Covestro increases TPU capacity in North America
Covestro announced that it will expand its thermoplastic polyurethane production capacity in North America by 25 % by debottlenecking its New Martinsville, WV, USA, manufacturing facility. The additional capacity is expected to come online in the second quarter of 2018.
According to Covestro, the investment signifies the strategic importance of TPU in the company’s overall portfolio. As the demand for TPU rises both in North America and globally, the additional capacity will allow Covestro to continue to support the growth of its customers as well as explore new market opportunities, the company said.
“We are very enthusiastic about the expansion of capacity in North America,” said Marius Wirtz, Global Head of TPU. “This aligns with our expansion activities in other regions and is a sign of our commitment to this innovative and versatile polymer.”
Covestro’s TPU investment will expand production of its Texin line, which is used in diverse extrusion and injection moulding applications.