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                    <title><![CDATA[Covestro Press]]></title>
                    <link>https://www.covestro.com/press/</link>
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                    <lastBuildDate>Tue, 08 Sep 2026 11:21:00 +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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                        <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>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 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>Covestro and SOL Kohlensäure sign framework agreement for biogenic carbon dioxide (CO₂)</title>
                        <link>https://www.covestro.com/press/covestro-and-sol-kohlensaeure-sign-framework-agreement-for-biogenic-carbon-dioxide-co/</link>
                        <guid>https://www.covestro.com/press/covestro-and-sol-kohlensaeure-sign-framework-agreement-for-biogenic-carbon-dioxide-co/</guid><pp:caseid>530565</pp:caseid><pp:subtitle>Partner in climate protection</pp:subtitle><pp:summary><![CDATA[<ul><li><strong>Covestro’s NRW sites supplied with biogenic CO</strong><span style="text-align:start;"><strong>₂</strong></span><strong> from </strong><span style="background-color:rgb(255,255,255);"><span style="text-align:left;"><strong>SOL Kohlensäure</strong></span></span></li><li><strong>Supply partnership helps Covestro switch to alternative raw materials</strong></li><li><strong>Both partners advancing Circular Economy and climate neutrality&nbsp;</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>Materials manufacturer Covestro and SOL Kohlensäure GmbH & Co. KG have concluded a framework agreement for a supply partnership for biogenic carbon dioxide (CO<sub>2</sub>). With immediate effect, SOL, as one of the most important European suppliers of gases and gas services, will supply the liquefied gas to Covestro sites in North Rhine-Westphalia, where it will be used to produce plastics such as MDI (methylene diphenyl diisocyanate) and polycarbonate. Under the terms of the framework agreement, SOL Kohlensäure will already supply up to 1,000 metric tons of biogenic CO<sub>2</sub> this year. From 2023, the supply volume is to be further increased substantially, enabling Covestro to save the same amount of CO<sub>2</sub> from fossil sources at its NRW sites.</p><p>“We have set ourselves the goal to become fully circular. To this end, we want to convert our raw material base to 100% renewable sources. We are very pleased to have found a partner in SOL Kohlensäure who will support us in this transformation with a pioneering spirit,” explains Daniel Koch, Head of NRW Plants at Covestro.</p><p>“We at SOL Kohlensäure are advancing the shift to more sustainable CO<sub>2</sub> sources. In this way, we are increasing security of supply, becoming independent of fossil raw materials, and reducing our environmental footprint at the same time,” emphasizes Falko Probst, Sales Manager at SOL Kohlensäure.</p><h2>From waste product to raw material</h2><p>The CO<sub>2</sub> used is obtained by SOL Kohlensäure from various sources, such as bioethanol and biogas plants. In these plants, CO<sub>2</sub> is produced as a by-product during the treatment of various biomasses, such as plant residues.<span>&nbsp; </span>This is separated by SOL Carbon Dioxide, purified and then made available to Covestro production as a raw material.<span>&nbsp;</span></p><p>In this way, the supply partnership supports the circular concept and contributes to reducing emissions.&nbsp;</p><p>Covestro’s Lower Rhine sites in Leverkusen, Dormagen and Krefeld-Uerdingen are ISCC PLUS certified and can supply their customers with more sustainable products made from renewable raw materials.</p><h2>Goal of climate neutrality by 2035</h2><p>Covestro has set itself the goal of becoming fully circular. This also includes using alternative raw materials. Biomass, CO<sub>2</sub>, as well as end-of-life materials and waste replace fossil raw materials such as crude oil or natural gas. Carbon is managed in a circular way. In realizing these ambitions, both companies are relying on long-term supply partnerships.</p><p>In addition to biogenic CO<sub>2</sub>, Covestro is investigating the use of other technical gases from renewable sources. The materials manufacturer is already offering its customers its first sustainable products, such as climate-neutral<span style="text-align:start;">¹&nbsp;</span> MDI. With the expansion of its alternative raw material base, this portfolio is set to grow further in the coming years.</p><p>ISCC (“International Sustainability and Carbon Certification”) is an internationally recognized system for the sustainability certification of biomass and bioenergy, among others. The standard applies to all stages of the value chain and is recognized worldwide. ISCC Plus also encompasses other certification options for instance for technical-chemical applications, such as plastics from biomass.</p><hr><p><span style="text-align:start;">¹ </span><span><sub>Climate neutrality is the result of an internal assessment of a partial product life cycle from raw material extraction (cradle) to the factory gate (Covestro gate), also known as cradle-to-gate assessment. The methodology of our life cycle assessment, which has been critically reviewed by TÜV Rheinland, is based on ISO standards 14040 and 14044. The calculation takes into account biogenic carbon sequestration based on compensation measures.</sub></span></p>]]></description><category><![CDATA[Corporate News,Research &amp; Innovation,Alternative raw materials,Circular economy,Sustainability,Locations,EMLA,Germany,Leverkusen,Dormagen,Krefeld-Uerdingen,Global]]></category>
