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                    <title><![CDATA[Covestro Press]]></title>
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                    <pubDate>Wed, 29 May 2024 03:20:41 +0200</pubDate>
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                        <title><![CDATA[Covestro Press]]></title>
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                        <title>Covestro wins prestigious industry award at Security Document Summit in China</title>
                        <link>https://www.covestro.com/press/covestro-wins-prestigious-industry-award-at-security-document-summit-in-china/</link>
                        <guid>https://www.covestro.com/press/covestro-wins-prestigious-industry-award-at-security-document-summit-in-china/</guid><pp:caseid>634150</pp:caseid><pp:summary><![CDATA[<ul><li><span><strong>Recognizing company’s commitment to enhancing ID document security</strong></span></li><li><span><strong>All-in-one passport and ID card solutions utilizing specialty films</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><span>Materials manufacturer Covestro has been honored with the prestigious Blue Shield Market Development Award at the annual Security Document Summit (SDS) in China. The award recognizes the company’s continuous dedication to enhancing the security of citizen identification documents.</span><br><br><span>Criminal threats to ID documents, including counterfeiting, alteration and identity theft, are constantly evolving. In response, today’s citizen ID documents must prioritize the highest levels of security, sophistication and durability while remaining easy to verify. Covestro has been playing a pivotal role in supporting the ID document industry to combat forgery with its specialty films portfolio.</span><br><br><span>“This prestigious award is a testament to Covestro’s expertise in providing robust solutions for card and passport manufacturers seeking to prevent forgery while ensuring durability. It also underscores our unwavering commitment to innovation and security in this field,” said Dr. Caroline Wolff,</span> <span>head of Specialty Films in the Asia-Pacific region at Covestro. “For over 30 years, we have been dedicated to supporting the citizen ID document industry through our comprehensive portfolio of specialty films, significantly enhancing the security of ID documents.”</span></p><p><span>The Blue Shield Market Development Award, granted by the CIAPST (China International Association for Promotion of Science and Technology) Security Identification Union and the organizing committee of SDS, marks a significant achievement. SDS is recognized as the most important annual ID conference in China.</span></p><p><span><strong>More secure, sophisticated ID documents with PC and TPU films</strong></span></p><p><span>At this year’s SDS held from May 28-29 in Beijing, Covestro is showcasing its all-in-one passport and ID card solutions, leveraging the company’s latest Makrofol<sup>®</sup> ID polycarbonate (PC) and Platilon<sup>®</sup> ID thermoplastic polyurethane (TPU) films.</span></p><p><span>These innovations include a passport cover solution employing TPU films, offering scratch and tear resistance, unique surface relief effects and color matching tailored to specific passport program requirements.</span></p><p><span>Furthermore, Covestro presents solutions for passport data pages and ID cards, such as sophisticated clear window designs enabled by thin, highly opaque white PC films; color-switching PC films for clear windows and transparent areas in ID documents; high-contrast laser-engravable PC films with level 3 forensic security features post-personalization; and PC films facilitating brighter holograms in PC ID documents.</span><br><br><span>Additionally, Covestro introduces a flexible and durable TPU hinge with tear propagation resistance to attach the PC data page to the passport cover.</span></p><p><i><span>To explore more about how Covestro’s film solutions can accommodate tomorrow’s needs today, visit the Covestro Specialty Films ID landing page at </span></i><a href="https://solutions.covestro.com/en/highlights/articles/theme/applications/id-and-security-documents"><i><span>https://solutions.covestro.com/en/highlights/articles/theme/applications/id-and-security-documents</span></i></a></p>]]></description><category><![CDATA[specialty,Films,Covestro China,Hide CN]]></category>
            <pubDate>Wed, 29 May 2024 02:00:00 +0200</pubDate>
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                <pp:imageOriginal>https://content.presspage.com/uploads/2529/5a5bee4d-62d7-4c4f-a17c-1a58a014ec16/20240529-pressrelease-covestro-at-security-document-summit-pic1.jpg?10000</pp:imageOriginal><pp:imageTitle><![CDATA[20240529_Press release_Covestro-at-Security-Document-Summit-Pic1]]></pp:imageTitle><pp:imageDescription><![CDATA[Covestro has been honored with the prestigious Blue Shield Market Development Award at China&amp;rsquo;s annual Security Document Summit in Beijing. &amp;copy; Covestro]]></pp:imageDescription></item><item>
