Covestro faces tough challenges

Chennai: From its consistent crisis prevention measures and a recovery in demand, Covestro said it saw a strong end to an exceptional year.

However, despite the successful fourth quarter, the group could not fully compensate the massive, pandemic-related cut-backs that arose in the first six months.

“We were able to successfully navigate through this highly exceptional year and maintained our ability to act at all times,” said CEO Markus Steilemann.

 

NT Bureau