            <pubDate>Thu, 15 Sep 2022 11:03:00 +0200</pubDate>
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                <pp:imageOriginal>https://content.presspage.com/uploads/2529/220lieferungbiogenesco2ancovestrostandortinnrw138-027.jpg?72111</pp:imageOriginal><pp:imageTitle><![CDATA[220Lieferung biogenes CO2 an Covestro Standort in NRW138_027]]></pp:imageTitle><pp:imageDescription><![CDATA[Delivery of biogenic CO₂ to Covestro site in NRW. &amp;copy; Covestro]]></pp:imageDescription></item><item>
                        <title>Covestro receives ISCC Plus certification for its Leverkusen and Dormagen sites</title>
                        <link>https://www.covestro.com/press/covestro-receives-iscc-plus-certification-for-its-leverkusen-and-dormagen-sites/</link>
                        <guid>https://www.covestro.com/press/covestro-receives-iscc-plus-certification-for-its-leverkusen-and-dormagen-sites/</guid><pp:caseid>492804</pp:caseid><pp:subtitle>Conversion of production to renewable attributed raw materials makes progress</pp:subtitle><pp:summary><![CDATA[<ul><li>Lower Rhine plants offer certified mass-balanced products</li><li>Drop-in solution for customers with constant product quality</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><a href="https://www.covestro.com/">Covestro</a> has now received the internationally recognized ISCC Plus mass balance certification for its Leverkusen and Dormagen sites. Together with the Krefeld-Uerdingen site, which was already certified a year ago, the company can now supply its customers with large product volumes from renewably attributed raw materials from all three Lower Rhine sites in Germany. These are selected polycarbonates, components for polyurethane (PU) rigid and flexible foams, PU coating and adhesive raw materials, thermoplastic polyurethanes (TPUs) and specialty films. They are characterized by equally good quality and properties as their fossil-based counterparts.</p><p>"I am very pleased that we can now offer our customers even more certified mass-balanced products and thus help them even better to achieve their sustainability goals and drive the transition to a circular economy," says Sucheta Govil, Chief Commercial Officer of Covestro. "In doing so, we are also supporting the use of alternative raw materials and reducing CO<sub>2</sub> emissions along the value chains."</p><p>Dr. Klaus Schäfer, Chief Technology Officer at Covestro, adds, "The raw materials we use for these products meet the high sustainability requirements of the ISCC Plus standard all the way back through the supply chain. That's why we want to make greater use of alternative raw materials such as these renewably attributed precursors in our production. In addition to the three German sites, also our plants in Antwerp and Shanghai are already ISCC Plus certified, with more sites to follow."</p><p>In the mass balance approach, bio-based or recycled raw materials – in this case reprocessed residual materials – are fed in at an early stage of raw material extraction and mathematically attributed to the finished products. This saves fossil raw materials and reduces greenhouse gas emissions, while the quality of the mass-balanced products remains the same compared to purely fossil-based ones. Manufacturers can continue to use their proven formulations, equipment and processes.</p><p>ISCC ("International Sustainability and Carbon Certification") is an internationally recognized system for sustainability certification of biomass and bioenergy, among others. The standard covers all stages of the value chain and is widely used worldwide. ISCC Plus includes further certification options for technical-chemical applications, among others, including plastics from biomass.</p>]]></description><category><![CDATA[Corporate News,Sustainability,Circular economy,Leverkusen,Automotive,Construction,Sports &amp; Leisure,Wood &amp; Furniture,Adhesives,Coatings,Films,Foams,Plastics,Thermoplastic Polyurethanes,Materials &amp; Industries,Materials,Industries,Locations,EMLA,Germany,Dormagen,Krefeld-Uerdingen,Global,Electronics/electrical/appliances]]></category>
            <pubDate>Thu, 10 Feb 2022 10:00:00 +0100</pubDate>
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                <pp:imageOriginal>https://content.presspage.com/uploads/2529/20220210-iscc-plus-certification-of-lower-rhine-sites-pic-1.jpg?38656</pp:imageOriginal><pp:imageTitle><![CDATA[20220210_ISCC-Plus-Certification-of-Lower-Rhine-Sites-Pic-1]]></pp:imageTitle><pp:imageDescription><![CDATA[At its ISCC Plus certified site in Leverkusen, Covestro produces polyurethane coating and adhesive raw materials. &amp;copy; Covestro]]></pp:imageDescription></item></channel>
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