Covestro LLC honored for product safety and excellence for the fourth year in a row

PUReWall receives Responsible Care Award
Covestro was honored by the American Chemistry Council with a Responsible Care® Product Safety Award for PUReWallTM, a highly structural and energy-efficient panel designed for residential construction.

American Chemistry Council singles out company for two awards at Responsible Care® event

Pittsburgh, April 18, 2019 — For the fourth year running, the American Chemistry Council (ACC) recognized Covestro LLC with a Responsible Care® Product Safety Award. The company, a leading producer of high-performance polymers in North America, received the award at the ACC’s annual Responsible Care® Conference & Expo, held recently in Fort Lauderdale, Florida.

Covestro was one of four companies to receive a Responsible Care® Product Safety Award, which recognizes member organizations that have excelled at driving continuous improvement in chemical product safety. The company was honored for its PUReWall™ offering, which addresses challenges related to traditional spray polyurethane foam application in the residential construction market.

Covestro was also one of 49 companies to earn the Responsible Care® Facility Safety Award, presented to member companies for achievements in employee health and safety performance.

“Product safety, stewardship and sustainability are woven into the core of our business, and for good reason,” said Jerry MacCleary, chairman and CEO, Covestro LLC. “I believe being recognized for the fourth consecutive year for the Product Safety Award is a powerful affirmation that our people are consistently solving industry challenges by applying safe and sustainable solutions in innovative ways.”

Designed for residential construction, PUReWall™ panels are manufactured at a panelization facility in a controlled environment and installed at the construction site. This structural, high-performance wall replaces traditional exterior sheathing with polyisocyanurate rigid foam board and uses a new closed cell spray polyurethane foam formulation that results in a highly structural and energy-efficient panel.

“PUReWall™ is a faster, cost efficient, and safer alternative to stick-built housing that is sprayed in the field,” said Lisa Marie Nespoli, manager, Product Safety & Stewardship, Covestro LLC. She explains that PUReWall™ panels are manufactured in a controlled environment, which eliminates field exposure to chemicals, improves application conditions and allows the panels to fully cure prior to installation. The panels are measured, assembled, insulated and sent ready for installation, which reduces jobsite waste and increases worker productivity.

At the annual Responsible Care® Conference & Expo, the ACC honors chemical industry leaders for outstanding work in chemical management, including environmental, health, safety and security performance. Award winners qualify based on exemplary performance and are selected by a committee made up of internal and external experts. The Responsible Care® Awards Program was developed to recognize companies that exemplified leadership and outstanding performance based on the implementation and execution of the Responsible Care® program.

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, which is among the world’s largest polymer companies with 2018 sales of EUR 14.6 billion. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, construction, wood processing and furniture, electrical and electronics, and healthcare industries. Other sectors include sports and leisure, cosmetics and the chemical industry itself. Covestro has 30 production sites worldwide and employed approximately 16,800 people at the end of 2018.

Find more information at www.covestro.us or www.covestro.com/en/purewall/overview.

Media Contacts:

Tara Majdalani, Phone: 412 413 5456
Tara.Majdalani@covestro.com

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This news 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 at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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