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Covestro acquires Vencorex chemical plants in Thailand and Texas

This article was originally posted on Chemical Engineering Online.
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Summary
Covestro has completed the acquisition of two former Vencorex plants producing hexamethylene diisocyanate (HDI) derivatives in Rayong, Thailand, and Freeport, Texas, expanding its HDI-derivatives footprint and strengthening its ability to serve coatings customers in Asia and North America.

What impact do you expect this move to have on HDI supply, lead times, and pricing in these regions?

Covestro AG (Leverkusen, Germany) completed the acquisition of two former Vencorex production sites for hexamethylene dissocyanate (HDI). derivatives in Rayong, Thailand, and Freeport, Texas, USA. With the acquisition, Covestro expands its production footprint for HDI derivatives and reaffirms its commitment in two important regions, while strengthening its ability to serve customers in the coatings and […]

The post Covestro acquires Vencorex chemical plants in Thailand and Texas appeared first on Chemical Engineering.

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pat
Jul 3 at 5:00 PM
Freeport is a smart hub, but between HMDA supply swings and Gulf hurricanes, continuity is the real test; are they securing upstream HMDA/adiponitrile and hardening the site? Also hope they don’t rip out the legacy DCS too fast; controls integration is where these deals usually bleed uptime.

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