by Suman Gupta
Gujarat, India, September 2024: Covestro (India) Private Limited, one of the leading manufacturers of high-performance polymers, today announced the inauguration of a state-of-the-art production facility at its Ankleshwar site in the state of Gujarat, India. The facility is the first of its kind in India and is a testament to Covestro India’s commitment to the “Make in India” initiative, bolstering local manufacturing capabilities and contributing to India’s position as a global manufacturing hub. It will manufacture a comprehensive range of Desmodur® ultra trimer products, used in automotive, construction, wooden furniture, consumer electronics and more. With it, Covestro aims at meeting the growing demand for high-performance and sustainable solutions in the Coatings & Adhesives industry across the Asia Pacific region. The first batch of Desmodur® ultra trimer product is slated for production in Q4 of 2024.
Desmodur® ultra trimer products are essential in the production of coatings and adhesives that offer exceptional durability and resistance to environmental factors like UV light, chemicals, and physical wear.
“This is great news for our local team and for our customers in the region. We are continuously investing in production capabilites in Asia to fortify our leading position in the Aliphatic Isocyanates business and provide high-quality products to our customers wherever they operate in the region”, said Thomas Roemer, Global Head of the Coatings and Adhesives Business Entity at Covestro.
“This new investment aims to enhance the localization of differentiated Desmodur® ultra trimer products, aligning with market trends for low VOC emissions, high performance, and improved efficiency in the coatings and adhesives industry”, said Anand Khot, Head of Coatings and Adhesives APAC at Covestro.
By establishing this production facility in India, Covestro not only strengthens its global supply chain but also reinforces its commitment to supporting the Indian government’s “Make in India” vision by creating jobs, promoting technology transfer, and contributing to the local economy.
This plant is the fourth dedicated Trimer facility of the company worldwide, now producing in China, Germany, the USA and India – underscoring the company’s dedication to serve customers wherever they are.
The project also demonstrates Covestro’s commitment to sustainable development. The technology selected for trimer production in Ankleshwar is designed to support sustainable manufacturing practices, significantly reducing carbon emissions. This aligns with the company’s goals on circularity and becoming climate neutral, contributing to making the chemical industry a driving factor of an ever more circular world.
About Covestro: Covestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself.
The company is committed to becoming fully circular. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.4 billion in fiscal 2023. At the end of 2023, the company had 48 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).
