Covestro media center

The Covestro media center provides background information, news releases and high-resolution images from Covestro in China.


  • Corporate News

    Covestro welcomes German Chancellor at Asia-Pacific Innovation Center in Shanghai

    Asia-Pacific Innovation Center one of Covestro’s leading innovation hubs for world-class research on the way to circular economy High-tech plastics for China’s ongoing green transformation Development of sustainable products, technologies and solutio…

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  • solar

    Covestro implements large photovoltaic facility with tailored polyurethanes at Shanghai site

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  • Global

    Transformation consistently advanced in challenging fiscal year

    Group sales of EUR 14.4 billion (–20%)EBITDA of EUR 1.1 billion (– 33.2%)Positive free operating cash flow of EUR 232 million (+68.1%)Climate neutrality strategy finalized with scope 3 targetOutlook for 2024: EBITDA between EUR 1.0 and EUR 1.6 billio…

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  • Alternative raw materials

    Covestro publishes climate neutrality targets for scope 3 emissions

    Reduction of 10 million metric tons of greenhouse gases produced in upstream and downstream supply chains (scope 3) by 2035, climate neutrality for scope 3 by 2050Climate strategy for reducing greenhouse gases completeConcrete plan for implementation…

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  • People

    Covestro certified as Top Employer in China for sixth consecutive year

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  • Shanghai

    Covestro implements electric trucks for short-distance chemical shuttling at Shanghai site

    Commercial deployment marks significant progress in green logistics pilot programReady for scaling up at company’s largest production siteContributing to scope 3 emissions reduction and a circular economy

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  • Coatings

    Innovation for more sustainable textile coatings

    New PU dispersion is one-third bio-based

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  • Alternative raw materials

    Covestro to launch mass-balanced PUDs in the Asia Pacific market

    Low-carbon-footprint PUDs with up to 80 percent alternative raw materials1  based on solidsDrop-in solution with identical technical properties from batch to batchOffering starts from Q1 2024

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  • Coatings

    Covestro introduces five coating solutions for sustainable transformation in China

    Advancing localization in R&D and productionInnovative solutions across transportation, construction, printing and packaging, and industrial coatings sectorsCollaborating on a sustainable packaging innovation white paper with Tongji University profes…

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  • Plastics

    Covestro assists China’s Xinquan Automotive in going global

    Global strategic cooperation agreement signed at China International Import ExpoPartnership paves the way for innovative solutions that directly enhance the automotive industry in North America, Europe, and ASEANAdvancing the expansion of low-carbon,…

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  • Plastics

    Covestro forges pioneering agreements with Chinese developers to advance more sustainable building solutions

    Buildings account for over half of nation’s emissions as government promotes more stringent energy targetsPolyurethane-based solutions from Covestro support construction sector’s transition to more sustainabilityCollaborations with property developer…

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  • solar

    Covestro and partners collaborate for a sustainable photovoltaic industry

    Six-party agreement signed at CIIE marks the launch of industry cooperation platformDiversified solutions to create more circular, lighter and higher-performance solar PV modulesAlternative raw materials to empower industry development for a circular…

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  • Automotive

    Covestro and CTOT forge strategic partnership to shape the future of vehicle displays

    Specialized polycarbonate (PC) films successfully applied in vehicle display light guide platesInitial order of 20 tons for Makrofol® LM807Enhanced partnership to expand use of PC films in vehicle displays

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  • Coatings

    Covestro collaborates with industry partners to advance low-carbon coating systems for railway transportation

    Cooperation agreement signed with China’s CRRC Tangshan and Paint-KeyProduction efficiency, energy and carbon reduction, waterborne solutions in focus of industry’s green transformationWaterborne topcoat solution for high-speed trains meets commercia…

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  • Circular Economy

    Covestro and HiPhi launch joint laboratory on advanced material solutions for future mobility

    Joint laboratory to address key challenges of future mobilityDriving commercialization of low-carbon solutions and establishment of relevant standardsDevelopment of smart surface technologies and battery solutions

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  • Materials & Industries

    Covestro strengthens partnership with China’s Huafon at key trade expo

    Exploring expansion of mass-balanced MDI in Huafon’s portfolioNew agreement follows joint appearances at China International Import Expo in previous years 

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  • Foams

    Covestro returns to the China International Import Expo in Shanghai

    Participation in major trade expo for three years in a rowFirst showcase of chemically recycled PU foam in ChinaStrengthening partnerships from mobility to construction for a circular future

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  • Global

    Covestro achieves EBITDA guidance for third quarter

    Group sales of EUR 3.6 billion (–22.7%)EBITDA of EUR 277 million (–8.3%) meets guidanceNet income of EUR –31 millionFree operating cash flow rises to EUR 308 million (>100%)Full-year guidance narrowed at the lower end of the rangesNew Chief Financial…

