Covestro cuts polycarbonate production in Europe

Heat resistant polycarbonate mask

Source: © Covestro

Decision attributed to high costs, weak demand and international competition

Polymer producer Covestro plans to close three of its four polycarbonate production lines at its site in Antwerp, Belgium, and stop producing polycarbonate precursor bisphenol-A. The decision affects up to 260 of the 970 staff at the site – mostly in production and support roles.