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News Covestro breaks ground on Euro300m Antwerp aniline plant construction

Covestro breaks ground on Euro300m Antwerp aniline plant construction

Written by Global Insulation staff
14 October 2022
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Belgium: Germany-based Covestro has broken ground on the construction of a new Euro300m aniline plant in Antwerp. The plant will supply aniline for methyl diphenyl diisocyanate (MDI) production in the region. Forecasts cited by the chemicals producer posit global annual MDI demand growth of 6% into the medium-term future.

Covestro's chief technology officer Klaus Schafer said “Even in challenging times, we must not lose sight of our goals. With the expansion of our aniline production, we are addressing the further increase in demand from our customers for energy-efficient insulation." He added “By using state-of-the-art technology, we are increasing the energy efficiency of production, and thereby the competitiveness, of the Antwerp site.”

Published in Global Insulation News
Tagged under
  • Covestro
  • Belgium
  • investment
  • Consumption
  • demand
  • MDI
  • EU
  • aniline
  • growth
  • costs
  • markets
  • Chemicals

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