Covestro expands coextrusion lines at Dormagen. Germany
At its Dormagen site, Covestro has started building additional production lines for high-quality polycarbonate films. The new coextrusion lines are scheduled for completion by the end of 2020 and will cover the increasing demand. According to current planning, more than 50 new jobs will be created.
"With this capacity expansion, we are strengthening the Dormagen site as a competence center for specialty films," said Dr. Klaus Schäfer, Covestro's Board Member for Production and Technology, at the laying of the cornerstone. "At the same time, we are investing in promising technologies and applications." The high-quality semi-finished products are used, among other things, in cars, in medical products and in security cards.
Michael Friede, global head of the Coatings, Adhesives, Specialties segment at Covestro, commented: "This investment underscores our strategic focus on such growth businesses. At the same time, the worldwide capacity increases are an expression of our proximity to customers and our increased efficiency in the major regions.”
Latest technology
Covestro is equipping the production lines with the latest technology. "We want to remain the partner of choice for our customers and in the future we will be able to supply them faster and with higher quality," explained Dr. Thorsten Dreier, global head of Covestro's film business. "Together with other facilities at our competence center in Dormagen, they facilitate even better development work. We are currently working on many projects that are expected to be brought to market maturity even faster with the new plants."
The new lines are designed for the production of multi-layer flat films. These products, for example, play an important role in identity documents in order to embed security features and ensure the best possible protection against counterfeiting. They are also used in car interiors.
The competence center in Dormagen, which specializes in polycarbonate flat films, houses production, a technical center for film processing, a showroom and research laboratories. The other two German competence centers are located in Leverkusen and Bomlitz and specialize in film coating and thermoplastic elastomer films.
Global capacity expansion
The investment is part of a global capacity expansion announced last year to meet the growing demand in all regions and strengthen Covestro's position in the film market. The planned total investment of more than 100 million euros also includes an expansion of the associated infrastructure and logistics in order to shorten delivery times. A total of more than 100 new jobs are to be created worldwide.
Investments
2019-01-01
at Chempark Dormagen (DE) Investment detailsCountries
Companies
Latest news
Toray Announces Establishment of Battery Separator Film Joint Venture with LG Chem at Nyergesújfalu, Hungary
Toray and LG Chem have established the joint venture through the investment of US$375 million (around ¥ 50 billion) by LG Chem in Toray Industries Hungary Kft. (THU), a wholly owned Toray subsidiar...
HH2E and MET Group establish a joint project company to develop one of Europe’s largest green hydrogen production plants in Lubmin, Germany
6,000 tonnes/year production of green hydrogen by 2025 to supply hydrogen to transport and industrial customers in Germany, increasing to 60,000 tonnes by 2030.
Indaver and INEOS Styrolution sign offtake agreement for recycled styrene monomer, new plant based in Antwerp, Belgium
Indaver’s depolymerisation plant to be the first of its kind in Europe.Agreement closes the loop for polystyrene - from yoghurt pot to yoghurt pot
Lhyfe and Chantiers de l’Atlantique sign a MoU to develop offshore renewable green hydrogen production
This agreement comes as Lhyfe and Chantiers de l’Atlantique, who have already been working together for 18 months as part of the SEM-REV project on the co-development of a pilot system for offshore...