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Friday, March 29, 2024

Covestro announces new polycarbonate capacity expansion in Thailand – Chemical Engineering

| By Mary Bailey

Covestro AG (Leverkusen, Germany) plans to further increase its global production capacity for polycarbonate (PC) specialty films to meet the rising demand in the Asia-Pacific region and worldwide. The company has started building new extrusion lines at the Map Ta Phut Industrial Park in Thailand. The films are used primarily in identity documents, automotive displays, and electrical and electronic applications. The investment is in the higher double-digit million euro range, the completion is scheduled for 2025. A total of around 50 new jobs will be created.

Last year, the company started up a NDI plant at the site.

“With this investment, we are strengthening our Solutions & Specialties segment and are committed to further expanding our growth businesses,” says Sucheta Govil, Chief Commercial Officer of Covestro. “At…

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