# Covestro invests $1.7 billion in Baytown MDI expansion

Covestro is investing more than $1.7 billion to expand its Baytown, Texas site, adding 500 kilotons per year of MDI capacity. The project, called MDI-500, is expected to be completed in 2024 and will create at least 25 permanent positions and over 1,000 temporary construction jobs.

- Type: Expansion
- Announced: 2018-12-03
- Where: Baytown, Texas, United States
- Value: $1.70B
- Jobs: 25
- Starts operating: 2024
- Status: announced
- Capacity: 500 kilotons per year (MDI)
- Products: methylene diphenyl diisocyanate (MDI), rigid polyurethane foam
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

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

## Sources

- [bicmagazine.com](https://www.bicmagazine.com/departments/operations/dec-18-covestro-baytown-roderick-herrick-taking-on-17-billion-expansion/), 2018-12-03: "Covestro is investing more than $1.7 billion in Baytown, which is the single largest investment in the history of the company."

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