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                    <title><![CDATA[Covestro Press]]></title>
                    <link>https://www.covestro.com/press/</link>
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                    <lastBuildDate>Mon, 07 Sep 2026 20:16:33 +0200</lastBuildDate>
                    <pubDate>Wed, 28 Jan 2026 10:00:07 +0100</pubDate>
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                        <title><![CDATA[Covestro Press]]></title>
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                        <link>https://www.covestro.com/press/</link>
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                        <title>Covestro introduces innovative CQ-Configurator for real-time sustainable polyurethane foam design</title>
                        <link>https://www.covestro.com/press/covestro-introduces-innovative-cq-configurator-for-real-time-sustainable-polyurethane-foam-design/</link>
                        <guid>https://www.covestro.com/press/covestro-introduces-innovative-cq-configurator-for-real-time-sustainable-polyurethane-foam-design/</guid><pp:caseid>733896</pp:caseid><pp:summary><![CDATA[<ul><li class="ck-list-marker-bold" data-list-item-id="e5c7d4555febfdbc753e9978b42efb007"><span><strong>New digital Covestro tool allows to immediately assess and optimize CO₂ impact and attributed-sustainable material content for flexible and rigid PU applications</strong></span></li><li class="ck-list-marker-bold" data-list-item-id="ea6031073009bcca5fe365b85b5929278"><span><strong>Tool couples real-time, product-specific sustainability insights with Scope 3 translation based on third-party verified LCA data</strong></span></li><li class="ck-list-marker-bold" data-list-item-id="efe216f31b63bda9cd1ec6a712f8c80bd"><span><strong>Enables decision makers to meet increasing sustainability and Scope 3 requirements – no LCA expertise required</strong></span></li></ul>]]></pp:summary><pp:boilerplate><![CDATA[<p><strong>About Covestro:&nbsp;</strong><br>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, telecommunications and health, as well as in the chemical industry itself.<br><br>The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).<br><br><strong>Forward-Looking Statements&nbsp;</strong><br>This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.&nbsp;</p>]]></pp:boilerplate><description><![CDATA[<p>Covestro, a leading supplier of high-tech polymer materials, has launched the CQ-Configurator, a pioneering digital tool that enables polyurethane value chain partners to design more sustainable foam solutions based on Covestro environmental data. The application-first tool supports both flexible and rigid polyurethane foam applications — from mattresses to insulation panels — and seamlessly translates raw material-level information into actionable product-impact making sustainability assessment accessible across all organizational functions.</p><p>Across industries, companies must increasingly demonstrate sustainability progress to meet market requirements, Scope 3 reporting needs, and comply with growing regulatory requirements. ”The CQ-Configurator supports these needs by enabling rapid, data-based environmental performance assessments and by improving transparency along the polyurethane value chain.”, said Patrizia Wegner, VP Sales Flex Foam EMLA, Covestro.</p><p>“Companies can now compare material choices and reach their desired product sustainability profile in just a few clicks — eliminating the need for time-consuming calculations and lengthy alignment processes”, said Dennis Wagner, Marketing Manager Soft Furniture, Covestro.</p><h2>From data to decisions: Making sustainability tangible</h2><p>The CQ-Configurator intuitively allows users to select between flexible or rigid foam applications — such as mattresses, insulation panels, or even special formulations — define technical properties and specify shares of mass-balanced isocyanate and polyol options. The tool then calculates the associated CO₂ impact and sustainable material share of each formulation scenario.</p><p>By translating formulation choices into clear, application-specific sustainability results, the CQ-Configurator provides companies with a transparent fact base to support internal decision-making. It enables rapid comparisons of different material options with exportable results that facilitate cross-functional alignment and customer discussions. At the same time, the tool links material choices to market-relevant sustainability benefits, supporting both product development and marketing strategies.</p><h2>Designed for broad industry use</h2><p>The tool supports various professional roles involved in product development, including R&D specialists, procurement teams, sales managers, marketing professionals, and sustainability experts. Its intuitive interface ensures that both technical and non-technical users can leverage the insights effectively.</p><p>“As sustainability becomes a key differentiator across markets such as bedding, furniture, construction, and appliances, the CQ-Configurator helps companies to make informed choices that align product performance with economic considerations,” added Dennis Wagner.