Covestro said it will significantly expand its global film production. In particular, capacity expansions are planned at the sites in Map Ta Phut (Thailand) in Guangzhou (China), in South Deerfield (MA, USA) and in Dormagen (Germany). The total investment is said to be more than EUR 100 million and includes the expansion of the associated infrastructure and logistics. According to current planning, over 100 new jobs will be created worldwide for the operation of the new plants.
One of the new production facilities is being built in Map Ta Phut and is based on coextrusion technology. It is scheduled for completion by the end of 2019. At the Guangzhou site the focus will initially be on converting the existing coextrusion line. The first new capacities are expected to be available there as early as mid-2019. In a second phase, capacity is also to be expanded there. In South Deerfield measures to increase efficiency and quality are already being implemented. Covestro is also building new coextrusion lines in Dormagen, which are scheduled for completion in Q4 2020. In 2017, the company commissioned a new production line there for multilayer flat films, including infrastructure and logistics facilities.
Covestro produces special technical films, primarily made from polycarbonate and thermoplastic polyurethane. The semi-finished products are used in the automotive, medical technology and security card industries, amongst others.