Covestro announced plans to close three of its four polycarbonate (PC) production lines at Antwerp, Belgium, and shut the siteu2019s bisphenol A (BPA) plant. The company cited persistent overcapacity in Asia and elevated European energy costs that have rendered current PC operations at the site u201ceconomically unsustainable.u201d The restructuring could affect up to 260 of the siteu2019s 970 employees. The remaining PC line will be converted to specialty products. Covestro said its PC business has recorded losses since 2022.
Source: Covestro / Process Industry Online