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  • Corporate News

    Covestro launches mechanical recycling polycarbonate compounding line in China

    Shanghai facility is the inaugural dedicated line of its kind of Covestro with an annual capacity of 25,000 tonsCommitted to supplying 60,000 tons of recycled-content polycarbonates annually in Asia Pacific by 2026Expansive range of premium recycled…

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  • Plastics

    Groundbreaking for new TPU Production Site of Covestro in China

    Groundbreaking of company’s largest future TPU site in Zhuhai, ChinaStrengthening the production network for high-performance TPU to meet rising global demandUtilizing advanced production technologies and run entirely with renewable power

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  • Coatings

    Covestro unveils enhanced PUD portfolio at China Adhesive and Tape Annual Conference

    Upgraded waterborne products covering consumer electronics, sports and leisure, mobility, printing and packaging.Pioneering a circular economy through integrated production and research capabilities

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  • Materials & Industries

    Covestro advances polyurethane dispersions capabilities with completion of new Shanghai facility

    New plant to come on stream in Q1 2024Modular construction saves time and improves investment efficiencyEnvironmentally compatible PUDs replace solvent-based typesMore circular versions to be offered graduallyDiverse applications in automobile, const…

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  • Circular Economy

    Chemical recycling of polycarbonates reaches a major milestone

    Robust process developed on a laboratory scalePilot-scale technical implementation startsRecycled monomer can be used for the production of polycarbonate

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  • Coatings

    Huafeng, Cyclone and Covestro collaborate to provide sports shoes and shorts with reduced carbon footprint

    Huafeng developed more sustainable HAPTIC® textile coating solution based on Covestro’s partly bio-based Impranil® CQ DLS/1 PU dispersionNew textile coating solution was used to produce official shorts and shoes of Team Sonnenwagen solar car projectH…

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  • Elastomers

    Covestro starts new Elastomers plant in Shanghai

    Investment in the double-digit million Euro range New plant one of several similar investments into the Elastomers business across the globeProducts can be used in offshore wind turbines and to manufacture photovoltaic panels, among others

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  • Global

    Covestro confirms full-year guidance despite weak economic activity

    Group Sales of EUR 3.7 billion (–20.9%)EBITDA of EUR 385 million (–29.6%)Net income totals EUR 46 million (–76.9%)Free operating cash flow rises to EUR –10 millionFull-year results expected to be rather at lower half of the guidanceQ3 2023: EBITDA be…

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  • Materials

    Covestro receives polyurethane certificate for solar composite frames from TÜV SÜD

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Past news

  • Covestro CEO leads European plastics association

    Markus Steilemann elected to head PlasticsEurope

  • Empowering the Circular Economy, Covestro presents digital showroom at ChinaCoat 2020

    Powering digital innovation & connecting the sustainable future

  • Covestro works with RAL to present trendy colors in RAL Colour Feeling 2021+

    Polycarbonate used for the first time to display colors in essential color guide

  • Covestro with significant growth in volume and earnings in third quarter

    Upward trend stabilized: Demand recovery continues

  • Stepping up the game

    Continuous fiber-reinforced thermoplastic composites enable high-performance components for sports shoes

  • Premiere for sports floorings with CO2 in China

    Covestro joins forces with Chinese partner INOV

  • Covestro, Chris Lefteri Design jointly release color and materials trends reports

    Exploring material applications in design

  • Netherlands logo made of used plastics for the Netherlands Consulate General in Guangzhou

    Covestro promotes circular economy through open innovation

  • Covestro developed innovative machine for the direct infusion of polyurethane rotor blades

    Successful production of a polyurethane wind rotor blade at Goldwind

  • Covestro, Goldwind and LZ Blades develop world’s first 64.2-meter full polyurethane wind turbine blade

    Breakthrough achieved in application of polyurethane resin in wind turbine blades

  • Q2 2020: Results significantly impacted by the coronavirus pandemic as expected

    Full-year guidance confirmed, economic environment remains uncertain

  • How Quantum Computing can benefit chemistry

    Covestro and Google cooperate on research for novel computer technology

  • Covestro to explore energy-efficient windows and doors market with KraussMaffei and China’s CPIC

    Three parties have signed a Memorandum of Cooperation

  • Carbon fiber composites give luggage a leg up

    Chinese luggage brand TUPLUS has released a new carbon fiber suitcase under its “Core” lineup.

  • Accelerating China’s open innovation initiatives

    Covestro-Tongji Innovation Academy with concrete results

  • Covestro advances strategic cooperation with Silan Group for digitalization

    Multiple industrial e-commerce platforms to seize digital opportunities

Resources for media

Covestro media relations team

If you have any questions, please contact our media relations team for additional information.

Our media relations team in China is available to answer questions from members of media regarding Covestro in China.

Richard Fu
Telephone: +86 21 8020 8452

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