New lease of life for Covestro’s Tarragona plant - sportstextiles: Lea SportsTextiles

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New lease of life for Covestro’s Tarragona plant

12/12/2017
Materials manufacturer Covestro has announced that it will continue production at its plant in Tarragona, Spain, beyond 2020. The company has said it will invest around €200 million to increase cost-competitiveness at the site by implementing a number of measures. As a first step, it intends to build its own chlorine supply, thus ensuring an efficient, sustainable and independent supply of this raw material.

Covestro will also break down what it has called a bottleneck in its production at the plant of MDI (methylene diphenyl diisocyanate), a precursor for manufacturing foam materials. Globally, Covestro is the largest producer of MDI.

The company had previously announced that the Tarragona plant would close before the end of 2017; earlier this year it put the decision on hold following an increase in demand for MDI. The new measures announced now will increase its MDI production capacity in Tarragona by 50,000 tonnes to reach 220,000 tonnes per year.

“We are fully committed to the MDI market and our site in Tarragona,” said chief executive, Patrick Thomas, in a statement on December 11. “By de-bottlenecking and establishing our own chlorine supply, this site will become an even more efficient and competitive plant within our network.”


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