SUPPLY CHAIN
said Michelle Jou , President of Covestro ’ s Polycarbonates Business Unit . “ In 2017 Q1 , we have recorded strong growth of 14.7 % in core volumes year-onyear , mainly because of greater demand from the automotive and electrical / electronic industries . This is very encouraging .” Polycarbonate is a premium lightweight plastic combining a variety of properties such as being durable and freely formable . It is used in various applications including laptops , smartphones , medical devices , automotive parts and stadium roofs . Covestro markets the material in the form of granules , semi-finished products or blends with other plastics . The burgeoning demand for polycarbonates in the Asian market has led Covestro to unveil plans to significantly expand the production capacity of its Shanghai site to 600,000 tons per year , having only recently expanded up to 400,000 tonnes . This extremely rapid development is bringing the value of Covestro ’ s investment into this site up to $ 3bn , showcasing its commitment to the Chinese market and the organisation ’ s strong global
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