Covestro officially inaugurated this Tuesday its new chlorine plant in Tarragona. Announced repeatedly in recent years, the jubilation of the chemical company is fully justified in the face of the investment of about 200 million euros made and the sweet moment in which it arrives, with high prices and a reasonably receptive market. The Tarragona plant will guarantee an independent supply of chlorine for the firm, with innovative technology and presumably high productivity-profitability ratios. It is the first industrial-scale chlorine production plant to use ODC technology, which allows more efficient use of energy. The installation supposes the creation of fifty jobs.
Wishing to make the investment profitable in terms of image, Covestro organized an inauguration ceremony this Tuesday in Tarragona chaired by the President of the Generalitat, Pere Aragonés. Andrea Firenze, general director of Covestro in Spain, has recognized that the opening of the new chlorine plant opens “a new stage in Tarragona”, which becomes an obligatory reference for the group on a global scale.
The new plant allows Covestro Tarragona have a cheaper, independent and permanent supply of chlorine and caustic soda. Both chlorine and caustic soda are two essential elements for the chemical industry, as well as being a key raw material for many other strategic sectors. The chlorine supply will help bolster the production of MDI from Covestro in Tarragona, and also to strengthen the company’s European MDI production network. MDI is a precursor for the manufacture of rigid polyurethane foam used to insulate refrigeration appliances and buildings, among many other applications. In 2019, the global MDI market had a volume of close to 7,500 kilotonnes, and it is a segment that is expected to continue to grow in the long term. Likewise, the production of caustic soda from the plant will be destined for the Iberian and European markets.
Covestro supplies customers around the world in key sectors such as mobility, construction and housing, as well as in the field of electricity and electronics. In addition, Covestro’s polymers are also used in sectors such as sports and leisure, cosmetics and health, as well as in the chemical industry itself. Covestro generated sales of around €15.9 billion in fiscal year 2021. At the end of 2021, the company had 50 locations around the world and employed around 17,900 people (calculated based on full-time jobs). complete).
In Spain, Covestro It has four production centers that currently employ more than 500 people. In Tarragona it has an MDI production center, a necessary precursor to produce polyurethane foams; a chlorine and caustic soda production plant; a logistics center for the distribution of hydrochloric acid; and infrastructures available to other companies in the Chemical Park. The Barcelona center (Zona Franca) is dedicated to the manufacture of resins for coatings and adhesives, whose final application sectors are the automotive, textile, wood and construction industries, among others. In Barcelona, Covestro also houses a product development center for wood coatings and the marketing units of the Coatings & Adhesives and Engineering Plastics divisions. In Parets del Vallès it has a center for the production and sale of acrylic and polyurethane resins for use in coatings, adhesives and other specialties. In Santa Margarida and Els Monjos, it produces and markets polyester resins (in flakes) for use in coatings. The three centers of the coatings and adhesives division in Spain now operate entirely with electricity from renewable sources.
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