Covestro to double polycarbonates production in China
Covestro has revealed plans to double production capacities of high-tech plastic to meet the growing demand of polycarbonates in Asia.
Covestro's plant in Shanghai, China, will increase production from 200,000mt to 400,000mt per annum.
It has installed two new lines for polycarbonate resins to double production.
Covestro head of polycarbonates segment Michelle Jou said: “In Asia and especially China, the demand for polycarbonates and solutions based on it is growing in important industries like electronics, healthcare and automotive.
“By expanding our polycarbonates production capacity in the region, we can adapt and react even better to the changing needs of our customers. And we optimise our service, guaranteeing sustainable supply and relentless innovation.”
Polycarbonates are useful in many areas, from preparing medical devices to making smartphones. It is also combined with other substances to prepare different blends with optimal properties. They are lightweight, robust and can be moulded into any shape.
Covestro Management board member for production and technology Dr Klaus Schäfer said: "The addition of the new production lines makes Shanghai the largest production centre for polycarbonate resins in the world. The successful completion of this project strengthens our global production network and demonstrates Covestro's continuous commitment to the Chinese market."
Earlier this year, a new plant was opened at Shanghai to produce up to 50,000mt of HDI each year. It is an essential raw material used in coatings and adhesives.