Covestro creates a sustainable growth pole 　　

At the end of last month, Covestro announced at an online investor conference that the group will restart the construction and investment project of a world-class methane diphenyl diisocyanate (MDI) plant that was suspended in early 2020, and adopt energy-efficient AdiP in new projects Technology

In the coming period, Covestro will increase investment in circular economy projects and sustainable growth projects through a number of measures

Promote circular economy projects

Tao Pengfei, Chief Financial Officer of Covestro, said that Covestro aims to achieve sustainable growth and will continuously adjust future investment and acquisition plans in accordance with the requirements for profitability and sustainability

Xerox Wen emphasized that on the road to achieving a full cycle, Covestro will continue to abide by its firm commitment to future technologies and continue to expand its sustainable product portfolio

In 2021, Covestro has reached an important milestone on the road of transformation

Invest in high-growth markets

In the next few years, Covestro will continue to invest in high-growth markets

　　In addition, the group will also invest in solutions and specialty chemicals

　　Restructuring the enterprise

　　In July 2021, Covestro re-divided its business into “solutions and specialty chemicals” and “functional materials”

　　Xeroxen said: "In this way, the company can better meet the requirements of specific markets and the individual needs of customers

　　Based on the restructuring, the successful integration of the resin and functional materials business, and the growth in demand driven by sustainable development, Covestro expects that the average EBITDA in the medium-term period will increase from the current 2.