HOUSTON (ICIS)--Bayer has purchased DuPont’s aniline facility in Baytown, Texas, the German producer announced on Monday.
Financial terms of the deal were not disclosed.
Aniline is a feedstock used to manufacture methylene diphenyl diisocyanate (MDI), a chemical used to produce rigid polyurethane foams for insulation in the construction industry, as well as coatings, adhesives, sealants, elastomers and binders.
“North America is poised for strong MDI growth driven by recovery in the construction market, energy code advancement and home comfort trends,” said Craig Caputo, vice president – polyurethanes regional product manager for Bayer. “This strategic acquisition positions Bayer to meet this growing demand while further strengthening our leadership in the polyurethane industry.”
Bayer’s Baytown facility has MDI capacity of 300,000 tonnes/year, toluene diisocyanate (TDI) capacity of 220,000 tonnes/year and polycarbonate (PC) capacity of 260,000 tonnes/year, according to the ICIS plants and projects database.
Bayer has invested about $120m on the plant in the last two
years, working on improvements to processes, reliability,
quality and the environment, the company said.