</p><p>With the launch of the CQ-Configurator, Covestro is the first European PU materials supplier to offer a comprehensive digital sustainability assessment tool focusing on multiple polyurethane foam applications. Built on third-party verified raw material LCA data<sup>1</sup> and long-standing PU expertise of Covestro, the tool provides transparent and credible sustainability metrics that support informed decision-making across the value chain. The company continues to expand its digital portfolio to support customers in meeting their sustainability targets.</p><p>For more information and to request a demo, please visit the <a href="https://solutions.covestro.com/en/highlights/articles/stories/2025/cq-configurator-real-time-pu-design-tool" target="_blank">CQ-Configurator landing page</a>.</p><p><span><sub>1 Methodology for LCA data calculation certified by TÜV Rheinland</sub></span></p>]]></description><category><![CDATA[Materials &amp; Industries,Foams,Construction,Wood &amp; Furniture,Corporate News,Digitalization,Sites,Belgium,Germany,Leverkusen,Dormagen,Krefeld-Uerdingen,Brunsbuettel,France,Italy,Netherlands,Spain,Tarragona,United Kingdom]]></category>
            <pubDate>Wed, 28 Jan 2026 10:00:07 +0100</pubDate>
            <enclosure url="https://content.presspage.com/uploads/2529/9f20a398-856f-4252-b604-ea67a3b08a51/500_20260121_cqc.jpg?10000" length="0" type="image/jpg" />
                <pp:image>https://content.presspage.com/uploads/2529/9f20a398-856f-4252-b604-ea67a3b08a51/500_20260121_cqc.jpg?10000</pp:image>
                <pp:imageOriginal>https://content.presspage.com/uploads/2529/9f20a398-856f-4252-b604-ea67a3b08a51/20260121_cqc.jpg?10000</pp:imageOriginal><pp:imageTitle><![CDATA[20260121_CQC]]></pp:imageTitle><pp:imageDescription><![CDATA[CQ-Configurator interface: Real-time visualization of CO₂ impact and sustainable material share for polyurethane foam applications. Shown values are simplified examples based on arbitrary data.]]></pp:imageDescription></item><item>
                        <title>Groundbreaking for innovative heat battery at Covestro&#039;s Brunsbüttel site</title>
                        <link>https://www.covestro.com/press/groundbreaking-for-innovative-heat-battery-at-covestros-brunsbuettel-site/</link>
                        <guid>https://www.covestro.com/press/groundbreaking-for-innovative-heat-battery-at-covestros-brunsbuettel-site/</guid><pp:caseid>733533</pp:caseid><pp:summary><![CDATA[<ul><li class="ck-list-marker-bold" data-list-item-id="eb2689db4e37980d13f2153e1151c0875"><span><strong>Commissioning planned for end of 2026</strong></span></li><li class="ck-list-marker-bold" data-list-item-id="e32609fcf4b6b9d9d5295c7460633e3e3"><span><strong>Ten percent of steam at the Brunsbüttel site can be generated with renewable energy thanks to the heat battery</strong></span></li><li class="ck-list-marker-bold" data-list-item-id="eba95723974ce5658348148becc13969a"><span style="text-align:start;"><strong>Breakthrough Energy Catalyst&nbsp;and the European Investment Bank (EIB) are supporting the project.</strong></span></li></ul>]]></pp:summary><pp:boilerplate><![CDATA[<p><strong>About Covestro:&nbsp;</strong><br>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, telecommunications and health, as well as in the chemical industry itself.<br><br>The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).<br><br><strong>About Rondo Energy:&nbsp;</strong><br>Rondo is purpose-built for industrial facilities: Rondo Heat Batteries are constructed from proven, durable materials and are designed for seamless integration with existing industrial equipment and processes. Whether deployed as a drop-in replacement for retiring fossil-fueled heating equipment or as a resilient complement to existing systems, Rondo requires no disruptive changes to customers' operations.&nbsp;<br><br>Building on strong momentum, including multiple full industrial-scale heat batteries in deployment globally, Rondo is actively scaling deployment and manufacturing. Rondo currently operates the world's largest heat battery for industry, a 100 MWh Rondo Heat Battery. Rondo Energy is headquartered in California, with a global team throughout North America, Europe and Australia.&nbsp;<br><br>Heat batteries are also known in the industry as electric thermal energy storage (ETES), or thermal batteries.&nbsp;<br><br><strong>Forward-Looking Statements&nbsp;</strong><br>This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.&nbsp;</p>]]></pp:boilerplate><description><![CDATA[<p>Together with guests from politics and business, Covestro and Rondo Energy celebrated the groundbreaking for an innovative heat battery at Covestro's Brunsbüttel site. The Rondo Heat Battery charges when there is a surplus of low-price renewable energy in the grid, stores that energy in bricks, and delivers continuous high-temperature steam for on-site production processes. This offers a sustainable alternative to steam generation using fossil fuels, which are used in continuously running industrial processes, as the available amount of renewable energy at affordable prices fluctuates.