Covestro Expands Production Capacity in Thailand

Covestro has announced significant progress in expanding its production capacity in Thailand, focusing on specialty films and polycarbonate special films.

Key Developments:

• The company has increased its production capacity in Thailand to meet growing demand for specialty films and polycarbonate special films.
• The expansion is part of Covestro’s ongoing efforts to enhance its global production network.

Emissions Reduction:

Covestro has also reported a notable decrease in scope 1 emissions at its Baytown, TX site, with a reduction of 60%.

Index Removal:

Covestro’s stock is set to be removed from the STOXX Europe 600 index, which may impact its market value.

Note: The removal from the index is a standard process and does not necessarily reflect on the company’s performance or prospects.