Articles tagged with 'Covestro China' | Covestro

Covestro Press (Covestro China)

2023
17
January
2023
| 04:30 Europe/Amsterdam
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.“...
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2022
13
December
2022
| 10:00 Europe/Amsterdam
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...
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09
November
2022
| 13:37 Europe/Amsterdam
• 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...
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09
November
2022
| 10:07 Europe/Amsterdam
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...
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09
November
2022
| 08:10 Europe/Amsterdam
• Jointly promoting sustainability philosophy among the youth through the orator and illustrator contest• New annual competition centered on climate change will be launched soon...
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08
November
2022
| 10:06 Europe/Amsterdam
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...
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08
November
2022
| 09:34 Europe/Amsterdam
• Achieving commercial success through CIIE• Supporting the development of longer wind blades• Further collaboration in more areas...
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08
November
2022
| 05:05 Europe/Amsterdam
• 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...
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07
November
2022
| 13:33 Europe/Amsterdam
• 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...
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06
November
2022
| 16:20 Europe/Amsterdam
• 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...
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06
November
2022
| 14:10 Europe/Amsterdam
• Reducing emissions with mass-balanced MDI, TDI and TPU solutions • Driving the polyurethanes industry towards carbon neutrality • Contributing to China's dual carbon goals ...
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06
November
2022
| 11:32 Europe/Amsterdam
• 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...
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06
November
2022
| 11:00 Europe/Amsterdam
• 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...
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04
November
2022
| 10:02 Europe/Amsterdam
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...
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01
November
2022
| 06:55 Europe/Amsterdam
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...
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25
October
2022
| 07:00 Europe/Amsterdam
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...
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21
September
2022
| 11:50 Europe/Amsterdam
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 ...
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08
September
2022
| 10:01 Europe/Amsterdam
• Sustainable adhesive solutions drive innovation and evolution in downstream applications • Bio-based technology and bio-degradable technology to promote industry transformation and upgrading  ...
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24
August
2022
| 10:10 Europe/Amsterdam
Supporting customers in achieving their sustainability goals...
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19
August
2022
| 10:12 Europe/Amsterdam
Capability to deliver over 60,000 tons per year of recycled polycarbonates annually by 2026 in region amid strong demandGroundbreaking on company’s first dedicated mechanical recycling production line in ShanghaiRepurposing of an existing production ...
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02
August
2022
| 07:06 Europe/Amsterdam
Group sales rise to EUR 4.7 billion (+18.9%)EBITDA of EUR 547 million (–33.0%) above own guidanceNet income totals EUR 199 million (–55.7%)Free operating cash flow (FOCF) falls to EUR –462 millionFull-year guidance 2022 adjustedContinued focus on the...
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08
July
2022
| 10:57 Europe/Amsterdam
New lines for polyurethane dispersions and elastomers to meet rising demandTotal investment of a mid-double-digit million euro amountNew plants increase the scale of the largest production site of Covestro...
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20
June
2022
| 10:01 Europe/Amsterdam
Covestro, South Korean petrochemical company SK geo centric and Neste are cooperating to enable the production of a major polyurethane raw material based on renewable raw materials via mass balance. The cooperation will see Neste provide SK geo centr...
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03
May
2022
| 07:05 Europe/Amsterdam
Group sales rise to EUR 4.7 billion (+41.6%)EBITDA of EUR 806 million (+8.5%)Net income amounting to EUR 416 million (+5.9%)Free operating cash flow of EUR 17 million (–94.7%)Further steps toward a circular economy and climate neutralityReduced earni...
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24
March
2022
| 12:04 Europe/Amsterdam
For more sustainable mattresses, upholstered furniture, shoes and automotive seatsSignificant reduction of CO2 emissions from cradle-to-gate2Rapidly implementable solution with consistently high quality  ...
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08
March
2022
| 10:03 Europe/Amsterdam
Successful cooperation with textile and yarn technology companies in China...
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01
March
2022
| 07:05 Europe/Amsterdam
Core volumes sold up by 10%Group sales total EUR 15.9 billion (+48.5%)EBITDA more than doubles (>100%) to EUR 3.1 billionFree operating cash flow increases to EUR 1.4 billion (>100%)Highest dividend in the Group’s history proposed: EUR 3.40Climate ne...
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01
March
2022
| 07:01 Europe/Amsterdam
•  Ambitious target: Net zero1 emissions by 2035 for scope 1 and scope 2•  60% reduction in greenhouse gas emissions by 2030 •  Every product to be offered in a climate neutral version in the future with major products already on offer today ...
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24
February
2022
| 10:10 Europe/Amsterdam
New MDI grades are climate neutral from cradle to factory gate1Products already available for construction, cold chain and automotive applicationsDrop-in solution with consistent product quality...
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25
January
2022
| 10:04 Europe/Amsterdam
Use of partly recycled thermoplastic polyurethanes and polycarbonatesMaterial solutions reduce greenhouse gas emissionsIn line with Fairphone's modular design philosophy...
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