Covestro strengthens its presence in Mexico through a new strategic distribution alliance with Vinmar Plastichem Mexico
- The partnership expands access to polycarbonate materials with local support and customized solutions.
- Vinmar brings over 47 years of experience in the national market and provides global support in more than 36 countries.
With the drive for advanced manufacturing and the demand for lighter and stronger materials in key sectors such as automotive, electrical-electronics and healthcare, Covestro today announced a strategic alliance with Vinmar Plastichem Mexico to strengthen its presence in the domestic market (specifically the clusters located in the central, Bajio, and north of the country) and facilitate access to its portfolio of polycarbonate solutions to more customers in Mexico.
Polycarbonates are high-performance plastics that have revolutionized multiple industries thanks to their strength, light weight and transparency. They are found in everything from automotive and electronic components to medical devices, eyewear, building materials and sanitary ware.
Their ability to withstand impact, extreme temperatures and maintain their shape with precision makes them a key choice for applications where safety, durability and efficiency are essential. In a world that demands lighter, safer and more sustainable solutions, polycarbonate is positioned as a strategic material to innovate without compromising performance.
This strategic alliance represents a key step in Covestro's expansion in the national territory, combining its leadership in engineering materials with Vinmar's solid track record in distribution, personalized attention and customer orientation. Thanks to this agreement, Mexican companies will have access to an additional channel that improves availability, optimizes delivery times and strengthens the service experience.
"This decision is a firm step towards our goal of building closer and more meaningful relationships with our customers, to deeply understand their challenges and respond with solutions that combine innovation, efficiency and sustainability," said Mariana Guerrero, Covestro's Mexico Engineering Plastics Distribution Manager. "The addition of Vinmar as a strategic partner not only expands our reach, but strengthens our vision of responsible growth, with the customer at the center of every decision."
Since 1988, Vinmar Plastichem Mexico has operated in the domestic market, contributing to the growth of local suppliers and customers. Backed by Vinmar International, which has over 47 years of global experience and presence in more than 58 offices in over 36 countries, VPM offers global solutions with a deep knowledge of the local environment, while maintaining high ethical standards and business conduct.
"This alliance with Covestro represents a great opportunity to strengthen our portfolio of high-performance materials and reaffirm our commitment to Mexico's industrial development," said Kirt Dmytruk, president of Vinmar Plastichem Mexico. "We are convinced that by combining global expertise with local knowledge, we will be able to offer solutions that are closer, more efficient and aligned with current market challenges."
The alliance with VPM aligns with Covestro's strategy of creating an open innovation ecosystem, leveraging VPM's reach to provide technical support to customers - a highly appreciated feature when choosing the purchasing channel -, efficiency in industrial processes and proximity to strategic customers in key sectors.
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).
About Vinmar Plastichem Mexico:
Vinmar Plastichem Mexico (VPM) has been operating in the Mexican market since 1988, driving the growth of local suppliers and customers. In 1993, the company reinforced its commitment with the opening of its first local distribution office. Backed by more than 47 years of global success through Vinmar International and with a presence in more than 58 offices in over 36 countries, VPM offers global solutions with local expertise, maintaining the highest standards of ethics and conduct.
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.