Former Bayer MaterialScience - the world's leading high-tech polymer materials supplier Covestro announced on Monday in Leverkusen, Germany: its Tarragona plant in Spain will begin production after 2020, the plant has been closed down A total of 200 million euros of investment funds will be obtained for the establishment of a chlorine product line to increase the production capacity of the hard plastic precursor diphenylmethane diisocyanate (MDI).
Due to increasing demand for insulating materials in the market, Covestro announced in March that it would postpone the closure of the plant in Tarragona. Patrick Thomas, President of Covestro said that by increasing production capacity and building chlorine product facilities, the Spanish plant The future can become a more efficient and competitive part of the supply chain.
