(IN BRIEF) INEOS and Covestro have entered into a long-term natural gas supply agreement lasting up to eight years, ensuring stable and predictable energy for Covestro’s European operations. The agreement, set to begin in 2027, supports both companies’ goals to … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Covestro, David Bucknall, energy challenges, energy costs, energy security, energy supply, energy transition, EU manufacturing, European Industry, feedstock, industrial competitiveness, INEOS, LNG, long-term agreement, natural gas, sustainable energy, Thorsten Dreier
(IN BRIEF) Covestro has achieved net-zero Scope 2 electricity emissions at four of its U.S. production sites through a virtual Power Purchase Agreement (vPPA) with Ørsted. This collaboration, which provides 90 MW of renewable energy capacity, allows Covestro to reduce … Read the full press release
Posted in Business, Chemicals, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 90 MW renewable energy capacity, Baytown Texas, Channelview Texas, circular economy, climate-neutral production, CO2 emissions reduction, Covestro, net-zero emissions, New Martinsville West Virginia, North American market, partnership, Pittsburgh Pennsylvania, RECs, renewable energy, Renewable Energy Certificates, Samir Hifri, scope 2 emissions, South Deerfield Massachusetts, sustainability, Thorsten Dreier, U.S. production sites, virtual power purchase agreement, VPPA, Ørsted
(IN BRIEF) Covestro is investing a low triple-digit million Euro sum to expand its operations in Hebron, Ohio, by adding multiple production lines for polycarbonate compounds and blends. This expansion will support the growing demand for high-quality materials in industries … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Investment
Tagged automotive, blends, compounding capabilities, Covestro, digitalization, electrification of mobility, electronics, engineering plastics, healthcare industries, Hebron, Lily Wang, Ohio, Pittsburgh, polycarbonate compounds, production lines, R&D center, Samir Hifri, Solutions & Specialties business, supply reliability, sustainable development, sustainable growth strategy, technology transfer, Thorsten Dreier, U.S., U.S. compounding plant
(IN BRIEF) Covestro, a leading global high-performance polymer company, has entered into a long-term supply agreement with Encina, a US-based producer of ISCC PLUS certified circular chemicals. Encina will supply Covestro with chemically recycled circular feedstock derived from post-consumer end-of-life … Read the full press release
Posted in Business, Chemicals, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Chemicals Supply, Covestro, David Roesser, Encina, Germany, partnership, sustainability, Thorsten Dreier, USA
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