News

Growth in India

New production facility for Desmodur polyisocyanates

Bayer MaterialScience will invest some €20 million in a new aromatic and aliphatic polyisocyanate manufacturing facility in India as part of its strategy to grow its business in that country and strengthen its position as a market leader in the supply of polyurethane raw materials. The new plant in the northwestern state of Gujurat is due on stream in 2011.

“This investment underlines our commitment to India and the region. Despite the current weakness of the global economy, we are convinced that India holds great promise for sustainable market growth,” says Dr. Joachim Wolff, head of the Coatings, Adhesives, Specialties business unit.

The facility will produce Desmodur® polyisocyanates, which are used as raw materials for the formulation of a variety of polyurethane coatings, adhesives and sealants.