Only a year ago, the company commissioned a new production line at this site for high quality, multilayer flat films, including infrastructure and logistics facilities. "With these expansions we create the conditions to meet customer requirements more flexibly and quickly. Our tailor-made products enable versatile applications in various industries," says Dr. Thorsten Dreier, global head of the Speciality Films sector.