Page 23 - Plastics News Issue - January 2025
P. 23

COMPANY NEWS




         Covestro Expands Production in Ohio




                                                                to meet the growing demand for high-quality
                                                                materials for the automotive, electronics, and
                                                                healthcare industries in North America. "To be
                                                                successful in these markets, you need the right
                                                                portfolio, consistent quality, and supply reliabil-
                                                                ity, as well as solution-oriented technical exper-
                                                                tise,” says Lily Wang, head of the Engineering
                                                                Plastics Business Entity. "The expanded produc-
                                                                tion capacity for differentiated polycarbonates
                                                                enables us to better serve our customers' com-
          ♦   Investment in the low triple-digit million Euro   plex needs for high-quality, high-tech materials
             range                                              with individualized properties.”
          ♦   Significant  capacity increase with multiple      Covestro already has an established R&D center
             new production lines                               in Pittsburgh and is now doubling down on its

          ♦   Customized polycarbonate material solu-           U.S.-based  compounding  capability.  In  the  fu-
             tions for the American market                      ture, both facilities will work even more closely
                                                                together to drive the technology transfer from
                 ovestro invests a low triple-digit million
                 Euro amount to expand its site in He-          lab to industrial production to support major
          Cbron, Ohio, USA. It will construct multiple          transformation processes, such as the electrifi-
          new production lines and infrastructure to man-       cation and automation of mobility, sustainable
                                                                developments and digitalization.
          ufacture customized polycarbonate compounds
          and blends and significantly expand its capac-        “This investment, which follows our recent an-
          ity in the Solutions & Specialties business for the   nouncement of an almost 40 million Euro invest-
          American market.                                      ment in our R&D capabilities in Pittsburgh, un-
                                                                derscores how critical our U.S. sites and the U.S.
          "This investment in our U.S. compounding plant
          is an important component of our 'Sustainable         market are to Covestro’s global strategy,” says
                                                                Samir Hifri, chairman and president of Covestro
          Growth' strategy. With this expansion, we can
          meet our customers' growing demand for spe-           LLC. “The expanded capacity of our polycarbon-
                                                                ate compounding capabilities in Ohio will both
          cialized polycarbonate materials, grow together
          with our customers, and strengthen our position       help us better supply our customers as well as
                                                                represent a commitment to our employees at
          as a leading provider of polycarbonate materi-
          als in North America," says CTO Thorsten Dreier.      the site, the Hebron, Ohio community, and the
                                                                U.S. market as a whole.”
          "The move also aligns with our strategy to pro-
          duce in the region for the region, to manufacture     Construction of the new production lines is
          close to our customers and ensure reliable sup-       scheduled to begin in 2025, with operations
          ply."                                                 starting by the end of 2026.

          The capacity expansion is an important step                                            Source - COVESTRO


              January 2025                                                                   PLASTICS NEWS  23
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