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Steven Pacitti
Verified
Editor, Urethanes Technology International
United Kingdom
Beats
Environment
Content
By Steven Pacitti| Urethanes Technology International Verified Covestro has outlined plans to cut costs by €400m a year by 2028 as part of its ongoing transformation to the circular economy and is calling on Europe to undergo a clear reboot of economic policy. In what Christian Baier called a “challenging market environment” during Covestro’s Annual General Meeting today, the CFO said that the company achieved its narrowed full-year targets for 2024.
By Steven Pacitti| Urethanes Technology International Verified Global footwear brands are continuing to monitor the evolving trade situation with the US after the latter paused the implementation of reciprocal tariffs last week. Manufacturers of footwear have been steadily shifting production away from China in recent years, with Vietnam the major focus, but President Trump’s trade policy has left nowhere safe to hide across Southeast Asia.
By Steven Pacitti| Urethanes Technology International Verified Covestro has outlined plans to cut costs by €400m a year by 2028 as part of its ongoing transformation to the circular economy and is calling on Europe to undergo a clear reboot of economic policy. In what Christian Baier called a “challenging market environment” during Covestro’s Annual General Meeting today, the CFO said that the company achieved its narrowed full-year targets for 2024.
Company Info
Urethanes Technology International
UTECH Polyurethane, operating under the Urethanes Technology International brand, is a media and events organization dedicated to the global polyurethane industry. Established in 1983, the company provides essential information, market analysis, and regulatory updates through its publications and events. As a subsidiary of Crain Communications, UTECH benefits from extensive resources to serve its audience effectively. The company publishes the Urethanes Technology International magazine, which covers topics such as polyurethane machinery, automotive applications, and regulatory developments. UTECH also organizes trade shows globally, including UTECH Europe and UTECH Southeast Asia, and produces annual market reports on the polyurethane sector. By collaborating with industry leaders like Huntsman, UTECH promotes advancements in sustainable polyurethane solutions and connects stakeholders through its events and digital platforms.
Founded: 1984