Which two HDI derivative production sites has Covestro acquired, and where are they located?

Covestro has acquired two Vencorex production facilities for hexamethylene diisocyanate (HDI) derivatives—one in Rayong, Thailand, and the other in Freeport, United States.

What is the strategic rationale behind Covestro’s acquisition of these sites, according to the company?

According to Thomas Roemer, Covestro’s head of coatings and adhesives, the acquisition strengthens the company’s regional production capabilities and improves its ability to supply customers from locations close to them; the two sites will complement Covestro’s existing HDI derivatives production network in Europe, Asia, and North America.

Germany’s Covestro completes acquisition of Vencorex’s Thailand and US HDI sites

Jul 2, 2026

Covestro has completed the acquisition of Vencorex’s HDI derivative production facilities in Thailand and the US from PTT Global Chemical. The deal strengthens Covestro’s regional supply capabilities for polyurethane coatings and adhesives.

icis

2026-07-02

Germany’s Covestro completes acquisition of Vencorex’s Thailand and US HDI sites

2026-07-06

Covestro Expands HDI Derivative Production Capacity

Germany’s Covestro completes acquisition of Vencorex’s Thailand and US HDI sites

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