Target Information

Covestro, a prominent German materials manufacturer, has entered into an agreement to acquire two production entities from Vencorex Holding SAS, a subsidiary of Thailand's PTT Global Chemical Public Company Limited. These entities specialize in the production of HDI (Hexamethylene Diisocyanate) derivatives and are located in Rayong, Thailand, and Freeport, USA. Previously associated with the French aliphatics specialist Vencorex, these sites are poised to significantly enhance Covestro's existing aliphatics production portfolio in both the US and the Asia-Pacific region.

This strategic acquisition aligns with Covestro’s commitment to its