This investment will enable Covestro to better supply high-quality polymers to the North American paints and coatings market.
Covestro has recently invested 40 million dollars in its Pittsburgh headquarters (United States of America) to undertake significant modern technical upgrades.
Key Investment Areas:
- State-of-the-Art laboratories: Renovation of existing polyurethane R&D facilities to create new state-of-the-art laboratories;
- Equipment upgrades: Enhancement of equipment and machinery to better serve customers in key industries such as automotive and construction;
- Campus refresh: Revamping the campus to align with Covestro’s purpose to make the world a brighter place;
- Modernised office spaces: Upgrading office facilities to strengthen collaboration and workplace culture.
“This represents the largest R&D investment in our facilities in Pittsburgh for decades. We recognize that our employees and our customers are two of our most important stakeholders, and, through this investment, we can positively impact them both,” has stated Anna Clark-Emerick, Pittsburgh site manager at Covestro LLC.
Moreover, given that the construction industry represents almost 20% of Covestro’s business, the company has incorporated its own materials and those of its customers into many aspects of the campus retrofit, including roofing insulation as well as interior and exterior coatings.
“We consistently see our customers creating the most innovative and sustainable products in their fields, and it is incumbent upon Covestro to make sure we lead the way in the materials sector to help ensure our customers’ success. One way we will support our customers is through achieving our own ambitious sustainability goals and our vision to become fully circular, and the investments we are marking in Pittsburgh will help us reach those targets,” has added Samir Hifri, President and Chairman of Covestro.