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Covestro launches a new group structure

 Last Update: 2021-08-05
 Source: Internet
 Author: User

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Sinochem News Network News on July 1, Covestro announced the effective new organizational structure, successfully reorganizing its three previous business segments-polyurethane, polycarbonate, coatings, adhesives and specialty chemicals into seven businesses Ministry, thus reaching the first milestone in the implementation of its new "sustainable future" strategy
.

Covestro proposed the "Sustainable Future" strategy in February 2021, taking as its guiding principle the corporate vision of fully embracing the circular economy
.

Covestro CEO Markus Steilemann said: “Covestro attaches great importance to sustainable development, is systematically promoting the realization of a circular economy, and is fully prepared for its future development

Covestro insists on being guided by customer needs and market requirements
.

According to the first part of the strategy "Achieving Covestro Excellence", the Group's business units will pay more attention to the requirements of each market to meet customer needs to a greater extent

Thomas Toepfer, Chief Financial Officer of Covestro, said: "Covestro hopes to achieve sustainable growth
.

This also means that Covestro will continue to adjust its investments and acquisitions in terms of profitability and sustainability

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Covestro launches new group structure to lay the foundation for sustainable growth

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Covestro launches a new group structure

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Covestro launches new group structure to lay the foundation for sustainable growth