New legal entity name, WeChat account and Greater China website

科思创Covestro

2016-02-01

导读：Hightlight 1Formerly Bayer MaterialScience, Covestro h

Highlight 1

Formerly Bayer MaterialScience, Covestro has officially renamed its legal entity 拜耳材料科技（中国）有限公司 (Bayer MaterialScience (China) Company Limited) to 科思创聚合物（中国）有限公司 (Covestro Polymers (China) Company Limited), effective from December 24, 2015.

Highlight 2

Covestro rolled out today its new official WeChat account

“Covestro in China”,

replacing the previous account “Bayer MaterialScience”.

Highlight 3

Welcome to visit Covestro’s new Greater China website: www.covestro.cn

The announcement signifies the polymer materials supplier has completed all the legal entity registration activities across China on schedule since separation from Bayer in September 2015.

The new name 科思创 [ke si chuang] represents a bold new direction and bright future for the world’s leading polymers company.

科

[ke]

signifies science and innovation

思

[si]

represents a company with talent and big thinking

创

[chuang]

suggests a company that is well-invested in state-of-the-art manufacturing facilities with a proven track record of excellence and commitment to value creation.

The move further consolidates Covestro’s commitment to China, as the country accounts for a robust 15 percent of its overall sales in the first three quarters of 2015 despite a decelerated GDP growth.

“Covestro has been committed to bringing advanced business ideas and technologies into China and growing together with the Chinese market,” said Steffan Huber, Senior Covestro Representative, Greater China. “With the unveiling of the new legal entity name, Covestro will continue to take deeper root in the Chinese market, focusing on local innovation, research and development to meet the demands of customers and value chain stakeholders.”

Meanwhile Covestro has commenced usage of the new company brand logo in China on all official company collateral materials.

Covestro aims to capture the Chinese market growth over the next 5 years by maximizing existing investment and state-of-the-art technologies to explore innovative approaches to productivity, efficiency and sustainability improvements.

“Our vision at Covestro is as simple as it is bold: we want to make the world a brighter place,” Huber added. “We fulfill this vision by joining China in shaping one shared future in the industry and supporting China’s efforts to become a more sustainable and innovative country.”

Covestro is heavily invested in China. Shanghai is home to Covestro’s global headquarters for polycarbonates, a key raw material widely applied in the automotive, appliances and electronics sectors. Covestro also hosts its research and development center for Asia-Pacific in Shanghai, as well as the Covestro Integrated Site Shanghai, the company’s largest investment outside of Germany, and other four plants in Guangzhou, Shenzhen, Tianjin and Qingdao.

The plan for Bayer MaterialScience to become a separate company was announced in September 2014. From September 1, 2015 Bayer MaterialScience is operating under the Covestro name.

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科思创Covestro

科思创专注于聚合物材料的生产制造，以及用于诸多日常生活领域的创新性及可持续性产品解决方案的研发，从而致力于全面推动循环经济发展。主要服务领域涵盖汽车与交通、建筑、家具与木材加工、电子、电气与家电、运动休闲、化妆品、医疗以及化工行业本身。

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科思创Covestro 科思创专注于聚合物材料的生产制造，以及用于诸多日常生活领域的创新性及可持续性产品解决方案的研发，从而致力于全面推动循环经济发展。主要服务领域涵盖汽车与交通、建筑、家具与木材加工、电子、电气与家电、运动休闲、化妆品、医疗以及化工行业本身。

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