Aniline Market, By Application (Methylene diphenyl diisocyanate and Others), By End Uses (Insulation, Rubber Products, Consumer Goods, Automotive, Packaging and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
In October 2022, Covestro announced the construction of its new production facility with an investment of more than US$ 300 million to manufacture aniline in Antwerp, Belgium. The expansion strengthens its European production network for the foam component MDI. Covestro AG is a German company producing polyurethane and polycarbonate raw materials. Products include isocyanates and polyols for cellular foams, thermoplastic polyurethane and polycarbonate pellets, as well as polyurethane based additives used in the formulation of coatings and adhesives.
In December 2020, BASF SE completed the acquisition of Solvay's polyamide business, including aniline production facilities in Europe and Asia. BASF SE, an initialism of its original name Badische Anilin- und Sodafabrik, is a European multinational company and the largest chemical producer in the world.