Covestro expands position in coating raw materials
Capacity at site increased by about 50,000 metric tons per year
Covestro
Basis for innovative products and solutions
At the same time, the material forms the basis for many innovative products and solutions. Meyer added, “Covestro used it in the development of BLULOGIQ, for example, a unique technology for coating plastic automotive parts that is highly energy efficient and delivers significant cost savings.” With this and other innovations, Covestro is helping to meet global challenges such as the ongoing depletion of resources and environmental pollution – entirely in keeping with the company’s purpose: “To make the world a brighter place.”
Dr. Klaus Schäfer, the Covestro Management Board member responsible for production and technology, said, the addition of the new plant makes Shanghai one of the largest HDI production centers in the world. “At this important site we work in a network to produce all our main products. Now it is stronger than ever before thanks to the expansion of our HDI production,” he added.
The new plant is part of an investment program for the site with a volume of more than EUR 3 billion which was launched over ten years ago and is now expiring.This program also calls for polycarbonate production capacities at the site to double to about 400,000 metric tons per year before the end of in 2016. This versatile, high-performance plastic is used in a number of industries, including the automotive, construction and electronics sectors.
State of the art
“The new plant features the very latest technology,” Schäfer added. “It’s not only very safe and highly efficient; it also stands out because of its particularly environmentally friendly production process.” In the last process step, for example, the use of solvents has been cut by up to 80 percent and up to 60 percent less energy is used compared with the conventional technology. Overall, the carbon footprint of HDI production has been reduced by up to 70 percent.
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