Covestro recently announced that it considers itself to be on a clear course and well-positioned for the rest of the year, following a challenging first six months as a result of the coronavirus pandemic. At the virtual annual general meeting Markus Steilemann, CEO, confirmed the strategy pursued by the company.

“The development over the first six months and the economic outlook for the current year show that we still find ourselves in a macroeconomicly difficult situation,” he said. “However, I am sure that we will steer Covestro through this successfully. We are pursuing a clear, far-sighted strategy that addresses current challenges, but most importantly will secure the company’s long-term success.”