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Wednesday - November 7, 2018

Third award since 2013

Covestro receives Sustainability Award from Henkel

Continued commitment to more sustainable adhesive solutions
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The Covestro team around Michael Friede, Head of the Coatings, Adhesives, Specialties segment, is much delighted about being honored again with the Henkel Sustainability Award.

For the third time, Covestro received a Sustainability Award from Henkel Adhesive Technologies. With this prize, the adhesive manufacturer acknowledges its supplier's ongoing commitment to a sustainable product and process pipeline. Particular focus was placed on the cooperation in the development of biobased polyurethane raw materials and concepts to increase product safety, as well as the very good rating of Covestro's sustainability by the international rating agency EcoVadis.

"We are happy to receive this award once again. This is a recognition of our efforts at Covestro in driving sustainability as one of our core strategic pillars," said Michael Hellemann, Senior Vice President, Commercial Operations EMEA/LATAM in the Coatings, Adhesives, Specialties segment at Covestro. "The award underscores our commitment as a company caring for the environment and for social responsibility." Covestro develops biobased adhesive and coating hardeners such as Desmodur® eco N, furthermore the new ultra series of curing agents with low content of free isocyanate monomers.

Every year, Henkel Adhesive Technologies honors strategic partners who offer first-class service in terms of overall supplier performance, innovation and sustainability – for the sixth time this year. Close cooperation with strategic suppliers is an important success factor for this division in order to further expand its innovation and technology leadership.

About Covestro:
With 2017 sales of EUR 14.1 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, construction, wood processing and furniture, and electrical and electronics industries. Other sectors include sports and leisure, cosmetics, health and the chemical industry itself. Covestro has 30 production sites worldwide and employs approximately 16,200 people (calculated as full-time equivalents) at the end of 2017.

For more information please see www.covestro.com.
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Forward-looking statements
This news 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 at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.