Covestro to build its largest TPU site in Zhuhai, China
Covestro will build a new Thermoplastic Polyurethanes (TPU) production site in Zhuhai, China, with a total capacity of 120,000 tons per year after three phases. The first phase, with 30,000 tons capacity and about 80 jobs, is expected to be mechanically completed by end of 2025; the final phase by 2033. Total investment is in the low three-digit million euro range.
Value
$106.0M (100.0M EUR)
Capacity
120,000 tons per year (final); 30,000 tons per year (phase 1)
ProductsThermoplastic Polyurethanes (TPU)
“This investment shows our ongoing commitment to growth in our Solutions & Specialties business entities.”covestro.com
- 4 sources
- covestro.comCovestro to build its largest TPU site in ChinaFeb 23, 2023
- modernplasticsglobal.comCovestro to Build its Largest TPU Site in China • Modern Plastics GlobalJulie FernandesMar 1, 2023
- chemweek.mydigitalpublication.comChemical Week • February 27/March 6 • New constructionKartik KohliMar 3, 2023
- turkchem.netCovestro to Build Largest TPU Plant in China — Turkchem.netTurkchemApr 5, 2023
Summarized from public sources; check the original articles before acting on it.