“This is good news for the Tarragona site and our employees. Through our continued operations in Tarragona, we want to reliably meet our customers’ growth further on,” said Andrea Firenze, Managing Director of Covestro S.L. in Spain.
The continuous optimization of the production worldwide remains an important element of Covestro’s strategy. The aim is to operate the most efficient facilities when compared with competitors.
“The decision is a clear statement that we remain committed to the MDI market. We will investigate various options for additional MDI to cover the growing demand”, added Markus Steilemann, Head of the Business Unit Polyurethanes and Board Member for Innovation. In this context, Covestro is committed to its plans to increase MDI production at its German site in Brunsbüttel.
MDI is an important component in the manufacture of polyurethane rigid foam, which is amongst other applications used for effective building insulation and along the entire cold chain. The energy savings achieved lead to reductions in CO2 emissions.