These factors include those discussed in Covestro’s public reports which are available at The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. 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. This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. At the end of 2022, the company had 50 production sites worldwide and employed approximately 18,000 people (calculated as full-time equivalents). Covestro generated sales of EUR 18 billion in fiscal 2022. The company is committed to becoming fully circular and is striving to become climate neutral by 2035 (scope 1 and 2). 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. live-action or animation we create films that tell a unique and emotional story which connects to our universal human values. FHF has sold thousands of licenses worldwide. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. Run by Esther van Messel since 1998, FHF finds partners, finance and deals with the entire production process. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. “In doing so, we aim to intensify our collaboration with customers in the Asia-Pacific region and expand our product portfolio for the circular economy.”Ĭovestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. "We want to drive growth in the polycarbonate films business with innovation and a strong customer focus," says Aleta Richards, Global Head of the Specialty Films segment. "At the same time, we are responding to an increasing demand and supporting the expansion of future technologies and industries." "With this investment, we are strengthening our Solutions & Specialties segment and are committed to further expanding our growth businesses," says Sucheta Govil, Chief Commercial Officer of Covestro. A total of around 50 new jobs will be created. The investment is in the higher double-digit million euro range, the completion is scheduled for 2025. The films of the Makrofol ® range are used primarily in identity documents, automotive displays, and electrical and electronic applications. The company has started building new extrusion lines at the Map Ta Phut Industrial Park in Thailand. Covestro plans to further increase its global production capacity for polycarbonate (PC) specialty films to meet the rising demand in the Asia-Pacific region and worldwide.
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