- Investment exceeds EUR 45 million for new technical center and production plant.
- EUR 10 million invested in Leverkusen test center for polyurethane foam.
- EUR 35 million spent on multipurpose plant for HDI and IPDI production.
- Global polyurethane market expected to grow at 5% annually.
Investment and Expansion
With an investment exceeding EUR 45 million, Bayer MaterialScience has expanded its production capacity and enhanced its technical center at its Leverkusen headquarters. This includes the addition of ultra-modern machines and systems for the development of premium foams and a new production plant for coating raw materials.
Technical Center for Polyurethane Foam
The company has invested over EUR 10 million in a new test center dedicated to polyurethane foam. This facility is equipped with the latest machines, enabling high efficiency and productivity in product development. Polyurethane foam is crucial for insulating buildings, refrigeration systems, and making automotive components lighter and more fuel-efficient.
Multipurpose Plant for Coating Raw Materials
To meet the growing demand in the global market for coating and adhesive raw materials, Bayer MaterialScience has constructed a multipurpose plant in Leverkusen. This plant, which cost EUR 35 million and took a year and a half to build, can produce HDI and IPDI precursors based on polyurethanes. The production process is designed to be environmentally compatible and highly efficient.
Market Growth Projections
The global polyurethane market is expected to grow at an average annual rate of about five percent in the medium to long term. Similarly, the market for coating and adhesive raw materials is projected to increase by roughly four percent per year. These expansions and investments position Bayer MaterialScience to meet rising demand and maintain its competitive edge.
