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Monday, 3 July 2017

Covestro launches expanded film production facility in Germany




LEVERKUSEN, GERMANY: Covestro AG said that it is ready to start operations in a new production facility for high-quality, multilayered flat films at the Dormagen site. The total investment of around €20 million also includes the associated infrastructure and logistics.
The films are used in security cards, automotive interiors, medical devices and displays. Some 15 new jobs will be created to operate the coextrusion plant. 
“This investment represents a significant expansion of our films business and a boost to Dormagen’s position as a competence centre for high-quality films. Establishing the new film production plant is part of our ongoing series of investments in the Dormagen site,” said Dr Klaus Schafer, chief technology officer, responsible for production and technology.
Focusing on growing films business
Covestro offers a diverse range of polycarbonate and thermoplastic elastomer films for a wide variety of applications, as well as a range of premium speciality films. The new facility is a further developmental step for multilayer film structures. These play a key role in ID cards because security features can be embedded, thus providing the best possible protection from counterfeiting. 
“This enables us to meet the growing demand for high-quality flat films and align ourselves even better with market trends. At the same time, it expands our range of tailored products, which create added value along the entire value chain,” said Nina Schmarander, global head of the Speciality Films business at Covestro.

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