Covestro's CFO Sees Largest Growth Rates in China

The video discusses the company's positive outlook on the Chinese and Indian markets, emphasizing the benefits of early investments in China. It highlights the impact of green energy and mega trends like urbanization on product demand. The company focuses on manufacturing in China, maintaining close relations with the government, and has seen success since its IPO. The growth strategy includes organic growth and potential M&A, with no current plans to list on other stock exchanges, focusing on investor relations in key financial centers.

What strategic decision did the company make 15 years ago that is now benefiting them?

• Diversifying into new industries

• Focusing on the Indian market

• Establishing a strong presence in China

• Investing in renewable energy

What are the key trends driving demand for the company's products in China?

• Agricultural development

• Healthcare advancements

• Urbanization and increased mobility

• Digital transformation and AI

Why is it important for the company to have production hubs close to their customers?

• To increase brand visibility

• To comply with local regulations

• To ensure quick delivery and better customer service

• To reduce transportation costs

How has the Chinese government supported the company's operations?

• By providing financial subsidies

• By offering tax exemptions

• By granting timely permits for production facilities

• By promoting their products internationally

What is the company's current focus in terms of growth strategy?

• Expanding into new geographical markets

• Reducing operational costs

• Exploring both organic growth and M&A opportunities

• Focusing solely on organic growth