Covestro expands global capacity for polyurethane dispersions
In order to meet global demand, Covestro is also building a new facility in China, as well as planning to resume production in the United States and at the same time modernizing and expanding facilities there.
The new capacity is primarily needed to satisfy rising demand from the coatings and adhesives industry: manufacturers remain determined to replace solvent-based products with more sustainable waterborne systems that have equally good properties. Also driving the trend are regulations that require lower emissions of volatile organic compounds (VOC).
“With these investments, we are expanding our globally leading position,” says Michael Friede, global head of the Coatings, Adhesives, Specialties segment at Covestro. “Our products allow for many applications in very different industries,” Michael Friede explains. “In this way, we create opportunities for growth and strengthen our competitiveness.”