Covestro strenghtens operations in APAC region
Staff Reporter
With the APAC region occupying a considerable position in its business plans, Covestro, a manufacturer of high-tech polymer materials and innovative product solutions, has appointed Connell Brother as its channel partner at Bangladesh to further its reach and market share in the country.
The announcement is scheduled to be made during a joint event conducted by Covestro Connell and Covestro AG today at Le Mridien in the capital, says a press release.
After the successful completion of one year since its independence from the parent company - Bayer, Covestro continues to fortify its position in the global coatings and adhesives market.
Commenting on the development, Dr Kumar Iyer, head commercial operations- BU Coatings, Adhesives and Specialties, India Sub-continent said, Footwear is an increasingly important application in the Bangladesh market, especially our adhesives for the sports shoes and leather footwear markets.
The local formulation development will be well supported by the technical centre at Mumbai, India.
In addition, Our Innovation centre based in Shanghai, China will help in developing new PU products by listening to the market and providing solutions meeting the customer requirement.
This partnership with Connell Brother will help us to serve our customers by bring value added PU coatings and adhesive solutions to market at a faster pace, he added.
