Exhibit on the circular economy and talk series with Forschungszentrum Jülich

Covestro shows solution for the future at Expo 2020 in Dubai

  • Company represented in German Pavilion for six months
  • Virtual talk series #IndustryMeetsScience together with Forschungszentrum Jülich starts on October 15
Learning about the circular economy in a playful way: Covestro's contribution to the German Pavilion at Expo 2020 Dubai conveys information about a circular economy.

Covestro is demonstrating how CO₂ can be used as a sustainable new raw material in plastics production at the World Expo in Dubai. Visitors to Expo 2020 Dubai can experience the innovative technology for six months on an exhibit in the German Pavilion. The solution saves petroleum and thus contributes to resource conservation and climate protection as part of the circular economy. At the same time, Covestro is presenting a virtual talk series together with an institute of the Jülich Research Center, where major topics of the exhibition will be discussed with international experts.

"The Expo in Dubai is a unique opportunity to show the world how we can tackle the many global challenges and shape a truly sustainable future. This will succeed if society and business consistently adapt to the circular economy," says Markus Steilemann, CEO of Covestro. "The chemical industry is contributing to this by making its processes and products even more environmentally compatible. With this in mind, we at Covestro are developing more and more ways to produce high-quality plastics using CO₂ instead of petroleum."

Science and industry discuss future topics

To accompany Expo 2020 in Dubai, Covestro and the Institute of Biological and Earth Sciences 2: Plant Sciences at Forschungszentrum Jülich are hosting #IndustryMeetsScience Talks, a virtual talk series highlighting and discussing current issues and global challenges such as endangered biodiversity, future mobility and the expansion of renewable energies. The talks feature high-profile opinion leaders from the fields of science and business.

"The #IndustryMeetsScience Talks are an exciting virtual talk series that highlights exemplary solutions to global challenges. Together, we want to highlight Germany's innovative solutions to key issues. I am pleased that we have been able to attract renowned experts for this purpose," says Professor Ulrich Schurr from Forschungszentrum Jülich. The first virtual talk on the topic of plant life and biodiversity will take place on October 15. This will be followed on October 21 by the topic of alternative raw materials with Covestro CEO Markus Steilemann.

The #IndustryMeetsScience Talks will be broadcast live on Covestro's popular social media channels, including LinkedIn, Twitter, Facebook und Youtube.

#IndustryMeetsScience: In a series of talks, Covestro and Forschungszentrum Jülich highlight solutions for a sustainable future.

Part of the German Pavilion with focus on sustainability

Covestro and Forschungszentrum Jülich are partners in the German Pavilion consortium at Expo 2020 Dubai. The exhibit on the circular economy is part of the German Pavilion, which is located on the grounds in the sustainability area and is organized by Koelnmesse GmbH on behalf of the German Federal Ministry for Economic Affairs and Energy. In total, the German Pavilion showcases 36 innovative and creative exhibits designed to encourage guests to interact and raise awareness of the importance of sustainability in the present and future.

The exhibits are divided into the core themes of energy, city of the future and biodiversity, each of which represents a so-called lab. The Covestro exhibit on the circular economy will be located in the Lab City of the Future, which is divided into a series of innovative ideas and approaches that take a look at the mobility, buildings and life of tomorrow.

Expo 2020 will start on October 1, 2021 and run for a total of six months, until March 31, 2022.

About Covestro:

With 2020 sales of EUR 10.7 billion, Covestro is among the world’s leading polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative, sustainable solutions for products used in many areas of daily life. In doing so, Covestro is fully committed to the circular economy. The main industries served are the automotive and transportation industries, construction, furniture and wood processing, as well as electrical, electronics, and household appliances industries. Other sectors include sports and leisure, cosmetics, health and the chemical industry itself. At the end of 2020, Covestro has 33 production sites worldwide and employs approximately 16,500 people (calculated as full-time equivalents).

Background information:

From October 01, 2021 to March 31, 2022, the upcoming World Expo will be held in Dubai. Under the motto "Connecting Minds, Creating the Future," 190 countries will participate. It is the first expo in the Arabic-speaking world. The organizer expects more than 70 percent of the visitors to come from abroad. On behalf of the German Federal Ministry for Economic Affairs and Energy, Koelnmesse GmbH is responsible for organizing and operating the German Pavilion at Expo 2020 in Dubai. The concept, planning and realization of the German Pavilion are the responsibility of the "German Pavilion Expo 2020 Dubai Consortium" consisting of the two companies facts and fiction GmbH (Cologne) and NÜSSLI Adunic AG (Hüttwilen, Switzerland). Here, facts and fiction is responsible for the content concept as well as the exhibition and media design, while NÜSSLI Adunic is responsible for the structural execution. Covestro is a partner of the consortium and presents CO2 technology with its exhibit as part of the exhibition. The architecture and spatial concept are by LAVA - Laboratory for Visionary Architecture (Berlin). The cultural program "Culture Lab" is the responsibility of the Frankfurt agency VOSS+FISCHER together with the culture and media manager Mike P. Heisel as a joint venture.

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.