Digital R&D Intern

Covestro, Fertiglobe and MB Energy sign MoU to explore ammonia supply chain. 9/11/2026 10:00:00 AM * MoU to explore the import, storage, throughput, distribution and potential offtake of ammonia produced by Fertiglobe through MB Energy's proposed Hamburg import terminal * Collaboration brings together Fertiglobe's global ammonia production and supply capabilities, MB Energy's infrastructure and logistics expertise, and Covestro as a potential industrial offtaker for downstream manufacturing applications * Parties to evaluate conventional, lower-carbon and renewable ammonia opportunities to strengthen the resilience and diversification of ammonia supply to Germany and Europe, while supporting the region's energy transformation Covestro, Fertiglobe and MB Energy have signed a Memorandum of Understanding (MoU) to explore collaboration across the ammonia value chain in Germany and Europe. The MoU was signed during the visit to Germany of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates. Signing ceremony during state visit in Munich, f.l.t.r.: Dr. Markus Steilemann, CEO Covestro AG, Philipp Kroepels Chair Operational Committee, MB Energy, Ahmed El-Hoshy, CEO, Fertiglobe The collaboration brings together Fertiglobe's global ammonia production and supply capabilities, MB Energy's energy infrastructure and logistics expertise, and Covestro's position as a major industrial consumer of ammonia in Germany. Under the MoU, Fertiglobe, the world's largest seaborne exporter of urea and ammonia, will explore the potential supply of ammonia through an import terminal proposed to be built and operated by MB Energy, an independent and integrated energy company, at Blumensand in Hamburg. As part of the collaboration, Fertiglobe will also explore potential equity investment in the Hamburg terminal. Covestro, one of the world's leading manufacturers of high-quality polymer materials, will evaluate the potential offtake of ammonia delivered through the terminal for use as feedstock in its production and/or to meet hydrogen supply requirements. By developing an additional route for ammonia imports into Germany, the collaboration has the potential to diversify supply options and strengthen the resilience of supply chains serving European industry. The parties will also explore opportunities to serve other industrial customers across Europe. The parties will jointly assess the commercial, technical and logistical requirements for the potential supply of ammonia via Hamburg, including terminal capacity, volumes, delivery arrangements and onward transportation to industrial customers. They will also evaluate enabling infrastructure and logistics, including pipelines, barges and rail transportation. Ammonia is an essential feedstock for the chemical industry and can also serve as a carrier of hydrogen. Access to reliable and competitive lower-carbon and renewable ammonia could help reduce the carbon footprint of chemical production and support the industry's energy transformation. Import, storage and transport infrastructure will be critical to making such supplies available at an industrial scale. The collaboration will consider conventional, lower-carbon and renewable ammonia, including the carbon intensity of potential supply and alignment with applicable regulatory and certification frameworks, such as the EU Carbon Border Adjustment Mechanism (CBAM) and relevant low-carbon and renewable hydrogen requirements. Jonathan Perkins, CEO of MB Energy, said: "Europe's energy transition depends not only on low-carbon molecules, but on reliable infrastructure to reach industrial customers at scale. This MoU brings together complementary capabilities across supply, logistics and demand to explore a credible ammonia value chain through Hamburg. With MB Energy's long-standing infrastructure and logistics capabilities, we aim to strengthen supply security while enabling the progressive introduction of lower-carbon ammonia in Germany and across Europe." Ahmed El-Hoshy, Chief Executive Officer of Fertiglobe, commented: "This MoU marks an important step in strengthening Fertiglobe's connectivity with industrial customers in Europe and expanding routes to market for our global ammonia platform. Together with Covestro and MB Energy, we see an opportunity to support the development of a reliable and competitive ammonia supply chain through Hamburg, in line with our Grow 2030 focus on customer proximity and disciplined growth in lower-carbon ammonia." Dr. Markus Steilemann, CEO of Covestro, added: "Ammonia is an essential building block for the chemical industry - and its carbon footprint matters for the transformation of our production. Securing reliable, competitive and increasingly low-carbon ammonia is therefore a strategic priority for Covestro. Together with Fertiglobe and MB Energy, we are exploring an additional supply route that could support our path toward climate neutrality while strengthening supply resilience in Germany and Europe."

Covestro (India) Private Limited earns AEO Tier 2 certification from Central Board of Indirect Taxes and Customs. 2026-09-03 08:29:01 Industry Mumbai, September 3, 2026: Covestro (India) Private Limited has received Authorised Economic Operator (AEO) Tier 2 certification from the Central Board of Indirect Taxes and Customs (CBIC), Government of India, recognising the company's customs compliance and supply-chain security practices. For Covestro (India) AEO T2 brings concrete operational advantages: priority customs processing, Direct Port Delivery and Direct Port Entry for eligible consignments, reduced bank guarantee requirements, and an extended duty deferral period of up to 30 days following the Union Budget 2026-27 proposal and subsequent notification. For customers, this means shipments arrive faster and with fewer disruptions, a significant advantage for manufacturers running on lean or just-in-time schedules. Together, these measures make Covestro India's cross-border supply chain more predictable, cost-efficient and reliable for everyone in the chain. Commenting on this achievement, Anand Srinivasan, Managing Director - Covestro (India) & Head of Polycarbonate - ISC, said, "India's manufacturing sector is growing fast and supply-chain standards are rising with it. AEO T2 puts us in a stronger position to serve our customers here - not just as a supplier, but as a partner they can plan their businesses around." The AEO programme is a trade-facilitation initiative administered by the Directorate of International Customs under CBIC, recognising businesses with established standards of customs compliance and supply-chain security. Its three-tier framework - T1, T2 and T3 - offers progressively enhanced facilitation, with T2 reserved for organisations that demonstrate mature, verifiable compliance controls. The programme is aligned with international trusted-trader frameworks and is designed to facilitate secure, efficient cross-border trade. About Covestro: Covestro is one of the world's leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself. Company :-Storytellers 101 PR User :- Sonali Mishra Email :[email protected] * 1040ez online form * Income tax forms * Form Tax * Notebook Computer * Booking

