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.
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About ARCH Foundation:
ARCH is a section 8 social enterprise providing customized solutions to companies and foundations to deliver impactful CSR initiatives, leveraging the strengths of diverse stakeholders in the social sector. ARCH is working towards development activities through research and study based indices with a view to bring systematic and pragmatic approach to grass root interventions, ultimately thriving for maximum sustainable output. Projects/programs designed and implemented by ARCH are mainly focused on Education, Women Empowerment, Skill and livelihood and financial literacy to name a few.
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.