Covestro has completed the acquisition of two former Vencorex production facilities in Rayong, Thailand, and Freeport, Texas, strengthening its global footprint in HDI derivatives used in high-performance coatings and adhesives.
The deal, finalized on July 1, 2026, expands the company’s regional production network across Asia and North America, aiming to improve supply reliability for customers in industries ranging from automotive and infrastructure to marine, electronics, and wood furniture.
HDI derivatives are key building blocks in polyurethane-based coatings, adhesives and sealants, widely used in demanding industrial environments.
'By adding these sites in Thailand and the US, we are strengthening our regional production capabilities and improving our ability to supply customers from locations close to them,” said Thomas Roemer, Head of the Business Entity Coatings and Adhesives at Covestro.
“Reliable supply, regional availability and technical expertise are critical for our customers, especially in a challenging market environment. This acquisition helps us deliver even better on those needs.”
The newly acquired facilities complement Covestro’s existing production network across Europe, Asia, and North America, increasing capacity and responsiveness as demand grows for high-performance materials.
"Strong customer relationships are built on trust, reliability and the ability to deliver value over time,” said Monique Buch, Chief Commercial Officer of Covestro. “This acquisition strengthens our position in a business where customers count on us for consistent quality, regional supply and application expertise.”
Covestro said the move follows earlier acquisitions and continued investment in organic growth, reinforcing its focus on the coatings and adhesives sector.