</p><p>For Schleswig-Holstein, the project represents an important step on the path to climate-neutral transformation of the state. This was emphasized by Tobias Goldschmidt, Minister for Energy Transition, Climate Protection, Environment and Nature of the state, at the groundbreaking ceremony: “The energy transition is Schleswig-Holstein's project of our time. The rapid expansion of renewable energies is a booster for our business location Schleswig-Holstein and makes future-oriented projects like the heat battery possible in the first place. Covestro and Rondo impressively demonstrate how they are driving the energy transition forward with innovative strength, technological know-how, and full confidence. Projects like this contribute significantly to energy sovereignty and to achieving our climate neutrality goals.”</p><p>The 100 MWh Rondo Heat Battery (RHB) is scheduled to go into operation by the end of 2026. Breakthrough Energy Catalyst and the European Investment Bank (EIB) are supporting the project. The battery will produce ten percent of the required steam at the site, saving up to 13,000 tons of CO<sub>2</sub> emissions per year.</p><p>"As an innovation company, we are always excited when we can further develop and test promising ideas that can bring us closer to our goals of a circular economy and climate-neutral production," says Dr. Thorsten Dreier, CTO of Covestro. "The heat battery is such an idea: a new technology that enables us to take another step forward on our path to a sustainable future."</p><p>The Rondo Heat Battery combines centuries-old materials with modern automation: electrical energy is stored in the form of heat – with the help of bricks that have been used as heat storage in steel mills for centuries. The heat drives an ordinary boiler that delivers emission-free steam. With electricity from renewable energy sources, a constant amount of steam can thus be continuously generated.</p><p>“This project shows how two of Europe’s central challenges can be solved together,” <span style="text-align:start;">said Eric Trusiewicz, CEO of Rondo Energy.</span> “As renewable power expands, it increasingly creates daily periods of abundant, low-cost electricity. At the same time, European industry needs reliable, affordable energy to remain competitive. Together with Covestro, we are demonstrating that clean industrial heat can be both highly reliable and a powerful tool for balancing the grid — while building the energy infrastructure needed to strengthen Europe’s industrial base and energy security.”</p><p>For Covestro, steam generation is an essential part of the production process and accounts for a large portion of energy consumption. The steam at the Brunsbüttel site is currently still generated with natural gas. Based on the experience with using the Rondo Heat Battery in Brunsbüttel, Covestro is evaluating whether deployment on a larger scale is possible.</p><p><a href="https://content.presspage.com/uploads/2529/1a235859-c254-4366-91b9-29ccbddb5237/rondo-rhb-how-it-works-a2.pdf?10000" target="_blank">Read more here ›</a></p>]]></description><category><![CDATA[Materials,Foams,Energy,Research &amp; Innovation,Start-ups,Sustainability,Circular economy,Materials &amp; Industries,Industries,Corporate News,EMLA,Germany,Brunsbuettel,Global,Covestro Deutschland,Locations]]></category>
            <pubDate>Mon, 19 Jan 2026 13:05:00 +0100</pubDate>
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                <pp:image>https://content.presspage.com/uploads/2529/b3889d10-00a6-41d3-8c52-2886d5478c99/500_20260119_rondo_351.jpg?10000</pp:image>
                <pp:imageOriginal>https://content.presspage.com/uploads/2529/b3889d10-00a6-41d3-8c52-2886d5478c99/20260119_rondo_351.jpg?10000</pp:imageOriginal><pp:imageTitle><![CDATA[20260119_Rondo_351]]></pp:imageTitle><pp:imageDescription><![CDATA[Symbolic groundbreaking ceremony: John O&amp;rsquo;Donnell, CIO and founder of Rondo Energy, Tobias Goldschmidt, Minister for Energy Transition, Climate Protection, Environment and Nature of the State of Schleswig-Holstein, and Dr. Thorsten Dreier, CTO of Covestro, sign a brick that will be used in the heat battery.]]></pp:imageDescription></item><item>
                        <title>Covestro publishes salary ranges for all open positions in Germany</title>
                        <link>https://www.covestro.com/press/covestro-publishes-salary-ranges-for-all-open-positions-in-germany/</link>
