· Meet China Correct Growing demand for polycarbonate film
· 2018 year Before the bottom Plate production line shutdown
· Special film production Then start
· Production staff will retain
German material manufacturer Covestro will start the production of polycarbonate special film at the Guangzhou base. The existing polycarbonate sheet production line will be shut down or transformed, replaced by advanced special film production lines. Polycarbonate special film is widely used. Used in mobile phone casings, passports and other security cards and automobiles, these industries are growing strongly in China.
Markus Mingenbach, Asia Pacific Director of Costron's Specialty Films business, said: 'By transforming Guangzhou from sheet metal into a special film production base, we have several advantages. First, we don't need to invest in new infrastructure and assets to build a new plant. To meet the growing customer demand; secondly, the new production line will continue to rely on these highly skilled and experienced sheet production line employees. This enables us to increase production quickly and efficiently to meet customer needs.'
For Covestro's special film business, the strategic investment in taking over the Guangzhou plant is significant. This will drive business growth and better serve customers in China and the Asia Pacific region, while also adhering to the value proposition of trust, service and innovation. Base, special film business will enhance the service level in this important market and consolidate its position as an ideal partner for customers.
In March of this year, Covestro announced the divestiture of the global polycarbonate sheet business. The first step was to sell the US Sheffield plant, while the stripping plan for sheet factories located in China, Europe, the Middle East and Africa was under study. Guangzhou factory The transformation plan marks a further step forward in the divestiture plan and will support Covestro's strategy of continuously optimizing its business portfolio and focusing on its core business.
About Covestro:
Covestro is one of the world's largest polymer producers with sales of €14.1 billion in 2017. Its business scope is focused on the manufacture of high-tech polymer materials and innovative solutions for many everyday applications. R&D. The main service areas cover automotive, construction, wood processing and furniture, electrical and electronics, and other areas including sports and leisure, cosmetics, medical and chemical industries. By the end of 2017, Covestro has 30 production sites worldwide. , about 16,200 employees (calculated by full-time employees).