Covestro Acquires Vencorex Sites in Thailand and the U.S.

On July 1, 2026, Covestro completed the acquisition of two former Vencorex production sites for HDI derivatives in Rayong, Thailand, and Freeport, Texas, USA. With this acquisition, Covestro is expanding its production footprint for HDI derivatives. At the same time, the company is strengthening its ability to supply customers in the coatings, adhesives, and sealants industries with greater flexibility and reliability. HDI derivatives are essential building blocks for high-performance polyurethane coatings, adhesives, and sealants. They are used in a wide range of applications, including automotive coatings, protective coatings for infrastructure, marine coatings, furniture and wood coatings, electronics, and other demanding industrial applications. “By adding these sites in Thailand and the U.S., we are strengthening our regional production capacities and improving our ability to supply customers from locations near them,” said Thomas Roemer, head of the Coatings and Adhesives business entity at Covestro.

Covestro’s production sites are being expanded

The two sites complement Covestro’s existing production network for HDI derivatives in key regions, including Europe, Asia, and North America. The additional capacity further strengthens Covestro’s ability to respond to customer demand and support long-term growth in high-performance and more sustainable coatings, adhesives, and sealants applications. Monique Buch, Chief Commercial Officer at Covestro, says: “This acquisition strengthens our position in a business where customers rely on consistent quality, regional supply, and application expertise.” The acquisition follows Covestro’s earlier acquisition of DSM’s Resins & Functional Materials business unit, as well as ongoing investments in organic growth.