
Covestro to Build its Largest TPU Site in China
German engineering plastics producer Covestro has decided to build its largest-ever thermoplastic polyurethanes (TPU) site at Zhuhai, China.
German engineering plastics producer Covestro has decided to build its largest-ever thermoplastic polyurethanes (TPU) site at Zhuhai, China.
With merger clearance granted by India this week, nothing now stands in the way of plans by German chemical producer Lanxess and private equity investor Advent International to create a 40:60 joint venture for high performance engineering plastics with annual sales of around €300 million.