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Bayer MaterialScience to Double MDI and PC Capacity at Shanghai

4:44 AM MST | December 9, 2010 | Ian Young

Bayer MaterialScience plans to invest about €1 billion by 2016 to increase capacity at its manufacturing complex at Caojing, China near Shanghai. Capacities for methylene di-para-phenylene isocyanate (MDI) and polycarbonate (PC) will be more than doubled to 1 million m.t./year and 500,000 m.t./year, respectively. Bayer MaterialScience also intends to strengthen significantly its R&D capabilities at Caojing, and relocate the headquarters of its PC business unit from Leverkusen to Shanghai. "The intention is to ensure even greater proximity to the...

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