May 18, 2022
(press release)
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Covestro launches the production of Desmodur® 15 prepolymers at its Spanish site of Barcelona. With this new production line, the company addresses the growing demand for its high-performance elastomers and can serve an ever wider range of very demanding applications. "With this strategic investment, Covestro aims to further enlarge the capacity and improve the reliability of its global supply of Desmodur® 15 based products," says Philip Bahke, Head of Operations at Covestro Elastomers. "On top of addressing our customers’ demand, Covestro's Barcelona site has been operating entirely on renewable energy since the beginning of 2022," says Sucheta Govil, Chief Commercial Officer at Covestro. "This approach is part of our ambition to reduce our environmental impact while offering our customers greater access to our solutions and specialties products." "We are opening the new production unit for our Desmodur® 15 prepolymers in Barcelona in parallel to the ongoing expansion of our NDI capacities in the Asia-Pacific region with the Map Ta Phut plant in Thailand," explains Thomas Braig, Head of Covestro Elastomers. "This new production unit will help us to support our customers’ growth in the cast polyurethanes high-end applications segment." The abbreviation NDI stands for naphthylene diisocyanate. "Thanks to this new production line, our Vulkollan® licensees, as Desmodur® 15 prepolymers processors, will be able to further develop their business," explains Abdel Arhzaf, Head of NDI-Vulkollan®. "Through these investments, we intend to support the demand for ultra-high-performance elastomers used for superior applications as e.g. in the material handling industry and also for a growing number of engineering applications." Combining the highest mechanical characteristics with dynamic load-bearing capacity, elastomers based on Desmodur® 15 prepolymers are not only one of the most powerful cast polyurethanes in the market, they are also as easy to process as conventional prepolymers. About Covestro: Covestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, cosmetics and health, as well as in the chemical industry itself. The company is committed to becoming fully circular and is striving to become climate neutral by 2035 (scope 1 and 2). Covestro generated sales of EUR 15.9 billion in fiscal 2021. At the end of 2021, the company had 50 production sites worldwide and employed approximately 17,900 people (calculated as full-time equivalents). Forward-looking statements This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
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