Bayer MaterialScience AG (Leverkusen, Germany; www.materialscience.bayer.de) plans to complete construction next year of a new production facility for hexamethylene diisocyanate (HDI) in Caojing, China, with a planned capacity of 50,000 metric tons per year (m.t./yr).
2016 will also see capacities for polyurethane dispersions (PUD) expanded at the company’s Dormagen, Germany site. Over the next few years, plans for Caojing include an expansion of PUD capacities – until 2017 – and a new production facility for isophorone diisocyanate (IPDI).
Market-driven innovations are a key factor contributing to future growth. “Through partnerships with customers along the value chain, we have acquired detailed knowledge about needs and trends in key customer industries,” explained Daniel Meyer, Head of the Coatings, Adhesives, Specialties Business Unit and member of the Executive Committee of Bayer MaterialScience. “We then develop custom solutions for these markets.” By so doing, the company enhances the competitiveness of its customers. Furthermore, new applications and technologies – also outside the coatings and adhesives industries – are playing an increasingly important role.