Covestro LLC Awarded for Excellent Product Safety and Stewardship Efforts for Second Year in a Row

PITTSBURGH, PA – May 22, 2017 -- For the second straight year, Covestro LLC, a leading producer of high-performance polymers in North America, has received a Product Safety Award from the American Chemistry Council (ACC). The award was presented at ACC’s annual Responsible Care® Conference & Expo, held in Miami.

Covestro was one of only two companies to receive a Product Safety Award, which recognizes member organizations that have excelled at driving continuous improvement in their product safety and stewardship programs.

“This award is a testament to Covestro’s commitment to product safety, stewardship, and sustainability. These key principles are integrated throughout our business from the ground up and I congratulate all employees who made this possible,” said Jerry MacCleary, president of Covestro LLC.

This year’s award submission showcased Covestro’s participation in a field trial with the U.S. Green Building Council (USGBC) to pilot a new credit in Leadership in Energy and Environmental Design (LEED) v4, the latest version of the LEED rating system.

LEED v4 includes a material ingredients credit called “Building Product Disclosure and Optimization” and Covestro participated in reviewing option 3, “Product Manufacturer Supply Chain Optimization.” Three Covestro products were evaluated and verified by an external auditor to receive credit. The process involved employee interviews and the exchange of numerous documents, including a building product ingredient inventory with hazard screen, supplier communications, written programs, procedures and more. After successfully completing the required elements of the option and verification by an external audit, Covestro was awarded the credit for all three submitted products.

As part of the test group, Covestro was also asked to review the credit in relation to the ACC’s Responsible Care Product Safety Code to identify areas of alignment with the USGBC LEED v4 option 3.

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“For Covestro, being able to achieve the LEED credit was significant. Not only did it allow the chemical industry and USGBC to work together, but it also showed that Covestro’s implementation of ACC’s Product Safety Code prepared us well for this challenge,” explained Lisa Marie Nespoli, manager, Product Safety & Stewardship, Covestro LLC.

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 with 2016 sales of EUR 11.9 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 15,600 people at the end of 2016.

Find more information at www.covestro.com.

About the American Chemistry Council: The American Chemistry Council represents the leading companies engaged in the business of chemistry. ACC members apply the science of chemistry to make innovative products and services that make people’s lives better, healthier and safer.

Forward-Looking Statements: 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.