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Demand drives new Covestro investment in Shanghai

08/07/2022
Demand drives new Covestro investment in Shanghai

Materials manufacturer Covestro has broken ground on two new factories in Shanghai. The company said it was building the new plants to meet rising demand for polyurethane dispersions (PUDs) and elastomers.

These new facilities will be located within an existing Covestro site in Shanghai. The new plant for PUDs, as well as a further line for the polyester resins from which PUDs are produced, are due to be complete in 2024. PUDs are used in more environmentally compatible coatings and adhesives for a wide range of applications, including footwear.

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