"Solutions and Specialty Chemicals" business segment



  • will become the company's largest TPU production base in the future
  • enhances high-performance TPU production network to meet global demand growth
  • equipped with advanced production technology, full use of green electricity



The site of the foundation laying ceremony for the new TPU base, from left: Liu Wenping, Deputy Secretary of the Party Committee and Deputy General Manager of Shanghai Huanqiu Engineering Co., Ltd., Feng Fengmei, Deputy District Mayor of Zhuhai Jinwan District, Yan Jun, Deputy Director of Zhuhai Investment Promotion Department, Wu Yeli, Deputy Director of Zhuhai Commerce Bureau and Second Class Investigator, Lei Huanli, President of Kostron China, Dr. Ehlers, Head of Global Production and Stephan of Costron, lisa Ketelsen, Head of Asia Pacific Region of Covestro Thermoplastic Polyurethane Division, He Yanfeng, Director Manager of Covestro Shenzhen and Zhuhai Bases




on September 27, 2023, Kos Innovation TPU Base broke ground in Zhuhai, Guangdong. © Covestro


About Covestro:

Covestro is one of the world's leading producers of high-quality polymers and their components. Relying on innovative products, processes and methods, the company helps promote sustainability and improve quality of life in many areas. Covestro serves customers worldwide in key industries such as transportation, construction and living, and electrical and electronics. In addition, Covestro polymers are also used in fields such as sports and leisure, cosmetics and medical health, as well as the chemical industry itself.

is committed to full recycling, with the goal of achieving climate neutrality (ranges 1 and 2) by 2035. In fiscal year 2022, Covestro sales reached € 18 billion billion. At the end of 2022, Covestro has 50 production sites worldwide and approximately 18000 employees (on a full-time basis).

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For more information, please visitwww.covestro.comandwww.covestro.cn.

Covestro Official WeChat Public Number: Covestro in China

Forward-Looking Statements

This press release may contain forward-looking statements based on current assumptions and projections made by Covestro AG. A variety of known and unknown risks, uncertainties and other factors could cause the Company's actual future results of operations, financial condition, development or performance to differ materially from the estimates made herein. These factors are included in the official Covestro report, which can be viewed at www.covestro.com. Covestro assumes no responsibility to update these forward-looking statements or to conform them to future events or developments.