
Expert Statement: Christian Haessler, Covestro
The European Chemical Industry has set out on an ambitious path to become carbon neutral.

The European Chemical Industry has set out on an ambitious path to become carbon neutral.

In a major move portfolio move, German engineering plastics producer Covestro is taking over DSM’s coating resins business for €1.6 billion, including debt. The transaction is expected to close in the first quarter of 2021, following all approvals.

The chemical industry is on the threshold of a new era – the age of circularity. We asked industry experts to share their opinions on this transformational topic.
















Digitalization is a very important topic not only in the chemical industry as a whole, but also in chemical distribution.






Covestro has widened its stake in its thermoplastic polyurethanes (TPU) joint venture with Japanese PPS compounder and pigment manufacturer DIC (formerly Dainippon Ink & Chemicals), increasing its holding to 80% from 50%.

Virtually all areas of our lives would be inconceivable without products that come directly or indirectly in contact with chemical production: It affects the modern office environment, our private lives and thus our well-being and life fulfilment including health, leisure and personal protection.



















