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Wednesday - April 27, 2016

2016 Low Carbon Contest sponsored by Japanese Ministry of the Environment

Award for Takiron polycarbonate multiwall sheet

Saving energy through thermal insulation / Daylighting performance / Covestro material enabled sustainable development
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Thanks to award-winning Lumo Carbo sheets from Takiron, this market hall is flooded with daylight. The sheets are made from transparent Makrolon® polycarbonate from Covestro.

Takiron Co. Ltd., a Japanese plastic products manufacturer and long-time customer of Covestro, recently received an award in the 2016 Low Carbon Contest sponsored by the Japanese Ministry of the Environment. The purpose of the contest is to promote the development of a low carbon society for the next generation. Awards are given to climate protection programs established by companies, schools and local communities.

The judges said that Takiron's “Lumo Carbo” multiwall sheet was exemplary in this context: used in facades, it acts as a thermal insulator and saves energy. Its high transparency promotes the use of natural sunlight inside buildings instead of artificial lighting.

“We would like to sincerely congratulate our partner on receiving this significant award,” says Kimiyasu Yonemaru, Senior Covestro Representative in Japan. “Glass is usually the material of choice for transparent building facades. However, polycarbonate sheet with its strong impact resistance, thermal insulation and low weight, is also an excellent material for this kind of application.”

Covestro considers the award to this polycarbonate sheet a confirmation of its corporate vision: To make the world a brighter place. “According to the integrated sustainability strategy, Covestro develops products and processes that improve people's lives, protect our planet and create value for customers and partners. Takiron's award-winning product is a perfect example for this,” adds Kimiyasu Yonemaru.

About Covestro:
With 2015 sales of EUR 12.1 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, electrical and electronics, construction and the sports and leisure industries. Covestro, formerly Bayer MaterialScience, has 30 production sites around the globe and as of the end of the first quarter 2016 employed approximately 15,700 people (full-time equivalents).

About Takiron:
Takiron was established in 1919 as a celluloid manufacturing plant. To satisfy a growing range of needs that has kept pace with the development of society, Takiron has developed and released many high-quality products such as highly-functional materials and building and civil engineering materials through to materials for medical use and many more, all which are created using our unique technological innovations based on leading-edge plastics technologies. Through such business activities, we promote corporate activity with the mission "To create a fruitful social environment through plastics technology" which can contribute beneficially to the preservation of the global environment and to society in general.

Find more information at www.covestro.com and www.takiron.co.jp/english/company
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Forward-looking statements
This press 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 on the Covestro website at www.covestro.com. Covestro assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.