31
March
2026
|
06:10
Europe/Amsterdam

Covestro (India) Recognised as ‘Best Plastics & Polymers Brand 2026’

Summary

Covestro (India), a leading manufacturer of advanced polymer materials, has been honoured with the ‘Best Plastics & Polymers Brand 2026’ recognition by The Times Group, with BMGI as the knowledge partner. 

The recognition celebrates organisations driving innovation, technological advancement, and service excellence within India's plastics and polymers industry. The selection process involved a comprehensive and transparent evaluation of companies and their contributions to the sector. 

This acknowledgement reflects Covestro India's commitment to high-performance material solutions rooted in the principles of the circular economy — keeping materials in use, reducing dependence on virgin fossil resources, and enabling industries such as automotive, electronics, construction, and healthcare to grow more sustainably.

Commenting on this, Anand Srinivasan, Managing Director, Covestro (India) & Head of Polycarbonate - ISC, said, "We are grateful for this recognition, as it affirms the brand's strategic direction. At Covestro, our vision is clear: we want to be fully circular. That means designing materials that can be recovered, recycled, and re-entered into the loop. In India, we are contributing to this transition — working alongside partners in research, automotive, electrical/electronics, and construction to take concrete steps toward more circular material flows. Innovation is the engine that makes this possible, and we will keep pushing boundaries to deliver solutions that are both high-performing and better for the planet."

Covestro India continues to play a pivotal role in supporting India's manufacturing growth by delivering cutting-edge polymer solutions and fostering industry collaborations aligned with the country's sustainability and circular economy goals.

Boilerplate

About Covestro:
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.

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).

Forward-Looking Statements
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.