Leverkusen, Germany -- Bayer MaterialScience announced 20 Jan 2011 that has begun to build a multipurpose plant for polyurethane coating raw materials at Chempark Leverkusen.
The plant will make the isocyanates hexamethylene diisocyanate (HDI) and isophorone diisocyanate (IPDI), used primarily for high-quality and environmentally friendly automotive and industrial coatings. BMS is investing roughly Euro 35 million ($45.3 million) in this expansion, which it said also secures jobs. The plant is scheduled to come on stream in autumn 2013.
"Our company develops innovative and sustainable solutions as answers to global megatrends," said Bayer ceo Dr Marijn Dekkers in Leverkusen, 20 Jan, giving as an example "increasing mobility around the world, resulting in rising demand for high-performance automotive coatings."
The investment also is an example of Bayer's commitment to the Leverkusen site and the region. "At Bayer MaterialScience alone, we intend to invest at least Euro 700 million," over the next three years, added Dekkers.
"We must adjust our capacities accordingly if we are to meet the rising demand for coating and adhesive raw materials," commented Daniel Meyer, head of Bayer's Coatings, Adhesives, Specialties Business. "We are therefore making targeted investments in the individual regions in order to maintain or further expand our leading market position."
The new multipurpose plant will be integrated into existing HDI and IPDI production at Leverkusen, and uses modern process technologies for efficient production of both raw materials.
Applications for both raw materials include high-quality polyurethane coatings for automotive finishing, where demand is rising for high-performance, durable coatings that are also environmentally friendly. Bayer said it has innovative products based on HDI and IPD which enable low-solvent coatings to be formulated. The raw materials are also used in industrial coatings, textile coatings and adhesives.