Covestro to Add Polycarbonate Capacity in China Again
German materials company Covestro AG has announced plans to further increase polycarbonate production capacity at its plant in Shanghai, just months after an earlier expansion was launched at the site.
The company doubled its PC production capacity at the facility to 400,000 metric tons per year in October.
The new investment will see the total capacity increase to 600,000 tonnes per year, the Leverkusen-based company announced May 16.
The added capacity will be achieved through debottlenecking of production lines and is in response to “strong customer demand” for polycarbonates in the Asia-Pacific region, Covestro said.
The expanded capacity is expected to come on stream at the beginning of 2019.
“The expansion is essential to satisfy the growing demand,” said Chief Technology Officer Klaus Schaefer.
According to Michelle Jou, global head of Covestro´s polycarbonates segment, “there is a rapidly growing demand for polycarbonate resins and blends, in particular in China.”
Segments including electronics, healthcare and automotive are Covestro’s key customer industries in that region, Jou added.
Covestro, which is already heavily invested in China, did not disclose financial details of the expansion plant, but it is thought to be part of its multi-year 3 billion euro ($3.3 billion) investment program for the Shanghai site.
Shanghai, home to Covestro’s global headquarters for PC, is claimed by Covestro to be “the largest production center for polycarbonate resins in the world.”
The facility features a technology to recycle process saltwater at the production site. This is used again to produce chlorine and sodium hydroxide, two chemicals that are needed as raw materials for PC.
“By using our innovative recycling process technology we safeguard our high level of cost efficiency”, concluded Schaefer.
2026-10-17
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Covestro Introduces Desmodur® ClimateValue to Cut pMDI Carbon Footprint by 25%
-
Three Major Indian Chemical Investments Target China's PC Exports
-
Multiple Chemical Industry Leaders Post Strong H1 Earnings Growth as Sector Profitability Revives
-
Covestro CEO: The EU Must Decide Which Industries to Protect, or Energy-Intensive Sectors Will Move Out
-
Covestro Builds New 660,000-ton MDI Plant in China: Global Supply Gap Meets Chinese Overcapacity Head-On
-
BASF, Covestro, Huntsman Raise MDI Prices in North America Amid Global Supply Crunch
-
Covestro Unveils TPU Application Development Hub in Guangzhou, Strengthening Regional Innovation Network
-
Vietnam Drives ASEAN Towards a Modern Economy
-
Indonesia Forges a Green Future for Its Highly Dynamic Packaging & Automotive Industries
-
Three-Phase Plan for 120,000 Tons! “TPU King” Zhuhai Makes Its Move—Covestro’s New Plant Signals Not Just Capacity Expansion but a Full-Scale Upgrade in the Asia-Pacific Market Battle
Recommend Reading
-
Evonik to Cut 3,200 Jobs Globally as Restructuring Deepens Across German Operations
-
Givaudan to Build New Fragrance Compounding Facility in Pedro Escobedo, Mexico
-
INEOS Shuts Down Europe's Last World-Scale Acetyl Production Facilities
-
“Falling Revenue, Soaring Profits”: Is AkzoNobel’s Financial Alchemy Real Muscle—or Just Smoke and Mirrors?
-
Middle East Capital Moves In: SABIC Plans RMB 33 Billion Stake in Rongsheng Petrochemical
-
Remote Cost Values Plunge, PC Prices Drop from High Levels
-
Chinese Urea Market Prices Show Weak Decline (9.16-9.22)
-
Moving Average Bearish Signal Strengthens—Acrylic Still Has Downside Potential in the Future
-
Business Society September 24, 2026 Aniline Trend Analysis: Rising from High Levels
-
Urea Market Prices Decline in the First Week After the Holiday (May 1–May 12)