Polymer manufacturer Covestro started up several new coextrusion lines at its Dormagen, Germany production facility, expanding its global capacity for specialty film products, the firm said in a release Friday.
The addition of the new assets at the plant is part of an investment of more than €100 million, or about $120.5 million, to increase its global capacity for films. Covestro’s new lines will create about 30 new jobs at the Dormagen site.
“With this expansion in capacity, we are strengthening our Dormagen site as a production and competence center for specialty films,” Dr. Klaus Schäfer, the company’s chief technology officer, said in a statement. “At the same time, we are investing in future-oriented technologies and applications.”
New lines will be used primarily to manufacture multilayer flat films, which are used in medical technology, car interiors, anti-counterfeiting technology, and other applications.
“Our new production lines are equipped with state-of-the-art technology,” said Dr. Thorsten Dreier, global head of Covestro’s Specialty Films and Thermoplastic Polyurethanes business, in the release. “That’s why we can now supply our customers faster and with higher quality. We also want to improve our development work and bring new products to market faster.”
Covestro’s competence center contains production, a technical center for film processing, a showroom, and research labs.