Click here to view recent news releases from 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…
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…
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.
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…
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…
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…
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
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.
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
Covestro signs first global agreement to supply mass-balanced TDI to Sinomax
Further step in expanding circular portfolio
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.
Covestro pioneers the supply of renewable TDI
Another milestone on the way to climate neutrality.
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
Popular Choice Award Winners and Nominees of the Adventures of Young Planet Guardians Storytelling Competition Announced
Revitalize Our Ocean with Love
Successful quarter in an increasingly volatile environment
First quarter of 2022: Continuing high demand at the beginning of the year
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
Strong full year 2021 for Covestro
Sustainable and profitable growth to a climate neutral future
Covestro supports circular material solutions for smartphones
Cooperation with mobile phone manufacturer Fairphone.
Covestro is invited to National Taiwan University’s International Mentorship Program
Keeping global talent in Taiwan.
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
Covestro Global Energy Curing Innovation Center’s Open Ceremony at NCU
One of Covestro’s Cutting-Edge R&D Centers
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.
Covestro, the Biggest Winner of 2022 US PR News Social Impact Awards
Received a total of 8 awards out of 28 categories
Covestro aims for climate neutrality
Further milestone in becoming fully circular
Brighter Minds for a Brighter World 💕, Registration is Now Open for the National Environmental Story Competition!
Nearly 1250 Prizes, Including 60 Jury Awards.
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