15th Phenol/Acetone & Derivatives Markets
06-07 Mar, 2018 - Singapore
Carlton Hotel Singapore
Covestro aims further polycarbonate capacity expansion in China by 2019
Posted on : 02 Jan, 2018
Covestro that already claims to operate “the largest production centre for polycarbonate resins in the world” in China is planning further capacity expansions.
Last year Covestro doubled its polycarbonate production capacity to 400,000 tonnes per year at its Shanghai plant in China.
This year, it has announced the capacity to expand further to 600,000 tonnes per annum – which is expected to come on stream by 2019.
Covestro’s polycarbonate expansion is expected to meet strong customer demand for the material in APAC. The expansion will greatly help meet the rapidly growing demand for polycarbonate resins and blends particularly in China.
Covestro has huge presence in China and the new expansion is believed to be at an investment of over 3 billion Euros – although the company has not disclosed any number.
The Shanghai facility uses a technology that recycles process saltwater at the production site which is reused to produce chlorine and sodium hydroxide, two chemicals that are feedstock for polycarbonates.
More about polycarbonate production in Asia at CMT’s 15th Phenol/Acetone & Derivatives Markets on 6-7 March, 2018 in Singapore.
For more information, contact Ms. Grace at email@example.com or call +65 6346 9147.
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