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Covestro expands global capacity for polyurethane dispersions

November 14/2017

MOSCOW (MRC) -- Covestro has begun operations at a new production facility for aqueous polyurethane dispersions (PUDs) at its Dormagen site, as per the company's press release.

Along with a current expansion of production in Barcelona, the company is thus boosting its capacities in Europe significantly. 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 preparing for the continued growing demand for polyurethane dispersions as well as expanding our globally leading position," says Michael Friede, global head of the Coatings, Adhesives, Specialties segment at Covestro. "At the same time, thanks to our diversified production, we have the flexibility to meet many different requirements."

This diversity is also the key to the comprehensive line of polyurethane dispersions (PUDs) that Covestro offers. "Our custom-tailored products allow for many applications in very different industries," Michael Friede explains. "In this way, we create opportunities for growth and strengthen our customers competitiveness."

As the leading global supplier of PUDs, Covestro also holds a top position in research and development and in process technologies. The company provides technical service and support to customers worldwide.

Polyurethane dispersions can be used in a wide variety of applications. For example, products in the Bayhydrol UH, U and UV series and Bayhytherm are a component of base coats for automotive OEM and refinishing coatings, as well as a component of wood and furniture coatings and long-wearing floor coatings. Adhesives formulated with Dispercoll U are used in the production of furniture and shoes as well as in the automotive industry.

Under the name Impranil, the low-solvent raw materials also play an important role in the production of coated textiles and polyurethane synthetics. PUDs in the Baybond product line are used in the form of glass fiber sizings to produce robust plastic composites (glass-fiber-reinforced plastics). The film formers adhere very well to the fibers, but, in composites with thermoplastics, they are still elastic enough to ensure the necessary stability.

As MRC wrote earlier, in September 2017, German drugs and pesticides group Bayer further reduced its holding in Covestro to 31.5% from 40.9% by selling 19 million shares in the plastics business for a total of EUR1.2 billion (USD1.4 billion).

With 2016 sales of EUR 11.9 billion, Covestro (formerly Bayer MaterialScience) is an independent subgroup within Bayer. It was created as part of the restructuring of Bayer AG from the former business group Bayer Polymers, with certain of its activities being spun off to Lanxess AG. Covestro manufactures and develops materials such as coatings, adhesives and sealants, polycarbonates (CDs, DVDs), polyurethanes (automotive seating, insulation for refrigerating appliances) etc. Covestro has 30 production sites worldwide and employs approximately 15,600 people (calculated as full-time equivalents) at the end of 2016.


mrcplast.com
Author:Margaret Volkova
Tags:poliuretan, coatings, car components, furniture, adhesives, Bayer, Covestro, Germany, China, USA.
Category:General News
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