                        <guid>https://www.covestro.com/press/covestro-publishes-salary-ranges-for-all-open-positions-in-germany/</guid><pp:caseid>680194</pp:caseid><pp:subtitle>More transparency and fairness</pp:subtitle><pp:summary><![CDATA[<ul><li><strong>Covestro demonstrates pioneering spirit in recruiting with transparency</strong></li><li><strong>Early implementation of the EU Pay Transparency Directive&nbsp;</strong></li><li><strong>Strengthening employer branding and increasing efficiency in recruiting</strong><br>&nbsp;</li></ul>]]></pp:summary><pp:boilerplate><![CDATA[<p><strong>About Covestro:&nbsp;</strong><br>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, telecommunications and health, as well as in the chemical industry itself.<br><br>The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).<br><br><strong>Forward-Looking Statements&nbsp;</strong><br>This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.&nbsp;</p>]]></pp:boilerplate><description><![CDATA[<p>Covestro shows pioneering spirit in recruiting and discloses salary ranges for all advertised positions in Germany, regardless of hierarchy level or department. With this step, the materials manufacturer is proactively implementing the EU Pay Transparency Directive expected in 2026. This directive mandates employers to provide information about entry-level salaries or salary ranges for advertised positions during the application process.</p><p>“Trust, fairness, and equality are central values for us as an employer. By publishing salary ranges in our job postings, we demonstrate that we live by these values, take the concerns of applicants seriously, and promote an open and fair dialogue,” says Sophie von Saldern, Global Head of Human Resources at Covestro. The company’s existing workforce also benefits from this transparency, as salary bands are accessible internally.</p><h2>Benefits for All: Greater Efficiency, Transparency, and Fairness</h2><p>This new approach goes beyond positioning Covestro as a transparent and fair employer – it fundamentally transforms the entire recruitment process. The initiative was initially piloted in engineering roles, where there is a significant skills shortage. The positive results from the pilot encouraged Covestro to extend the publication of salary ranges to all job advertisements.</p><p><span>“We’re already seeing early indications of increased application numbers. At the same time, the recruitment process is becoming more focused, and we’re receiving positive feedback from candidates. Applicants are assessing themselves within the salary range based on their qualifications and experience, which leads to more efficient and transparent discussions,” reports Dr. Ute Breitsohl, Head of Employer Branding & Recruiting in Germany.</span></p><p>Job seekers benefit from this transparency in several ways: Entry-level professionals gain clear guidance on salary expectations.<br>Experienced professionals can recognize the value placed on their expertise and directly discuss opportunities for development, including financial ones.<br>Women, who often undervalue themselves in salary negotiations, benefit from clear salary bands. For all profiles, the disclosure of salary structures allows applicants to immediately determine whether a position is financially attractive and suitable. “Our goal is to create a fair and open basis for discussion right from the start. In this way, we contribute even more to an application process at eye level,” explains Dr. Breitsohl. “The positive response from applicants confirms that our transparent approach creates trust. This enables us to focus more on development prospects and career goals in interviews.”</p><p>This initiative strengthens Covestro's position as an attractive employer. At the same time, Covestro is actively sending a signal to the labor market to raise awareness of the gender pay gap. “Only if salary ranges are disclosed transparently and comprehensibly can comparability be achieved across gender boundaries. With this step, Covestro is setting new standards for fairness and equality in the world of work,” Breitsohl continued.</p><h2>Early Implementation of the EU Pay Transparency Directive</h2><p>By publishing salary ranges in job postings, Covestro is preemptively fulfilling a requirement that will become mandatory for many companies in Germany by 2026. The forthcoming EU Pay Transparency Directive will oblige employers to disclose salary information during the recruitment process.</p><p>Sophie von Saldern, Global Head of Human Resources at Covestro, highlights the strategic intent behind this move: “We see publishing salary ranges not just as preparation for future legal requirements but as a strategic tool to strengthen our employer brand. The collective bargaining agreements in the chemical industry already provide attractive conditions—our additional transparency creates a win-win situation for applicants and our company.”</p><p>More targeted applications, positive feedback from departments, fewer time-consuming salary negotiations, and greater fairness: these indicators underline the success of this initiative and Covestro’s leadership role in promoting transparency and fair working conditions.</p><p>Interested candidates can find all current job postings with corresponding salary ranges on Covestro’s career page at <a href="https://www.covestro.com/en/career" target="_blank">www.career.covestro.com</a>. The website also provides further information about Covestro as an employer and the diverse development opportunities within the company.</p>]]></description><category><![CDATA[Corporate News,Research &amp; Innovation,People,Germany,Locations,NA,Brunsbuettel,Krefeld-Uerdingen,Dormagen,Leverkusen,Diversity &amp; Inclusion,Covestro Deutschland]]></category>
            <pubDate>Thu, 05 Dec 2024 10:00:00 +0100</pubDate>
