Month: July 2019

Covestro becomes majority stakeholder in DIC Covestro Polymer joint venture in Japan

Covestro accelerates the expansion of its Thermoplastic Polyurethanes business (TPU) by raising its stake in the Joint Venture DIC Covestro Polymer Ltd. (DCP) from 50 to 80%. DCP, established as a 50/50 joint venture in the year 2000, is a leading company in the Japanese TPU industry. The investment is part of Covestro’s expansion of