Covestro to build its largest TPU production base in China

German chemical giant covestro announced on the 23rd that it will invest hundreds of millions of euros to build its largest thermoplastic polyurethane (TPU) production base in Zhuhai, Guangdong Province, which is also the largest investment project in the company's TPU business.

The new base is located in the Zhuhai Gaolanang economic zone. When it is completed in 2033, it will have an annual production capacity of nearly 120,000 tons of TPU, covering a total area of about 45000 square meters. The project will be built in three stages. The first phase is planned to invest tens of millions of euros, and the machinery is expected to be completed by the end of 2025, with an annual production capacity of about 30,000 tons. The production base will be equipped with an innovation center to work with customers to accelerate product development and formula adjustment.

According to reports, TPU has many properties and a wide range of applications, including electronic devices such as sneaker soles, floor-sweeping robots, intelligent speakers and mobile phone cases, as well as various automotive applications.