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                <pp:image>https://content.presspage.com/uploads/2529/c37bba8d-7d2f-4f70-94f1-1cb66c36c796/500_202412-mervekocindormagen-05.jpg?10000</pp:image>
                <pp:imageOriginal>https://content.presspage.com/uploads/2529/c37bba8d-7d2f-4f70-94f1-1cb66c36c796/202412-mervekocindormagen-05.jpg?10000</pp:imageOriginal><pp:imageTitle><![CDATA[202412_Merve Koc in Dormagen-05]]></pp:imageTitle><pp:imageDescription><![CDATA[Covestro in Germany is currently looking for around 140 new employees in various areas and functions.]]></pp:imageDescription></item><item>
                        <title>Covestro to deploy innovative heat battery from Rondo Energy</title>
                        <link>https://www.covestro.com/press/covestro-to-deploy-innovative-heat-battery-from-rondo-energy/</link>
                        <guid>https://www.covestro.com/press/covestro-to-deploy-innovative-heat-battery-from-rondo-energy/</guid><pp:caseid>640256</pp:caseid><pp:subtitle>Internationally sponsored pilot project:</pp:subtitle><pp:summary><![CDATA[<ul><li><strong>Heat Battery generates heat and steam for industrial production</strong></li><li><strong>Bill Gates Foundation “Breakthrough Energy Catalyst” and European Investment Bank sponsor the project</strong></li><li><strong>The battery will generate ten percent of the steam needed at the Covestro site in Brunsbüttel with renewable energy</strong></li></ul>]]></pp:summary><pp:boilerplate><![CDATA[<p><strong>About Covestro:&nbsp;</strong><br>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, telecommunications and health, as well as in the chemical industry itself.<br><br>The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).<br><br><strong>Forward-Looking Statements&nbsp;</strong><br>This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.&nbsp;</p>]]></pp:boilerplate><description><![CDATA[<p>Covestro is partnering with Rondo Energy to install an innovative heat battery for the first time: The Rondo Heat Battery stores intermittent renewable electricity and delivers continuous high-temperature steam, thus offers a sustainable alternative to steam generation with fossil fuels.</p><p>The Breakthrough Energy Catalyst foundation set up by Bill Gates and the European Investment Bank (EIB) are supporting this installation of the Rondo RHB100 heat battery, which is scheduled to begin operation at Covestro’s Brunsbüttel site at the end of 2026. The project will then produce ten percent of the steam required at the site, saving up to 13,000 tons of CO<sub>2 </sub>emissions per year.</p><p>Rondo Heat Batteries combine century-old materials and cutting-edge automation to capture electricity and deliver high-temperature heat and power. Electrical energy is stored as heat, using bricks that have been used for heat storage at steel mills for centuries. The heat powers an ordinary boiler to deliver zero-emission steam. Renewable electricity can be intermittently stored when there is an excess available and a constant amount of steam can still be generated continuously.</p><p>"As an innovation company, we are always excited when we can further develop and test promising ideas that can bring us closer to our goals of a circular economy and climate-neutral production," says Dr. Thorsten Dreier, CTO of Covestro. “The heat battery is such an idea: a new technology that allows us to go one step further on our way to a sustainable future.”</p><p>“Rondo Heat Batteries deliver deep decarbonization by changing the fuel, not the factory,” said Eric Trusiewicz, CEO of Rondo Energy. “We’re honored to be working with Covestro to prove our safety, reliability, and efficiency under real conditions on a large scale over a long period of time. And we’re excited to be deploying in Brunsbüttel, where large flexible electricity loads are particularly valuable to the electricity grid.”</p><p>For Covestro, steam generation is an important part of the production process and accounts for a large proportion of energy consumption. The learnings from this first heat battery installation will provide experience and insights for Covestro to be able to assess whether larger-scale deployments are possible.</p>]]></description><category><![CDATA[CO2 technology,Energy,Circular economy,Brunsbuettel,Germany,EMLA,Sustainability,Research &amp; Innovation,Locations,Corporate News,Global]]></category>
            <pubDate>Thu, 27 Jun 2024 10:00:00 +0200</pubDate>
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                        <title>Covestro decides to discontinue Maezio® product line</title>
                        <link>https://www.covestro.com/press/covestro-decides-to-discontinue-maezio-product-line/</link>