Covestro: research project KOLLEKT advances Circular Economy for automotive lighting components. 11 Aug 2026 - Covestro joins BMW, FORVIA HELLA and other partners to develop fully recyclable automotive lighting components - "Design for Circularity" meets high-performance polycarbonate: Covestro drives closed material loops in automotive applications - AI-powered robotic dismantling and digital product twins enable industrial-scale plastics recycling - KOLLEKT advances Covestro's circular economy vision - turning headlamp into tomorrow's resource Demonstrating "The Material Effect" in action, Covestro announced its participation in the KOLLEKT research project a publicly funded, interdisciplinary consortium dedicated to developing recyclable product concepts for automotive lighting, mechatronic and electronic components. The three-year project, funded by the German Federal Ministry for Research, Technology and Space (BMFTR) under the CircularGlowUp funding framework and supervised by the Karlsruhe Project Management Agency (PTKA), addresses one of the automotive industry's most pressing challenges: how to keep materials in use longer, reduce resource consumption, and build genuinely circular value chains. KOLLEKT brings together FORVIA HELLA as coordinator alongside partners BMW, Covestro, Geba, Fraunhofer IEM, Fraunhofer UMSICHT, the University of Paderborn, Hamm-Lippstadt University of Applied Sciences, the Helmholtz-Zentrum Dresden-Rossendorf (HZDR), and SW Maschinenservice. The project runs from June 2026 to May 2029, with a total BMFTR funding volume of €4.371 million including project lump sums. From Headlamp to Tomorrow's Resource The automotive industry faces growing pressure from resource scarcity, supply security concerns, and tightening regulatory requirements most notably the EU End-of-Life Vehicles (ELV) Regulation. Technological hurdles, cost pressure, and insufficient product recyclability have so far prevented efficient plastics cycles from becoming established at scale. KOLLEKT directly addresses this gap by placing "Design for Circularity" at its core product design optimized for recyclability from the very beginning, complemented by four R-strategies: Repair, Re-Use, Remanufacture, and Recycle. KOLLEKT researches how future lighting components can be made repairable, reusable, and recyclable and what production and logistics processes this requires. Covestro's Role: Materials That Enable Circularity As a key materials partner in KOLLEKT, Covestro contributes its deep expertise in high-performance polymers and sustainable material solutions working across the full circular value chain, from supporting circular product design and material concepts through to the evaluation of recycling pathways for polycarbonate. Covestro's Makrolon(R), Bayblend(R) and Apec(R) materials are among the most widely used plastics in automotive lighting applications, and bringing these materials back into high-quality use cycles is central to the project's ambition. Covestro's involvement ensures that material properties, recyclate quality, and end-of-life behavior are fully considered from the design stage onward a prerequisite for true circularity, and a direct expression of Covestro's vision of a fully circular economy. "KOLLEKT is a prime example of how we create value together with our customers and partners going beyond material supply to co-designing solutions from the very beginning," says Monique Buch, Chief Commercial Officer at Covestro. "By aligning early across the value chain with BMW, FORVIA HELLA and other partners, we can embed circularity directly into product development. That is what true co-creation looks like and how we turn sustainability ambitions into tangible outcomes." Intelligent Dismantling and Digital Twins A flexible, AI-powered robotic dismantling cell is central to KOLLEKT's technical approach. Using digital product twins and AI-based data processing, the project establishes the foundation for reuse and recycling at industrial scale enabling precise, largely automated, and material-pure disassembly. Networked data exchange integrates material, product, and process information in real time, creating a transparent, traceable circular ecosystem. Building on Proven Foundations KOLLEKT builds directly on its predecessor project NALYSES, successfully completed in 2026, and advances its findings into a comprehensive, end-to-end circular value creation model. Early involvement of SMEs, industry associations, and networks alongside conferences, academic teaching, and publications ensures that results can be scaled and transferred to other sectors beyond automotive lighting, including electrical and electronics applications. Advancing Circular Economy Goals KOLLEKT aligns directly with Covestro's strategic commitment to the circular economy. Covestro continues to expand its portfolio of circular solutions including its post-consumer recycled Circular Intelligence (CQ) product families like the R, RV and RP material lines. Notably, RV and RP product lines address post-consumer car2car recycling, featuring recycled end-of-life vehicle materials such as headlamps, with third-party certification. The insights generated by KOLLEKT will contribute to meeting EU ELV recycling targets toward 2032 and support automotive manufacturers in fulfilling expected recycled content quotas without compromising performance or quality. Through its global production and supply network, Covestro supports decarbonization and resource circularity in mobility, truly elevating materials into solutions that matter. "KOLLEKT is a concrete step toward closing the loop on high-performance polycarbonate in automotive applications," says Guido Naberfeld, Head of Sales and Market Development Mobility at Covestro. "By combining Design for Circularity with advanced recycling technologies and digital traceability, we are demonstrating that sustainability and material performance are not a trade-off. This is how Covestro contributes to meeting the EU's ELV targets and helps the entire automotive value chain transition to a truly circular model." About Covestro: Covestro is one of the world's leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself. The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group's Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 12.9 billion in fiscal year 2025. At the end of 2025, the company had 46 production sites worldwide and employed approximately 17,600 people (calculated as full-time equivalents).