Covestro announces more MDI capacity at Baytown, Texas site

摘要

Baytown, Texas - Covestro's board has approved €1.5bn to build 500 kT/year MDI capacity at its site in Texas, taking its NAFTA MDI capacity to 740 kT/year. This is the largest single investment since the company was spun out of Bayer. Production is expected to start in April 2024. While expanding, the company is also taking the opportunity to shut a small 90 kT/year plant at the site.