Commenting on the participation, Dr. Kumar Iyer, Head, Business Unit Coatings, Adhesives and Specialties at Covestro India said, “Globally, we are commemorating 80 years of polyurethanes that have changed the world to provide energy-efficient refrigerators, comfortable upholstered furniture, safe car seats, protective coatings and lightweight composites. At Paint India, Covestro once again proved that we are at the forefront to drive the success story forward. The two product launched at the show were made in India, and Made for Indian markets. With our innovative and sustainable materials we are advancing the development of polyurethanes to make the world a brighter place.”
In India, we are working closely with end-users and educating them about the benefits of PU over other traditionally used materials and developing materials specifically for Indian market. We are committed to the further development of sustainable PU based solutions and will further drive the development of high performance, high efficiency coating raw materials” he added.
Coatings, Adhesives & Specialties (CAS) division of Covestro offers polyurethane (PU) raw materials, which are used as building blocks in coatings & adhesives used in various applications such as automobile, construction, transportation, furniture, footwear and others.
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.
Find more information at: www.covestro.in and www.covestro.com
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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.