Two New PUD Production Plants Complement Covestro's Largest Production Site

PUD Production Two New PUD Production Plants Complement Covestro's Largest Production Site

2022-07-09 Source: Press release MA Alexander Stark

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Materials manufacturer Covestro has broken ground on two new facilities in Shanghai to meet growing demand for polyurethane dispersions (PUDs) and elastomers. Together, the new facilities comprise a mid-double-digit million euro investment.

A pillar of the new polyurethane dispersions production plant of Covestro at its Shanghai site.(Source: Covestro) — A pillar of the new polyurethane dispersions production plant of Covestro at its Shanghai site.
(Source: Covestro)

Two new plants for the production of polyurethane dispersions and elastomers are being built at Covestro's Shanghai site. The new plant for PUDs and another line for polyester resins, from which PUDs are produced, are scheduled for completion in 2024.

The new line for polyurethane elastomers, which are widely used in the offshore wind, solar energy and materials handling industries, is scheduled to come on stream as early as 2023. The market for these flexible and durable materials is growing faster than gross domestic product and downstream industries in China and Asia Pacific.

Since 2001, Covestro has invested 3.5 billion dollars to build its integrated site in Shanghai, which includes eleven facilities and is the company's largest site worldwide. Last year, the Shanghai site received ISCC PLUS mass balance certification, which means it can supply customers with larger product volumes from renewable attributed raw materials.

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