Covestro chief bullish on China

The firm's new materials can achieve higher energy efficiency and reduce CO2 emissions, says its chief

Patrick Thomas, chairman and chief executive officer of Covestro from the Bayer stable, believes the future of plastic in China is bright as economic growth still remains robust albeit slower.

He heads a company that was spun from the MaterialScience business of German chemicals and pharmaceuticals giant Bayer. "China continues to be strategically important for us and we are also well-positioned to further contribute to the market."