                        <guid>https://www.covestro.com/press/covestro-decides-to-discontinue-maezio-product-line/</guid><pp:caseid>556608</pp:caseid><pp:subtitle>Portfolio Optimization</pp:subtitle><pp:summary><![CDATA[<ul><li><strong>Covestro to focus Engineering Plastics business entity more strongly on core business in the future&nbsp;</strong></li><li><strong>Production of thermoplastic fiber composites under the Maezio<sup>®</sup> brand to be discontinued&nbsp;</strong></li><li><strong>Markt Bibart site to be closed during the course of the year as a result of this change&nbsp;</strong><br>&nbsp;</li></ul>]]></pp:summary><pp:boilerplate><![CDATA[<p><strong>About Covestro:&nbsp;</strong><br>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, telecommunications and health, as well as in the chemical industry itself.<br><br>The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).<br><br><strong>Forward-Looking Statements&nbsp;</strong><br>This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.&nbsp;</p>]]></pp:boilerplate><description><![CDATA[<p>As part of its ongoing, Group-wide portfolio optimization efforts, in the future Covestro will increasingly focus the Engineering Plastics business entity on its core business. As a result, the Maezio<sup>®</sup> product line with highly specialized fiber-reinforced composites and the associated production at the Markt Bibart site are to be discontinued in the course of the current year. “With its Group-wide ‘Sustainable Future’ strategy, Covestro is consistently aligning itself with the needs of high-growth customer industries to generate sustainable growth in an increasingly competitive market,” says Lily Wang, Head of Covestro’s Engineering Plastics business entity. Despite major investments in the development of the Maezio<sup>®</sup> business and in production technology, as well as technological advances achieved as a result, we were ultimately able to leverage only a few synergies with our core business. Therefore, after a thorough review, we have decided that the Maezio<sup>®</sup> product line will be discontinued. This decision was not easy for us,” Wang adds.</p><p>Covestro started working in the field of continuous fiber-reinforced thermoplastic composites in 2015 with the acquisition of TCG Thermoplast Composite GmbH. Following the strategic decision to discontinue the Maezio<sup>®</sup> product line after almost eight years, Covestro searched intensively for a buyer for the Markt Bibart site. As this attempt was ultimately not successful, Covestro decided to close the site later this year. Most recently, 48 of the approximately 7,600 employees in Germany were employed there. “We have initiated an extensive sales process, which, unfortunately, was not successful. Our focus on the ground is now on providing the best possible support to all colleagues. To this end, we will be working closely with the local employee representatives to find fair solutions for all those affected and to ensure that the closure process is socially responsible,” emphasizes Site Manager John Bauer.</p><h2>A focus on core business</h2><p>Thermoplastic fiber composites are a highly specialized and competitive niche business. Covestro has invested in building up the business since taking over the site in 2015 and has made very good technical progress in production. <span style="background-color:rgb(255,255,255);"><span style="text-align:left;">Nevertheless, the company has not succeed to scale</span></span> business with sufficient success in the market. There are only a few synergies with the core business of the Engineering Plastics business entity and the vast majority of key account business. In addition, the typical customers for thermoplastic composites only order on the basis of joint, complex and time-consuming technical application development, and then only in very small quantities. This is in marked contrast to the far predominant distribution model and key account business in the Covestro Group.</p><p>Covestro is thus sharpening its focus on its core Engineering Plastics business by discontinuing the Maezio<sup>®</sup> products. Major customers in the automotive, electronics and healthcare divisions, among others, use these high-quality polycarbonates for further processing in a wide range of products.</p>]]></description><category><![CDATA[Materials &amp; Industries,Locations,Germany,Composites,Leverkusen,Dormagen,Krefeld-Uerdingen,Brunsbuettel,EMLA,Materials,Global]]></category>
            <pubDate>Tue, 31 Jan 2023 17:00:00 +0100</pubDate>
            <enclosure url="https://content.presspage.com/uploads/2529/500_20230130-datgeneral-maeziostructure.png?10000" length="0" type="image/png" />
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                <pp:imageOriginal>https://content.presspage.com/uploads/2529/20230130-datgeneral-maeziostructure.png?10000</pp:imageOriginal><pp:imageTitle><![CDATA[20230130_DAT general-Maezio structure]]></pp:imageTitle><pp:imageDescription><![CDATA[Thermoplastic fiber composites under the Maezio&amp;reg; brand to be discontinued. &amp;copy; Covestro]]></pp:imageDescription></item><item>
                        <title>Covestro transports products from Asia on ships of Lidl subsidiary Tailwind Shipping Lines</title>
                        <link>https://www.covestro.com/press/covestro-transports-products-from-asia-on-ships-of-lidl-subsidiary-tailwind-shipping-lines/</link>
