Covestro plans to further increase its global production capacity for polycarbonate (PC) specialty films to meet the rising demand in the Asia-Pacific region and worldwide. The company has started building new extrusion lines at the Map Ta Phut Industrial Park in Thailand. The films of the Makrofol® range are used primarily in identity documents, automotive displays, and electrical and electronic applications. The investment is in the higher double-digit million euro range, the completion is scheduled for 2025. A total of around 50 new jobs will be created.
"With this investment, we are strengthening our Solutions & Specialties segment and are committed to further expanding our growth businesses," says Sucheta Govil, Chief Commercial Officer of Covestro."At the same time, we are responding to an increasing demand and supporting the expansion of future technologies and industries."