Covestro will expand its Paint Protection Film (PPF) capacity in 2023
- The expansion is planned for Covestro’s appointed PPF production site in Changhua
- The new line will be ready by 2023 with dedicated capacity expansion to meet additional PPF demand
- A multi-million USD investment project
Today Covestro has announced that it will significantly expand its Paint Protection Film (PPF) capacity at the international company’s sole PPF production site in Changhua, Taiwan. With an investment amount of multi-million USD, the expansion will be ready by 2023 with dedicated capacity for PPF and R&D facilities to meet the increasingly high demand in the speciality automotive sector. The Changhua site has just received an ISCC Plus certificate permitting the production of mass balance TPU.
Covestro is one of the biggest international TPU suppliers of PPF. Using PPF in car coating is the latest sustainable trend to replace the traditional PVC (polyvinyl chloride) solution which have been used for decades. PPF is more sustainable as it is recyclable. In addition to this, PPF solutions also offer better performance in terms of physical properties and chemical resistance, providing car coating with superior weathering resistance, greater transparency and excellent physical strength. Furthermore, PPF solutions can bear most of the impact from small rocks, dust, and chemical substances such as acid rain.
“With our very strong R&D center, customers benefit from individual support to find the ideal solution for their occasions based on special requests from downstream partners.” Daniel Li, Senior Sales Manager of TPU China of Covestro.
“The consistent high product quality and knowledge that Covestro has can really help customers and the whole value chain partners,” said Mr. Lin Xiao, General Manager of Nantong NKODA Polyurethane Technology Co., Ltd. “The move of increasing PPF production at the Changhua site can speed up the process of providing products to the market.” The location of the site also has the added advantage of ensuring speedy service to the Mailand China market, one of the most prominent, due to it’s proximity. The Desmopan® 88395AU PPF series provides more sustainable, high-performance surface protection to car parts via multilayer paint protection film made from high-performance TPU which strengthens car paint and reduces the necessity to frequently re-apply it. The solution also offers better long-term durability, lasting five to ten years compared to the one to two years lifecycle of traditional PVC solutions.
“Via the investment Covestro provides a full package PPF solution for car part customers including applications for films and coatings.” Ryan Lin, Expert of Business Development, TPU APAC.
“With extensive experience and a long track record in the TPU industry, we believe this investment will bring further benefit to our key customers and also the end-user customers, contributing to the goal of being a reliable supplier,” said Calvin Chen, Covestro Changhua Site Manager. The Changhua site has recently received an ISCC Plus audit for the production of aromatic TPU. In addition to producing aliphatic TPU-based PPF, it is also the company’s appointed bio-based polyol TPU production site as well as the largest APAC TPU production site equipped with an APAC TPU RD center. The copyright of the images belong to ACMT.
More information about PPF solution:
Covestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are used in sectors such as sports and leisure, cosmetics and health, as well as in the chemical industry itself.
The company is committed to becoming fully circular and aims to become climate neutral by 2035 (scope 1 and 2). Covestro generated sales of around EUR 15.9 billion in fiscal 2021. At the end of 2021, the company had 50 production sites worldwide and employed approximately 17,900 people (calculated as full-time equivalents).
Find more information at www.covestro.com
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This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.