Bayer MaterialScience expands technology and production
Leverkusen – With the latest equipment for product development and the expansion of its production capacity, materials manufacturer Bayer MaterialScience continues to adapt to the needs of key sectors such as the automotive and construction industries. At its headquarters in Leverkusen, the company has outfitted a technical center for the advancement of premium foams with ultra-modern machines and systems. An additional production plant also was brought on stream there for coating raw materials, another global growth market. The total investment in both is more than EUR 45 million.
These steps illustrate the company’s adherence to its market-oriented investment policy. “This allows us to supply key industries more precisely and with higher volumes of exactly the products they need,” said Patrick Thomas, CEO of Bayer MaterialScience. “Furthermore,” he added, “the company is expanding its competence in developing new applications and manufacturing processes for its materials in close collaboration with customers.” For example, Bayer MaterialScience helps to cope with challenges such as increasingly scarce natural resources, rising mobility and growing urbanization.
These trends can be met with polyurethane foam, for instance to insulate buildings and refrigeration systems, or for components that make cars lighter, more fuel efficient and more comfortable. As a leading manufacturer of polyurethane precursors, Bayer MaterialScience tests innovative solutions and processes at its new technical center in Leverkusen. It is equipped with the latest machines, enabling high efficiency and productivity in product development. Bayer MaterialScience has invested over EUR 10 million in the test center. In the medium to long term, the company expects the global polyurethane market to continue growing at an average annual rate of about five percent.
Multipurpose plant for EUR 35 million
The global market for coating and adhesive raw materials is also on a growth course, and will likely increase by an average of roughly four percent per year. To meet the rising demand, Bayer MaterialScience is expanding production capacity for the precursors HDI and IPDI, which likewise are based on polyurethanes. The company invested a year and a half and EUR 35 million in the construction of a newly commissioned multipurpose plant in Leverkusen that can produce either of the raw materials depending on demand. The process is very environmentally compatible and highly efficient.
“With the production facility and the new technical center, we have set the course for strengthening our leading position as a developer and manufacturer of premium, chemistry-based materials,” said Thomas. “Despite the current challenges, such as high energy and raw material costs and rising global competition, Bayer MaterialScience continues to have good prospects for long-term, profitable growth.”
Categories
Investments
Chemical substances
Countries
Companies
Latest news
BASF, SABIC, and Linde celebrate the start-up of the world's first large-scale electrically heated steam cracking furnace at Ludwigshafen demoplant, Germany
BASF SE, Ludwigshafen →Demonstration plant with 6 megawatts input of renewable electrical energy to test material behavior and process on an industrial scale. Joint development and construction of electric steam cracking...
Topsoe to supply technology for Cepsa's 2G biofuels plant in Palos de la Frontera, Spain
Cepsa and Bio-Oils’ new plant will begin production in 2026 and is expected to produce 500,000 tons of Sustainable Aviation Fuel (SAF) and renewable diesel annually. Topsoe will deliver its HydroFl...
BASF has successfully started operating its prototype metal refinery for battery recycling in Schwarzheide, Germany
Innovative technology extracts lithium, nickel, cobalt, manganese and copper from end-of-life lithium-ion batteries and battery production scrap. Plant represents further milestone in building Euro...
Mol inaugurates the largest green hydrogen plant of the region at the Danube Refinery in Százhalombatta, Hungary
MOL produces 1600 tonnes of green hydrogen per year using electricity from renewable sources. The plant will reduce carbon dioxide emissions of the Danube Refinery by 25 000 tonnes. With the introd...