                        <guid>https://www.covestro.com/press/covestro-transports-products-from-asia-on-ships-of-lidl-subsidiary-tailwind-shipping-lines/</guid><pp:caseid>551988</pp:caseid><pp:subtitle>Solving supply chain challenges together</pp:subtitle><pp:summary><![CDATA[<ul><li><strong>Faster and more timely thanks to greater</strong> <strong>independence from major shipping companies</strong></li><li><strong>More flexibility: direct route from Asia to Europe, smaller ships, several possible destinations</strong></li></ul>]]></pp:summary><pp:boilerplate><![CDATA[<p><strong>About Covestro:&nbsp;</strong><br>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, telecommunications and health, as well as in the chemical industry itself.<br><br>The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).<br><br><strong>Forward-Looking Statements&nbsp;</strong><br>This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.&nbsp;</p>]]></pp:boilerplate><description><![CDATA[<p>German materials manufacturer Covestro will from now on ship its plastic precursors on ships of Tailwind Shipping Lines, a subsidiary of German food retailer Lidl. Since this year, the discount giant has been developing its own capacity in sea freight due to the continuing difficulties of large shipping companies on the busy sea routes between Europe and Asia.</p><p>Currently, two of its own ships and two additional chartered ships belong to Tailwind Shipping Lines. In addition to the non-food products from and for Lidl, Tailwind offers space on these ships also for interested companies. Covestro uses this now to also become more independent from the busy main routes and shipping companies and to increase the speed and punctuality of its own deliveries.</p><p>"Ocean shipments have been severely disrupted since the pandemic began, and the scheduling accuracy of large shipowners has fallen from 70 to 20 percent," says Sucheta Govil, Chief Commercial Officer at Covestro. "To increase our reliability and punctuality, we are therefore actively looking for alternatives. With Tailwind, we have found a partner to navigate the direct route from Asia to Europe with its ships - and who is therefore exactly where it helps us."</p><h2>Smaller vessels, more flexibility and punctuality</h2><p>The Tailwind ships have a capacity of around 5,000 "Twenty Foot Equivalent Units", or TEU, per month. TEU is a standard measure for shipping containers. Large ships from the big shipping companies can hold three to five times more. However, those mega ships can also only discharge at large ports and travel rather fixed routes with pre-determined stops, which increases the susceptibility to delays.</p><p>"We now determine the route ourselves. And because our ships are smaller, we can also have them sail to and discharge at smaller ports. This gives us a great advantage in terms of flexibility, speed and thus also punctuality," says Wolf Tiedemann, CEO of Sales, Logistics and Central Divisions of Lidl Stiftung & Co. KG. "This allows us to import our own goods reliably from Asia - but at the same time we still have room that we can offer. We are pleased to have found a first interested customer and partner with Covestro and hope to be able to expand the cooperation further and find other interested parties."</p><p>A first container of Covestro materials successfully completed the route from the company's largest production site near Shanghai to Europe. Currently Covestro ships a good 8,000 containers a year on that route alone. How many of these will be transported by Tailwind in the future is currently being negotiated.</p>]]></description><category><![CDATA[Corporate News,Materials &amp; Industries,Materials,Foams,Plastics,Marine &amp; ships,Rail,Industries,Locations,APAC,China,Shanghai,EMLA,Netherlands,Germany,Leverkusen,Dormagen,Krefeld-Uerdingen,Brunsbuettel,Global,Electronics/electrical/appliances]]></category>
            <pubDate>Fri, 16 Dec 2022 10:00:00 +0100</pubDate>
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                        <title>Technology premiere for greater energy-efficiency and climate protection in MDI production</title>
                        <link>https://www.covestro.com/press/technology-premiere-for-greater-energy-efficiency-and-climate-protection-in-mdi-production/</link>
                        <guid>https://www.covestro.com/press/technology-premiere-for-greater-energy-efficiency-and-climate-protection-in-mdi-production/</guid><pp:caseid>423159</pp:caseid><pp:subtitle>Covestro reaches milestone for more resource efficiency</pp:subtitle><pp:summary><![CDATA[<ul>
<li><b>Significant savings of steam, electricity and therewith CO</b>₂<b>&nbsp;</b></li>
<li><b>Pilot plant inaugurated for industrial-scale application</b></li>
<li><b>Development of new technology underlines innovation leadership</b></li>
</ul>
