Covestro will start the construction of a new Thermoplastic Polyurethanes (TPU) APAC application development (AD) Center in Guangzhou in South China. It is the second investment announcement for TPU in quick succession: Just last year the company announced and started to build its largest TPU plant in the nearby coastal city of Zhuhai. To bring Covestro even closer to customers, the now announced AD center is designed to integrate technical acumen with innovative solutions and tailored services in key applications including films (PPF), specialty cables, consumer electronics, footwear and further extrusion and injection applications.

Construction is set to begin in late 2024, with the facility expected to become operational in 2025. The center will be outfitted with advanced equipment to address complex market demands and leverage local resources and networks to streamline talent and administrative management.

Source: Covestro