# Covestro to acquire Vencorex sites in Thailand and Texas

Covestro has signed an agreement to acquire two Vencorex production sites for HDI derivatives in Rayong, Thailand, and Freeport, Texas, expanding its aliphatics production.

- Type: Acquisition
- Announced: 2025-06-18
- Where: Rayong, Thailand; Freeport, Texas, USA, Thailand
- Status: announced
- Products: HDI derivatives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [PTT Global Chemical](https://endata.com/companies/813.md) (partner)
- [Covestro](https://endata.com/companies/1705.md) (acquirer)
- [Vencorex](https://endata.com/companies/22950.md) (target)
- [Pontacol AG](https://endata.com/companies/78076.md) (target)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/keyword/2460-expansion?page=4), 2025-06-18: "Covestro has signed an agreement with Vencorex Holding SAS to acquire two legal entities with stand-alone production sites for HDI derivates in Rayong, Thailand, and Freeport, Texas."
- [plasticsnews.com](https://www.plasticsnews.com/news/covestro-buys-pontacol-expand-adhesive-films-business/), 2025-06-26: "Covestro buys Pontacol to expand adhesive films business"
- [covestro.com](https://www.covestro.com/investors/news/covestro-expands-specialty-isocyanate-footprint-with-two-former-vencorex-sites-in-the-us-and-thailand/), 2025-08-14: "German materials manufacturer Covestro has signed an agreement with Vencorex Holding SAS to acquire two legal entities with stand-alone production sites for HDI derivates in Rayong, Thailand and Freeport, USA."

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