Covestro starts production of Naphthylen-Diisocyanate in Thailand
The groundbreaking of the new plant happened almost exactly two years ago, in late 2020. The investment was in the high mid double-digit million EUR range and is part of several investments of the company into cast polyurethane raw materials, for example at its Spanish site near Barcelona or at its site in Caojing near Shanghai in China.
Diverse range of applications
The new plant in Thailand now employs more than 25 people. The elastomers produced from the raw material are suitable for a diverse range of applications: from forklift wheels, roller coaster wheels to couplings and seals for the engineering industry, among many others. “We believe in the growth of the cast elastomers market and want to meet the increasing demand. With this new production plant, we achieve a significant improvement of our global infrastructure and strengthen our presence for high-performance elastomers in the Asia-Pacific region,” says Sucheta Govil, Chief Commercial Officer at Covestro. “This investment also allows us to better serve our customers, improve our customer service and it supports the growth of applications and industries with high-end performance requirements.”