Covestro Enters Sustainable Building Solutions Agreements with Chinese Developers
Covestro has forged partnerships with Chinese property developers, including Shanghai Pudong Development (Group) Co. Ltd. (PDG Group) and Shanghai Lujiazui (Group) Co. Ltd., as well as key industry collaborators. Their shared objective is to advance more sustainable, energy-efficient solutions in construction, capitalizing on Covestro’s material expertise, especially in polyurethanes. These endeavors closely align with China’s stringent energy goals in the construction sector, addressing the urgent challenge of buildings contributing to over half of the nation’s carbon emissions.
“Covestro is devoted to becoming fully circular,” said Markus Steilemann, Ph.D., CEO of Covestro. “At the same time, we help our customers and major industries to achieve climate neutrality through our material innovations. The construction industry, particularly in China, is central to this mission. With our new partnerships we will expedite the adoption of more sustainable construction practices in China and jointly play a vital role in mitigating climate change.”