Covestro donates RMB 1.4m in supplies to Shanghai for epidemic prevention and control
Delivering corporate social responsibility
German materials manufacturer Covestro announced today it has donated 70,000 Covid-19 antigen rapid test kits to Shanghai for pandemic prevention and control amid the latest spike in Covid-19 cases across the city. The kits, with a combined market value of RMB 1.4 million, were donated through the Shanghai Charity Foundation. The first batch of supplies have already been delivered to the medical center of the Shanghai Chemical Industry Park (SCIP).
Since this round of the pandemic broke out in Shanghai, the SCIP has made every effort to maintain the safety and stability of the entire park by strictly adopting anti-pandemic measures in order to help companies ensure normal and continuous production. The park is home to Covestro Integrated Site Shanghai, the company’s largest production site worldwide.
Covestro China President Holly Lei said, “On behalf of Covestro, I would like to pay the highest tribute to people from all walks of life who are at the frontlines in the fight against the pandemic. Covestro is committed to fulfilling social responsibility and we want to contribute our modest efforts with this donation. We hope production and life will get back to the right track as soon as possible.”
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, cosmetics and health, as well as in the chemical industry itself.
The company is committed to becoming fully circular and is striving to become climate neutral by 2035 (scope 1 and 2). Covestro generated sales of EUR 15.9 billion in fiscal 2021. At the end of 2021, the company had 50 production sites worldwide and employed approximately 17,900 people (calculated as full-time equivalents).
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.