Committed to the community

Covestro donates $10,000 to the American Red Cross to assist West Virginia flood victims

Pittsburgh, July 12, 2016 — In response to flooding that devastated several West Virginia counties, Covestro LLC donated $10,000 to the American Red Cross. The donation will be used to support the nonprofit organization’s efforts to provide shelter, meals, cleaning supplies and other items and vital services to areas in need.

Covestro operates manufacturing facilities in the West Virginia communities of New Martinsville and South Charleston, and some of its employees were directly affected by the flooding.

Covestro’s commitment to these communities and their people is part of i3 (ignite, imagine, innovate), its companywide corporate social responsibility initiative that centers on philanthropy, employee volunteerism and STEM education.

In addition to Covestro’s financial support, the plant sites also have been involved in the relief effort, as have the company’s West Virginia employees, who donated supplies and their time.

The New Martinsville site gave supplies to a local fire department and church that are offering services to those in need. “Although the New Martinsville area was spared from the flooding, we wanted to offer our support and assistance,” said Jeff Bolton, vice president and general plant manager – New Martinsville, Covestro LLC. “I’m thankful for the efforts of our employees and Covestro’s quick response in providing a donation to help relief efforts.”

The flooding hit close to home for employees at the South Charleston plant. The Clendenin and Elkview areas, where several employees or their families live, were significantly impacted.

“Our site is a very tight-knit group. Seeing our employees come together to aid those in need is indicative of the spirit of Covestro,” said Glenn Kraynie, vice president and general plant manager – South Charleston, Covestro LLC. “In addition to the relief supplies donated by our employees, we all appreciate Covestro’s support, which included allowing employees time off to participate in relief and cleanup efforts.”

About i3 (ignite, imagine, innovate)

i3 (ignite, imagine, innovate) is Covestro LLC’s companywide corporate social responsibility (CSR) initiative that aims to spark curiosity, to envision what could be and to help create it. Built on the three pillars of philanthropy (i3 Give), employee volunteerism (i3 Engage) and STEM education (i3 Give), i3 seeks to create sustainable and lasting impacts. i3 Give is designed to innovate corporate philanthropy strategies that combine both human and financial resources to build stronger communities. i3 Engage re-imagines the way employees from for-profits and nonprofits engage with one another for more effective outcomes. And, i3 STEM ignites young minds to become the innovators of tomorrow through support of hands-on, inquiry-based STEM education, workforce experience and employee volunteerism.

About Covestro LLC:

Covestro LLC is one of the leading producers of high-performance polymers in North America and is part of the global Covestro business with 2015 sales of EUR 12.1 billion. Covestro manufactures high-tech polymer materials and develops innovative solutions for products used in many areas of daily life. The main segments served are the automotive, electrical and electronics, construction, medical and sports and leisure industries. The Covestro group has 30 production sites around the globe and employed approximately 15,800 people at the end of 2015.

Find more information at www.covestro.com.

Covestro Contact:

Alice Sox, Phone: +1 412-413-5430
Alice.Sox@covestro.com

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This press release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available on the Covestro website at www.covestro.com. Covestro assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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