# Covestro invests EUR 18.5M in Barcelona plant

Covestro announced an investment of EUR 18.5 million at its Barcelona plant to incorporate new high-vacuum distillation technology for coatings, adhesives, elastomers and insulating foams. The investment will create direct and indirect jobs, though the number was not specified.

- Type: Investment
- Announced: 2019-11-13
- Where: Barcelona, Zona Franca, Spain
- Value: $20.4M (18.5M EUR)
- Status: announced
- Products: coatings, adhesives, elastomers, insulating foams
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

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

## Sources

- [viaempresa.cat](https://www.viaempresa.cat/empresa/covestro-inverteix-fabrica-barcelona_2100760_102.html), 2019-11-13: "amb aquesta inversió, estenem el nostre compromís amb una producció sostenible basada en l'economia circular que compleixi amb els estàndards de qualitat cada vegada més alts que ens marquen els nostres clients"

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