]]></pp:summary><pp:boilerplate><![CDATA[<p><strong>About Covestro:&nbsp;</strong><br>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, telecommunications and health, as well as in the chemical industry itself.<br><br>The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).<br><br><strong>Forward-Looking Statements&nbsp;</strong><br>This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.&nbsp;</p>]]></pp:boilerplate><description><![CDATA[<p><span><span><span><span>A significant breakthrough in the production of the rigid foam component MDI for the energy-efficient insulation of buildings and refrigeration devices: Covestro has successfully put into operation a pilot plant based on the innovative AdiP technology at its Brunsb&uuml;ttel site. The new technology promises to significantly improve energy efficiency and marks an important milestone for Covestro in its orientation towards the circular economy. At a virtual ceremony today, the plant was officially inaugurated together with Jan Philipp Albrecht, Minister of Energy, Agriculture, the Environment, Nature and Digitalization of the German State of Schleswig-Holstein.</span></span></span></span></p><p><span><span><span><span>Covestro intends to base all the company&rsquo;s operations on the principles of the circular economy and is pursuing the long-term goal of climate-neutral production. &ldquo;Technological innovations in the area of process technology, in particular, are an important pillar of our strategy to achieve this goal,&rdquo; says Dr. Klaus Sch&auml;fer, Chief Technology Officer (CTO) of Covestro. &ldquo;AdiP is a technology we have worked on intensively in its development at multiple sites, and which once again underlines the innovative leadership of Covestro.&rdquo;</span></span></span></span></p><p><span><span><span><span>&ldquo;If we want to overcome the climate crisis as a society, we need ambitious and innovative impulses from the industrial sector. Innovative economic activity and climate protection are not opposites; nowadays, business and climate protection belong together. You can see this in the Covestro project presented to us today", says Minister Jan Philipp Albrecht.</span></span></span></span></p><h2><span><span><span><span>More efficient and environmentally friendly than existing processes</span></span></span></span></h2><p><span><span><span><span>AdiP stands for adiabatic-isothermal phosgenation, which describes the key feature of the technology: the reaction is controlled more efficiently and does not require an external heat supply, as the heat generated during the reaction process is used.</span></span></span></span></p><p><span><span><span><span>As a result, this innovative production process significantly reduces energy consumption and CO<sub>2</sub> emissions in MDI production. Thanks to AdiP technology up to 40% steam and 25% electricity can be saved per ton of MDI produced in an MDI plant &ndash; and CO<sub>2</sub> emissions are thus reduced by up to 35%.</span></span></span></span></p><p><span><span><span><span>Another advantage of the innovative method is that the production output increases by 50% compared to the technology currently in use. As a result, future MDI production plants based on AdiP technology can be smaller than in the past.</span></span></span></span></p><h2><span><span><span><span>Pilot phase to bring long-term experience</span></span></span></span></h2><p><span><span><span><span>&ldquo;I am confident that the new technology will pass its practical test and become an important component of our growth strategy for MDI. At the same time, I expect AdiP to significantly improve the efficiency of our production processes,&rdquo; says Daniel Meyer, head of the Polyurethanes unit at Covestro. The pilot phase should be completed in about 12 months&rsquo; time.</span></span></span></span></p><p><span><span><span><span>&ldquo;I am proud of the fact that this innovative process has been implemented for the first time on a large scale at our Brunsb&uuml;ttel site. And I am absolutely convinced that our employees will successfully commission the new technology and optimize it for future use in our global production network,&rdquo; says Dr. Uwe Arndt, the Brunsb&uuml;ttel site manager.</span></span></span></span></p><p><span><span><span><span>Covestro is one of the world&rsquo;s leading producers of MDI, a raw material much in demand for producing energy-efficient insulation solutions for buildings and refrigerating devices. In 2019, the global MDI market had a volume of around 7,500 kilotons and is expected to further grow in the long term. With the new technology, Covestro is making an important contribution to achieving the climate goals of its customer industries.</span></span></span></span></p>]]></description><category><![CDATA[Materials &amp; Industries,Foams,Sustainability,Germany,Materials,Corporate News,Energy,Locations,EMLA,Brunsbuettel,Global]]></category>
            <pubDate>Mon, 16 Nov 2020 10:00:00 +0100</pubDate>
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                <pp:imageOriginal>https://content.presspage.com/uploads/2529/20201113-covestro-technology-premiere-for-greater-energy-efficiency-and-climate-protection-in-mdi-production.jpg?95974</pp:imageOriginal><pp:imageTitle><![CDATA[20201116_Covestro-technology-premiere-for-greater-energy-efficiency-and-climate-protection-in-mdi-production]]></pp:imageTitle><pp:imageDescription><![CDATA[Milestone for more resource efficieny in Brunsbuettel:  Pilot plant inaugurated for industrial-scale application]]></pp:imageDescription></item></channel>
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