Covestro media center

Covestro Taiwan Receive End Covid Medal from CDC

Bring Back Happy Childhood Memories – 2023 Covestro Grandparent-Grandchild Science Camp

Designed by Golden Tripod Award winner Professor Liang-Rong Hsu, and his team member Tiffany Chen, the camp aims to foster children’s passion for science, bridge the generation gap, and encourage elders to stimulate their minds. Registration deadline…

Covestro gets off to better-than-expected start in 2023

Group Sales of EUR 3.7 billionEBITDA of EUR 286 million far surpasses expectationsNet income totals EUR –26 millionFree operating cash flow of EUR –139 millionQ2 2023: EBITDA between EUR 330 million and EUR 430 million expectedFull-year guidance adju…

Covestro expands its range of more sustainable polycarbonates

Introduction of a grade with 90 percent recycled contentClimate neutral1 polycarbonates with up to 89 percent sustainable shareCollaboration with Jabra on Evolve2 headset

Covestro polyurethane resin earns commercial material certificate in solar energy from TÜV Rheinland

Covestro to offer GMP grade TPU in Asia Pacific

Company now provides products for food contact and healthcare applications in the Asia-Pacific region that meet the high-quality and safety standards of ‘Good Manufacturing Practice’ (GMP)Products will be offered under Desmopan® GMP brand nameCompany…

Covestro Taiwan Received PR News 2023 Social Impact Award

Covestro launches new ultra-durable material solution for healthcare and life sciences

Makrolon® 3638 polycarbonate is engineered to meet rigorous standardsMaterial offers a unique combination of properties that are maintained over a wide temperature rangeIt underscores the commitment of Covestro to developing innovative material solut…

Covestro announces preliminary results for fiscal year 2022

Covestro awarded for transparency on climate protection measures

Group again receives excellent CDP “A-” ratingRanking confirms strong climate strategy and transparencyTop score achieved in four categories

The Mass Balance TPU From Covestro's Changhua Site Advances Chaei Hsin's Shoe Materials to its Circular Goal

·   The Changhua Site has obtained ISCC Plus certification in this April for mass balance production ·   Covestro has supported its client in Taiwan, Chaei Hsin, to reach the circular goal with a more sustainable TPU solution, maintaining the product…

Covestro Taiwan was invited by Ministry of Economic Affairs to share CSR Best Practice

Covestro Taiwan will close the Linyuan site in the first half of 2023

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 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 

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 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.

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

Revitalize Our Ocean with Love

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

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

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

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

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

Received a total of 8 awards out of 28 categories

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

Keeping global talent in Taiwan.

Successful quarter in an increasingly volatile environment

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

Strong full year 2021 for Covestro

Sustainable and profitable growth to a climate neutral future

Covestro aims for climate neutrality

Further milestone in becoming fully circular

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

Sole Taiwanese campaign finalists in all categories

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

Nearly 1250 Prizes, Including 60 Jury Awards.

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

Further step in expanding circular portfolio

Covestro pioneers the supply of renewable TDI

Another milestone on the way to climate neutrality.

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 supports circular material solutions for smartphones

Cooperation with mobile phone manufacturer Fairphone.