Articles tagged with 'Covestro China' | Covestro

On May 25, at the 16th (2023) International Photovoltaic Power Generation and Smart Energy Conference & Exhibition (referred to as SNEC), Covestro was honored with the polyurethane certificate for solar composite frames. The certificate was issued by...

New production line started in Taiwan to produce high performance TPU suited for Paint Protection Film (PPF) gradesProducts to be made available globallyNew TPU-based PPF solutions offered under Desmopan®UP brand nameLong-lasting protection for autom...

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

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

Covestro’s Baydur® polyurethane resin has earned a commercial material certificate in solar energy by TÜV Rheinland Germany, the international independent third-party testing, inspecting, and certification agency. This is also TÜV Rheinland’s first p...

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

Polyurethane (PU) composites are strong, lightweight, and efficient in production, making them ideal for various industrial applications. These technologies also offer many benefits for a sustainable circular economy, such as reducing carbon dioxide ...

Group Sales total EUR 18.0 billion (+13.0%)EBITDA of EUR 1.6 billion (–47.6%)Positive free operating cash flow of EUR 138 million (–90.3%)Greenhouse gas emissions fall to 4.7 million metric tons (–9.6%)Circular economy and climate neutrality more imp...

New site to be built in Zhuhai, South China, with an annual capacity of 120,000 tons of TPU per year after final phase of expansionExpansion to happen in three phases: First phase to be completed in late 2025, final phase to be completed in 2033Total...

Seven newly launched solutions cover four major fields, including mobility and constructionExpanded CQ portfolio advances Covestro’s vision of a circular economy

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

Materials manufacturer Covestro has been certified as a Top Employer in China for the fifth consecutive year by the Top Employers Institute. The company scored particularly high in areas such as well-being, work environment, diversity and inclusion.“...

Multi-year contract calls for annual purchase of 300 gigawatt hours of wind and solar power from CGNPlans to cover 30 percent of electricity demand at Covestro's Shanghai siteSolid basis for significant reduction in greenhouse gas emissions...

• Realizing the mass production of PU composite battery pack top covers at a major power battery manufacturer• Expanding the application of polyurethane composite materials in the new energy industry...

Turning used engineering plastics into high-quality post-industrial recycled polycarbonatesNovel business model allows full transparency and traceability along the value chainContributing to the low-carbon development of carmakers...

• Jointly promoting sustainability philosophy among the youth through the orator and illustrator contest• New annual competition centered on climate change will be launched soon

Collaborative efforts with a focus on truck transportProgram is key to the company’s reduction of scope 3 emissionsSupporting customers’ sustainability and climate-neutral targets

• Achieving commercial success through CIIE• Supporting the development of longer wind blades• Further collaboration in more areas

• Launching new generation of low-carbon appliances with Covestro’s low-carbon-footprint MDI through a mass production approach• Generating 60 percent less carbon emission compared to fossil-based MDI...

• Covestro is exploring low-carbon solutions for sports shoes using mass-balanced MDI, TDI, TPU, and other functional materials• Each concept running shoe can reduce carbon emissions by more than 80 percent, with plans to officially launch next year...

• Debut comes a year after Covestro and Sinomax signed their first commercial contract on mass-balanced TDI • Bio-attributed TDI carbon footprint is 36 percent lower than fossil-based counterparts, thus helping to reduce CO2 emissions per mattress by...

• Reducing emissions with mass-balanced MDI, TDI and TPU solutions • Driving the polyurethanes industry towards carbon neutrality • Contributing to China's dual carbon goals ...

• Covestro is deepening local cooperation in the China market to promote the circular economy  • Alternative raw materials support the green transformation of the furniture industry and China’s carbon neutral ambitions...

• Partnership with Shanghai-based innovative electric vehicle start-up empowers smarter, more sustainable value chain • CO₂-reduced polycarbonates and coatings and adhesives solutions further support carmakers in reducing carbon footprint...

Covestro showcases contributions to sustainable, low-carbon industrial developmentInnovative alternative raw materials empower partners to achieve their own carbon reduction goalsWith sustainable solutions in mobility, energy, buildings, and lifestyl...

Under the theme of “Together for a climate-neutral future”, materials manufacturer Covestro is once again participating in the China International Import Expo (CIIE) this year. In order to deliver on its commitment to a circular economy and sustainab...

Group Sales rise to EUR 4.6 billion (+7.3%)EBITDA of EUR 302 million (–65.0%)Net income total EUR 12 million (–97.5%)Free operating cash flow (FOCF) falls to EUR 33 million (–91.3%)Full-year guidance for 2022 narrowedFurther milestones on the path to...

Part of portfolio optimization for the ‘Tailored Urethanes’ Business EntityAppliance remains a key industry for Covestro, company will continue to supply high quality MDI for it 

• Sustainable adhesive solutions drive innovation and evolution in downstream applications • Bio-based technology and bio-degradable technology to promote industry transformation and upgrading  ...

Supporting customers in achieving their sustainability goals