Broadly diversified portfolio
"With these expansions we create the conditions to meet customer requirements more flexibly and quickly. Our tailor-made products enable versatile applications in various industries," says Dr. Thorsten Dreier, global head of the Specialty Films business.
Covestro is a global supplier of special technical films, primarily made from polycarbonate and thermoplastic polyurethane (TPU). With production facilities in Europe, North America and Asia, the company supplies all the world's major markets with products of consistently high quality. By selectively adjusting the surface structure, using additives or coating, the films can be equipped with further innovative functions. The products are characterized by good scratch and UV resistance and can also be equipped with special light scattering capacity and barrier properties.
Customers also benefit from extensive technical support coordinated by the service centers in Shanghai (China), South Deerfield (USA), Dormagen and Bomlitz, Germany. In addition to research into new and innovative products, this also includes the simulation and optimization of customers' production processes.
With 2017 sales of EUR 14.1 billion, Covestro is among the world’s largest polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, construction, wood processing and furniture, and electrical and electronics industries. Other sectors include sports and leisure, cosmetics, health and the chemical industry itself. Covestro has 30 production sites worldwide and employs approximately 16,200 people (calculated as full-time equivalents) at the end of 2017.
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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.