Acquisition Expands HDI Derivatives Capacity for Coatings and Adhesives Markets
Covestro, a global manufacturer of high-performance polymers and materials for coatings, adhesives, and other industrial applications, has acquired two HDI derivatives production sites in Rayong, Thailand, and Freeport, Texas.
According to the company, the additional facilities are intended to expand regional production capacity and improve supply flexibility for coatings and adhesives manufacturers across Asia and North America.
The two sites join Covestro’s existing production network for HDI derivatives in Europe, Asia, and North America. For formulators and manufacturers, the expanded footprint may provide greater access to regionally produced raw materials and additional supply options closer to their operations.
Thomas Roemer, Head of the Business Entity Coatings and Adhesives at Covestro, said the acquisition is intended to strengthen regional availability, supply reliability, and technical support for customers.
Covestro also stated that the added capacity will support demand for high-performance and more sustainable coatings and adhesive applications. Monique Buch, Chief Commercial Officer at Covestro, said the transaction reinforces the company’s ability to provide consistent quality and application expertise across key markets.