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Covestro Deepens China Footprint with ADNOC Ties and Local Partnership

Polymer materials maker Covestro showcased sustainable materials at the 9th China International Import Expo in Shanghai under majority stakeholder ADNOC's booth. The company signed a memorandum of understanding with MEGA P&C Advanced Materials to co-develop protective coatings for clean energy and logistics.

Photo: China Daily

Polymer materials manufacturer Covestro presented advanced sustainable building and mobility materials at the 9th China International Import Expo (CIIE) in Shanghai, according to China Daily.

Covestro exhibited under the pavilion of Abu Dhabi National Oil Company (ADNOC), which controls a majority stake in the group through its international unit, XRG.

During the event, Covestro signed a memorandum of understanding with Chinese firm MEGA P&C Advanced Materials. The agreement focuses on co-developing protective coatings designed for wind and solar hardware, as well as maritime logistics applications.

The development coincides with Covestro marking 25 years of chemical manufacturing and technology operations in Shanghai.

Sources

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