Covestro - Brighter Future Better Vision

Covestro emphasizes its commitment to drive sustainability and end plastic waste, launching “Brighter Future, Better Vision” campaign following waste-to-value approach on World Environment Day 2019

5 June 2019, Covestro, a world’s leading manufacturer of hi-tech polymer material, launched the “Brighter Future, Better Vision” joining the mission to reduce plastic waste in Thailand. The project aims to deliver waste-to-value approach by transforming plastic waste with an advanced innovation into eyeglasses frames made from recycled polycarbonate. The complete eyeglasses will then be donated to school students in communities in Rayong. Covestro believes that this campaign will be one of the efforts to support youth's education and enhance sustainability in communities, hence, make the world a brighter place.

Dr. Juergen Meyn, Managing Director of Covestro (Thailand) Co., Ltd. said,  “Over the years, plastic waste has been continously increased globally, as a result, all parties, both the government and private sectors, have made this issue a priority and come together to find solutions. With our business strategy that puts an importance on sustainaibility, Covestro embodies sustainability as a buisness’s core value in the process of our R&D, manufacturing and delivering products that are friendly to community, society, and environment along with delivering benefits for all involved parties. And the efforts are in line with our commitment to UN Sustainable Development Goals in 2015 and the goal of Alliance to End Plastic Waste network in which the company has joined early this year.”

In response to the global strategy and policy, Covestro in Thailand has taken part in plastic waste reduction effort through the campaign “Brighter Future, Better Vision” that was launched at all locations across the country.  The activitiy which engaged with both employees and communities, includes PET bottles collecting and donating from employees, waste collecting at communities around Map Ta Phut production site, and also awareness raising and knowledge sharing about effective plastic waste management to children at Wat Ta Kuan School in Rayong. The campaign targets to drive an involvement of the private sector and the communities to take more serious action in reducing plastic waste while embeding the environment responsible mindset in the long run.

In addition, all the collected PET plastic bottles from this campaign will enter recycling process along with our polycarbonates material to produce eyeglasses frames. And all the eyeglasses will be further donated to students in schools as one of educational support for youth, aligning with a waste-to-value concept that based on the Circular Economy. And the efforts are also in line with our commitment to UN Sustainable Development Goals in 2015 and the goal of Alliance to End Plastic Waste network in which the company has joined early this year.

“We believe that this campaign will be another step moving forward to reduce plastic waste and re-create value of the waste as well as encourage greater engagement for further solution at a national level. And it’s to support sustainable way to make the world a brighter place for future generations,” Dr. Juergen Meyn concluded.

About Covestro:

With 2018 sales of EUR 14.6 billion, Covestro is among the world’s largest polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, construction, wood processing and furniture, and electrical and electronics industries. Other sectors include sports and leisure, cosmetics, health and the chemical industry itself. Covestro has 30 production sites worldwide and employs approximately 16,800 people (calculated as full-time equivalents) at the end of 2018.

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.