 "Covestro to invest Euro 20 mn for expansion of polycarbonate film production")
Covestro, formerly Bayer MaterialScience, will invest Euro 20 million for expanding production capacity of polycarbonate films at the Dormagen site in Germany. The company is constructing a new co-extrusion plant for high-quality, multilayer flat films, including the associated infrastructure and logistics. The plant is scheduled to come on stream in 2017. The products are used in security cards, automotive interiors, medical devices and displays.
“With this investment we are significantly expanding our films business. At the same time, we are expanding our range of tailored products, which offer added value along the entire value chain,” said Daniel Meyer, head of the coatings, adhesives and specialties segment.
Nina Schmarander, global head of Specialty Films at Covestro, added, “With the new plant, we are orienting ourselves more than ever on market trends and the rising demand for high-quality flat films. For us it is a further developmental step for multilayer film structures, such as those used for counterfeit-proof identity cards.”
Covestro offers a diverse range of polycarbonate and thermoplastic elastomer films for a wide variety of applications, as well as a range of high-quality specialty films. Development activities in Europe are managed by three competence centres in Germany at Dormagen, Leverkusen and Bomlitz.
Specialised on polycarbonate flat films, the centre in Dormagen is home to production, a technical centre for film processing, a showroom and two research laboratories, which have been totally re-equipped. The other two competence centres located in Leverkusen and Bomlitz are dedicated to film coating and thermoplastic elastomer films, respectively.
“With this investment we are significantly expanding our films business. At the same time, we are expanding our range of tailored products, which offer added value along the entire value chain,” said Daniel Meyer, head of the coatings, adhesives and specialties segment.
Nina Schmarander, global head of Specialty Films at Covestro, added, “With the new plant, we are orienting ourselves more than ever on market trends and the rising demand for high-quality flat films. For us it is a further developmental step for multilayer film structures, such as those used for counterfeit-proof identity cards.”
Covestro offers a diverse range of polycarbonate and thermoplastic elastomer films for a wide variety of applications, as well as a range of high-quality specialty films. Development activities in Europe are managed by three competence centres in Germany at Dormagen, Leverkusen and Bomlitz.
Specialised on polycarbonate flat films, the centre in Dormagen is home to production, a technical centre for film processing, a showroom and two research laboratories, which have been totally re-equipped. The other two competence centres located in Leverkusen and Bomlitz are dedicated to film coating and thermoplastic elastomer films, respectively.
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