                        <title>Covestro and CTOT forge strategic partnership to shape the future of vehicle displays</title>
                        <link>https://www.covestro.com/press/covestro-and-ctot-forge-strategic-partnership-to-shape-the-future-of-vehicle-displays/</link>
                        <guid>https://www.covestro.com/press/covestro-and-ctot-forge-strategic-partnership-to-shape-the-future-of-vehicle-displays/</guid><pp:caseid>605629</pp:caseid><pp:subtitle>2023 CIIE</pp:subtitle><pp:summary><![CDATA[<ul><li><span><strong>Specialized polycarbonate (PC) films successfully applied in vehicle display light guide plates</strong></span></li><li><span><strong>Initial order of 20 tons for Makrofol<sup>®</sup> LM807</strong></span></li><li><span><strong>Enhanced partnership to expand use of PC films in vehicle displays</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><span>During the ongoing 6<sup>th</sup> China International Import Expo, Covestro and Changzhou Talent-display Optronics & Technology (CTOT) signed a strategic partnership aimed at advancing vehicle display technologies. The collaboration focuses on the enhanced application of specialized polycarbonate (PC) films to improve vehicle displays. Both companies are committed to jointly developing innovative products and technologies and will collaborate on their promotion to meet fast-evolving demands in human-vehicle interaction.</span></p><p><span>As automobile technology continues to progress in areas like integration, intelligence, electrification and data connectivity, the importance of displays as an interface for human-vehicle interaction is growing. Manufacturers not only need to ensure the reliability of these displays but offer flexibility in design to accommodate the rapid changes in new energy vehicles. In response, Covestro has teamed up with CTOT, a leading manufacturer of backlight modules, to explore tangible solutions.</span></p><p><span>Since this year, the partnership has led to the release of Makrofol<sup>®</sup> LM807, a high-quality PC light guide plate material designed for vehicle displays. Made with optically graded materials and processed with precision, Makrofol<sup>®</sup> PC films demonstrate excellent optical and physical properties along with consistent quality. These features enable light guide plates to accommodate larger and thinner screens. This aligns with the growing trend for expansive displays in electric vehicles, thereby enriching user experiences in both intelligence and entertainment. An initial order of 20 tons of Makrofol<sup>®</sup> LM807 has been placed by CTOT.</span></p><h2><span><strong>Enhanced partnership</strong></span></h2><p><br><span>The latest strategic agreement will further consolidate the partnership between the two companies and expand their joint efforts into high-end industrial control displays. The goal is to provide display module manufacturers with high-performance, flexible, and efficient solutions.</span></p><p><span>During the signing ceremony, Dr. Caroline Wolff, head of Specialty Films in the Asia-Pacific region at Covestro, said, “Covestro is committed to providing high-quality products and continually looks for the best application scenarios. Improving user experience remains a key focus of our efforts at Specialty Films. This partnership marks a comprehensive strategic collaboration in the field of vehicle displays, and we look forward to collaborating with like-minded companies such as CTOT to further industry development.”</span></p><p><span>Yao Bin, general manager of CTOT said, “CTOT is dedicated to offering clients enhanced experiences and diverse choices. Our partnership with Covestro stands as a model, encouraging the industry towards the adoption of innovative technologies. In collaboration with Covestro, we aim to shape the future of vehicle displays.”</span></p><p><i><span>For a closer look at Covestro’s solutions for a fully circular future at the CIIE, visit us at booth 3B6-05, at the National Exhibition and Convention Center (Shanghai) from November 5 to 10, 2023.</span></i></p>]]></description><category><![CDATA[Automotive,specialty,Covestro China,Hide CN]]></category>
            <pubDate>Tue, 07 Nov 2023 12:00:00 +0100</pubDate>
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                <pp:imageOriginal>https://content.presspage.com/uploads/2529/a21ee22d-7ef5-4827-9d76-b87e4d75e783/20231107ctot.jpg?10000</pp:imageOriginal><pp:imageTitle><![CDATA[20231107 CTOT]]></pp:imageTitle><pp:imageDescription><![CDATA[During the CIIE in Shanghai, Covestro and Changzhou Talent-display Optronics &amp;amp; Technology (CTOT) signed a strategic partnership aimed at advancing vehicle display technologies. Third from left: Dr. Caroline Wolff, head of Specialty Films in the Asia-Pacific region at Covestro; third from right: Yao Bin, general manager of CTOT &amp;copy; Covestro]]></pp:imageDescription></item></channel>
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