WEBVTT

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Industries are facing major challenges,
especially in Europe.

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The chemical industry is no exception.

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Other regions offered
attractive business opportunities,

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which Covestro seized.

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In 2024, we continued our momentum

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and achieved important milestones.

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We landed commercially
successful collaborations

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with the big players
in our customer industries.

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Like Henkel for adhesives,

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Carlisle for construction materials

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and Deutsche Telekom
for home connectivity.

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With increasing global
environmental awareness

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and stricter regulatory requirements.

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Sustainable developments in automotive
are becoming more pressing.

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That is why innovation,
smart design

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and a consistent circular approach

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lead the way in the automotive sector.

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With a technology called direct coating

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We are successfully offering

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new design opportunities
to the auto industry,

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a seemless production process

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from injection molding to coating
in one tool

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lowers the carbon footprint effectively.

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Also, car to car recycling

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and design for circularity

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are becoming even more important.

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We are staying ahead of
this development

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by starting an automotive
plastic recycling system

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with strong international partners.

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Advancing the transformation
of the industry.

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In our collaboration with
Neste and Borealis

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we have completed
the closed loop system

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for the automotive industry.

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With the chemical recycling
of car tires.

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we now have the right setup
to foster a circular economy

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for engineering plastics
in the automotive sector.

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Customer centricity is a key driver
of our business

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and is therefore at the heart
of what we do.

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Provide added value
for our customers.

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We deliver in the fields
where demand is rising,

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whether it's post-consumer
recycled materials,

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lower carbon footprint products

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or solutions made with
alternative raw materials.

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That is why we keep
investing in innovation

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and R&D for new,
sustainable materials.

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Our success in producing
the basic chemical aniline

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entirely from plant based raw materials,

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for the first time in our pilot plant
in Leverkusen,

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gives us a head start in this field.

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Another topic close to
our customers needs

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is providing innovative ideas
for the future of mobility.

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With the Sonnenwagen team,
our long term partnership,

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we once again had the spotlight
on our ambassador

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for reshaping e-mobility.

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For these trends,

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high performance plastics
are the materials of choice.

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And full circularity is the North Star
on our roadmap

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to a customer centric portfolio.

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Covestro has also set the course

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for growth opportunities
in key markets

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With our R&D focus
on innovative plastics

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we are helping our clients to
stay ahead of their business.

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We are all in,

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especially in the long term

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growing markets of electronics
and mobility.

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Our products Makrolon®
and Makrofol® can be used

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to create nearly mono material,

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electronic displays ideal for
integration into smart surfaces,

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in kitchens
and in consumer electronics.

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Also,

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autonomous and connected vehicles
require new materials for sensors,

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for electronics
and advanced interior designs.

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Presenting many, many opportunities
for our polymer innovations.

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AI and big data for predictive modeling

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and designing new materials
for mobility applications

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will give us an extra boost
on the way.