
Covestro breaks ground on new production line in Thailand
January 7, 2019Covestro has started to build up a new
manufacturing line for polycarbonate films at Map Ta Phut Industrial Estate,
Thailand. With this new capacity, the company will serve the fast growing
demand in Asia Pacific and strengthen its own position as a market leader. The
project is the first step of a global capacity increase for Covestro´s film
production. The total investment of more than EUR 100 million also includes an
expansion of the associated infrastructure and logistics.
“Our existing films plant in Map Ta Phut has been a high-performing and valued
facility,” said Dr. Thorsten Dreier, Global Head of Covestro´s Specialty Films
Business, at the ground-breaking ceremony. “Our main objective with this
expansion is to intensify our collaboration with customers in Asia Pacific, in
particular, to improve efficiency and punctual delivery. With market-focused
innovations and a stronger customer orientation we want to drive growth for
Covestro.”
Thorsten Dreier added, “This is an excellent strategic fit, enabling fastest
time-to-market, but also broadening our market access in Asia. Not least, we
have highly-skilled employees at our existing plant, which will also ensure the
success of the new project,” added Thorsten Dreier.
The existing films facility started operations in January 2007 and produces
Makrofol® polycarbonate and Bayfol® polycarbonate
blend films, which are used in industry sectors such as security and ID cards,
automotive, medical, as well as electrical and electronics. It produces a
selection of grades, including new optical grades, and the new facility is
designed to extend the range of products in response to market demand.