- In September 2024, Avient Corporation announced the expansion of its NEU Custom Capabilities and NEUSoft TPU manufacturing for catheter applications at its Suzhou, China facility, aligning with its participation at Medtec China 2024. This expansion aims to enhance responsiveness and foster closer collaboration with healthcare and medical device customers across the Asia-Pacific region, addressing the growing demand for medical materials. The company’s efforts are expected to support the region's increasing medical material requirements
- In October 2023, Covestro AG expanded its production capacity for TPU films in the Platilon range at its Bomlitz site in Lower Saxony, Germany. The investment, amounting to a low double-digit million-euro figure, is intended to meet the rising global demand for multilayer TPU films used in various industries such as automotive, construction, wound care, and outdoor clothing. This investment demonstrates Covestro's commitment to fulfilling increasing market demands across multiple sectors
- In January 2023, Novoloop partnered with on to introduce the world’s first chemically upcycled TPU outsole in Cloudprime. This groundbreaking innovation marks a significant step towards sustainable practices in the footwear industry, offering an eco-friendly alternative to traditional TPU materials. The partnership is a key development in the advancement of sustainable TPU solutions
- In April 2022, Covestro began constructing new production facilities to expand its production capacities for thermoplastic polyurethane (TPU) films through its Platilon range. This strategic expansion will enable the company to meet the growing global demand for TPU films in various applications. The new facilities are expected to strengthen Covestro’s market position in the TPU film sector
