Growing Demand Leads to Expansion of Covestro’s Shanghai Plant
Covestro started construction of a new plant for polyurethane elastomer systems, the latest addition to the Covestro Integrated Site Shanghai (CISS). It is part of a series of global investments in the elastomers raw materials business the company made in the past several years. The plant in Shanghai will help meet rising demand in the Asia-Pacific region for the renewable energy applications of the material. The polyurethane elastomers systems produced at the site can be used for a variety of end products, including offshore wind power, the protection of subsea cables, the manufacturing process of photovoltaic panels, and in screening medias in the mining industry. It is designed to withstand the harshest of conditions.
"We provide materials that help to facilitate a more climate-neutral and circular world. The products to be manufactured at our new plant in Shanghai are an excellent illustration of this, as they will assist our customers in meeting the increasing demand for renewable energy solutions," said Sucheta Govil, COO, Covestro. "In doing so, we are supporting the growth of an industry that is vital for preserving our climate. Furthermore, we are promoting sustainability in various industries by supplying materials containing renewable attributes."