en.Wedoany.com Reported - Covestro has completed the acquisition of two former Vencorex HDI derivatives production sites in Rayong, Thailand, and Freeport, Texas, USA. This move expands Covestro's production footprint in HDI derivatives and strengthens its commitment to these two key markets. Following the acquisition, Covestro's ability to serve customers in the coatings and adhesives industry has been enhanced.

HDI (hexamethylene diisocyanate) derivatives are key raw materials for high-performance polyurethane coatings, adhesives, and sealants, widely used in automotive coatings, infrastructure protective coatings, marine coatings, wooden furniture, electronics, and other demanding industrial applications.

Thomas Roemer, Head of the Coatings & Adhesives business unit at Covestro, stated that by adding new plants in Thailand and the United States, the company has strengthened its regional production capabilities and enhanced its ability to supply from locations close to customers. He emphasized that reliable supply, regional availability, and technical expertise are crucial for customers, especially in a challenging market environment, and this acquisition helps the company better meet these needs.

Monique Buch, Chief Commercial Officer at Covestro, added that strong customer relationships are built on trust, reliability, and the ability to continuously create value. This acquisition strengthens the company's positioning in the relevant business, and customers can rely on Covestro's consistent quality, regional supply capabilities, and application expertise.

The additional capacity will enhance Covestro's ability to respond to customer needs while supporting the long-term growth of high-performance and more sustainable coatings and adhesive applications.