Covestro goes online to sell polymers in China
By Wang Ying in Shanghai | China Daily | Updated: 2018-09-19 08:14
Covestro AG, a German producer of high-tech polymers, is tapping e-commerce on an experimental basis in China.
The China market is the single largest contributor to Covestro's global sales. The company, formerly known as Bayer Material Science, expects to boost its total global sales via online channels to 1 billion euros ($1.17 billion), by the end of 2019, said Markus Steilemann, its CEO.
Polymers are used in a wide range of industries to enrich raw materials used to produce products.
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