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Covestro and ADNOC Showcase at CIIE, Partnering with Chinese Materials Firm

Polymer manufacturer Covestro presented advanced material solutions at the China International Import Expo under the pavilion of its majority shareholder, ADNOC. During the event, Covestro signed a memorandum of understanding with MEGA P&C Advanced Materials to develop specialized coatings for clean energy and maritime equipment.

Published Source: China Daily
Business executives in suits posing together in front of the BGP exhibition booth at a trade fair
Photo: China Daily

Polymer materials manufacturer Covestro presented advanced material solutions at the China International Import Expo in Shanghai under the pavilion of its majority shareholder, Abu Dhabi National Oil Company (ADNOC).

ADNOC holds a majority stake in Covestro through its international investment entity, XRG.

During the exhibition, Covestro signed a memorandum of understanding with Chinese producer MEGA P&C Advanced Materials. The agreement establishes joint development of specialized coatings for wind turbine blades, solar panels, and lower-carbon maritime logistics equipment.

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

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