Quality, Innovation and Sustainability: Covestro in Taiwan

UN Sustainable Development Goals

Covestro strongly supports the comprehensive and global approach of the UN Sustainable Development Goals. We want to do our part!

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Covestro MagicMaterial School

Covestro launched its MagicMaterial School in Taiwan to integrate chemistry into the life of hearing impaired students and help them build their confidence.

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Ocean Protection Storytelling Project

Collaborated with National Museums and Parks to raise the awareness of plastics recycling

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Covestro in Taiwan

Covestro is a leading producer of advanced polymers and high-performance plastics around the world. Our business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, electrical and electronics, construction as well as Sports and Leisure industries.

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About Covestro

Covestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, cosmetics and health, as well as in the chemical industry itself.

The company is committed to becoming fully circular and aims to become climate neutral by 2035 (scope 1 and 2).

News releases

Click here to view recent news releases from Covestro Taiwan.

  • Covestro Taiwan

    Sinomax debuts first low-carbon mattress using Covestro’s bio-attributed TDI

    ·        Debut comes a year after Covestro and Sinomax signed their first commercial contract on mass-balanced TDI ·        Bio-attributed TDI carbon footprint is 36 percent lower than fossil-based counterparts, thus helping to reduce CO2 emissions p…

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  • Global

    Covestro achieves EBITDA guidance despite looming recession

    Group Sales rise to EUR 4.6 billion (+7.3%)EBITDA of EUR 302 million (–65.0%)Net income total EUR 12 million (–97.5%)Free operating cash flow (FOCF) falls to EUR 33 million (–91.3%)Full-year guidance for 2022 narrowedFurther milestones on the path to…

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  • Diversity & Inclusion

    Winners of National Environmental Story Contest Announced

    Total entries: 658 children from 107 schools across Taiwan and its offshore islands took part in the competitionA total of 21,636 social media accounts cast 146,418 votes69 Judge Award Winners were chosen from 24 contest categories.

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  • Plastics

    Covestro decides to exit formulated polyether polyols business for the appliance industry in China, India and ASEAN

    Part of portfolio optimization for the ‘Tailored Urethanes’ Business EntityAppliance remains a key industry for Covestro, company will continue to supply high quality MDI for it 

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  • Corporate News

    Covestro invests in the production of more sustainable polycarbonates in Asia Pacific

    Capability to deliver over 60,000 tons per year of recycled polycarbonates annually by 2026 in region amid strong demandGroundbreaking on company’s first dedicated mechanical recycling production line in ShanghaiRepurposing of an existing production…

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  • Corporate News

    Solid performance and an increasingly challenging environment

    Group sales rise to EUR 4.7 billion (+18.9%)EBITDA of EUR 547 million (–33.0%) above own guidanceNet income totals EUR 199 million (–55.7%)Free operating cash flow (FOCF) falls to EUR –462 millionFull-year guidance 2022 adjustedContinued focus on the…

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  • Sustainability

    Covestro Taiwan Named a Finalist in the 2022 Gartner Communications Awards

    Covestro Taiwan announced today that its “MagicMaterial School” CSR program, the sole project from Taiwanese enterprise that was recognized by Gartner, a company that delivers actionable, objective insight to executives and their teams, by being nomi…

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  • Corporate News

    Covestro breaks ground on two new production facilities in Shanghai

    New lines for polyurethane dispersions and elastomers to meet rising demandTotal investment of a mid-double-digit million euro amountNew plants increase the scale of the largest production site of Covestro

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    Covestro, SK geo centric and Neste cooperate to create value chain for renewable attributed MDI in APAC

    Covestro, South Korean petrochemical company SK geocentric and Neste are cooperating to enable the production of a major polyurethaneraw material based on renewable raw materials via mass balance.

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    Covestro, Mitsui Chemicals, and Mitsui & Co., Ltd, complete first delivery of certified renewable raw materials in Asia

    ISCC Plus certified mass balanced phenol and acetone

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    Covestro signs first global agreement to supply mass-balanced TDI to Sinomax

    Further step in expanding circular portfolio

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    Fortescue Future Industries and Covestro announce plans to enter a long-term green hydrogen supply agreement

    Fortescue Future Industries intends to supply green hydrogen and its derivatives including green ammonia to Covestro.

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    Covestro pioneers the supply of renewable TDI

    Another milestone on the way to climate neutrality.

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    Covestro MagicMaterial School & Grandparent-Grandchild Science Camp Nominated for the US’s Renowned PR News Social Impact Awards

    Sole Taiwanese campaign finalists in all categories

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    Popular Choice Award Winners and Nominees of the Adventures of Young Planet Guardians Storytelling Competition Announced

    Revitalize Our Ocean with Love

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    Successful quarter in an increasingly volatile environment

    First quarter of 2022: Continuing high demand at the beginning of the year

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    Covestro will expand its Paint Protection Film (PPF) capacity in 2023

    • The expansion is planned for Covestro’s appointed PPF production site in Changhua
    • The new line will be ready by 2023 with dedicated capacity expansion to meet additional PPF demand
    • A multi-million USD investment project

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    Strong full year 2021 for Covestro

    Sustainable and profitable growth to a climate neutral future

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    Covestro supports circular material solutions for smartphones

    Cooperation with mobile phone manufacturer Fairphone.

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    Covestro is invited to National Taiwan University’s International Mentorship Program

    Keeping global talent in Taiwan.

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    Covestro delivers a keynote speech at the Online Seminar ”Sustainable Industrial Cooperation Between Taoyuan and Germany”

    Circularity of Engineering Plastics and a Low-Carbon Future

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    Covestro Global Energy Curing Innovation Center’s Open Ceremony at NCU

    One of Covestro’s Cutting-Edge R&D Centers

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    Covestro Appoints the New Managing Director of Taiwan

    Leading material manufacturer Covestro announced today the appointment of its new Managing Director of Taiwan, Dr. Carsten Wildebrand — the current Head of Specialty Films Plant Management in Dormagen, Germany — as of 1st July.

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    Covestro, the Biggest Winner of 2022 US PR News Social Impact Awards

    Received a total of 8 awards out of 28 categories

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    Covestro aims for climate neutrality

    Further milestone in becoming fully circular

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    Brighter Minds for a Brighter World 💕, Registration is Now Open for the National Environmental Story Competition!

    Nearly 1250 Prizes, Including 60 Jury Awards.

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    Covestro releases new design trend reports on Color, Material and Finish

    The 2022-2023 CMF Design Trend Reports cover automotive, and electronics & electrical and healthcare sectors

Working at Covestro Taiwan

240 employees in Taiwan deliver high-tech materials and sustainable solutions to customers across Asia-Pacific markets.


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