LEVERKUSEN, Germany (Dec. 10, 2010)—Bayer MaterialScience A.G. plans to double its production capacity for the polyurethane curative methylene diphenyl diisocyanate at a site in Shanghai.
The expansion is part of a $1.322 billion investment the firm announced that will significantly expand capacity for polycarbonate at the site. The company also is relocating its polycarbonates business unit from Leverkusen to Shanghai.
Capacity for MDI at the complex will grow to 1 million metric tons a year, and for high-performance polycarbonate to 500,000 metric tons per year, Bayer MaterialScience said. The firm said it is moving its polycarbonate headquarters to Shanghai to ensure greater proximity to the market in Asia.
In Shanghai, Bayer plans to build a new MDI plant with capacity of 500,000 metric tons annually. It also intends to expand capacity of its present MDI facility from 350,000 metric tons to 500,000 metric tons.