# Covestro to build EUR 1.5B MDI plant in Baytown, Texas

Covestro's supervisory board approved an investment of around EUR 1.5 billion to build a new world-scale MDI plant with 500 kilotons annual capacity at its existing site in Baytown, USA. Start of production is expected in 2024.

- Type: New facility
- Announced: 2018-10-08
- Where: Baytown, Texas, United States
- Value: $1.73B (1.50B EUR)
- Starts operating: 2024
- Status: announced
- Capacity: 500 kilotons per year
- Products: MDI (methylene diphenyl diisocyanate)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Covestro](https://endata.com/companies/1705.md)

## Sources

- [covestro.com](https://www.covestro.com/press/covestro-to-invest-eur-15-billion-in-new-world-scale-mdi-plant-in-baytown-usa/), 2018-10-08: "Today, the Supervisory Board of Covestro has approved an investment of around EUR 1.5 billion to build a new world-scale MDI plant in Baytown, USA."
- [covestro.com](https://www.covestro.com/investors/news/covestro-to-invest-eur-15-billion-in-new-world-scale-mdi-plant-in-baytown-usa/), 2018-10-09: "Demand for innovative MDI materials will continue to grow for the foreseeable future and likewise promises attractive capacity utilization rates."
- [everchem.com](https://everchem.com/covestro-mdi-project-2/), 2018-10-16: "Covestro announced today that it will invest around €1.5bn to build a new world-scale MDI plant in Baytown, Texas, with start-up scheduled for 2024."
- [adhesivesmag.com](https://www.adhesivesmag.com/blogs/14-adhesives-blog/post/96546-covestros-new-mdi-plant-announcement-leads-the-news), 2018-11-05: "Demand for innovative MDI materials will continue to grow for the foreseeable future and likewise promises attractive capacity utilization rates."
- [specchemonline.com](https://www.specchemonline.com/covestro-build-world-scale-mdi-plant-us), 2018-11-22: "Covestro is investing €1.5 billion (US$1.7 billion) in the construction of a world-scale methylene diphenyl diisocyanate (MDI) plant in Baytown, US"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.