30.8 C
Bangkok
Sunday, May 12, 2024

Covestro Expands Polycarbonate Film Capacity in Thailand

Covestro plans to further increase its global production capacity for polycarbonate (PC) specialty films to meet 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 dollar range, and completion is scheduled for 2025. A total of around 50 new jobs will be created.

Image courtesy of Covestro
ID cards are among the most important applications of polycarbonate film.

“With this investment, we are strengthening our Solutions & Specialties segment and are committed to further expanding our growth businesses,” said Sucheta Govil, chief commercial officer. “At the same time, we are responding to increasing demand and…

Read more…

Latest Articles