High-Level Strategic Collaboration — Yinuowei and Covestro Strengthen Their Industrial Chain Alliance

High-Level Strategic Collaboration — Yinuowei and Covestro Strengthen Their Industrial Chain Alliance

On May 26, 2026, Zeng Tingting, Director of MDI Distribution at Covestro, led a delegation to visit Yinuowei Group and held strategic talks with the group’s Chairman, Xu Jun. In recent months, senior executives from both sides have engaged in continuous, intensive strategic exchanges and business coordination, advancing step by step—from high-level strategic alignment to concrete implementation—marking the establishment of a normalized, deep‑level strategic partnership between Yinuowei and Covestro.

Zeng Tingting and her delegation visited the production control center and the intelligent manufacturing lines at Yinuowei New Materials, conducting an on-site inspection of the end-to-end production management system and the achievements of its smart‑manufacturing upgrade. They also gained a detailed understanding of Yinuowei’s capacity‑expansion plans. At present, Yinuowei is accelerating the expansion of production capacity across its three major bases, aligning precisely with Covestro’s planned commissioning of its production facilities. The synchronized upgrading of upstream and downstream capacity, coupled with coordinated pacing, has laid a solid foundation for building a long‑term, stable, safe, and reliable supply chain system.

Chairman Xu Jun accompanied the Covestro team on a visit to the Yinuowei Technology Museum, where he provided a comprehensive overview of the Group’s end-to-end industrial-chain advantages and its robust technological innovation capabilities, from raw materials to finished products. He also reviewed the two parties’ longstanding partnership, characterized by mutual empowerment, trust, and win-win collaboration. As a core player spanning both upstream and downstream segments of the global polyurethane value chain, Covestro and Yinuowei have maintained a highly aligned development vision and a deeply integrated cooperative relationship, with synergies across the supply chain continuing to unfold. Director Zeng Tingting stated that Covestro will further optimize its global resource allocation, steadily increase support for Yinuowei, and make every effort to ensure the smooth achievement of their annual cooperation objectives.

This meeting represents a key component of the two sides’ recent series of strategic engagements, further strengthening mutual strategic trust, deepening the substance of cooperation, and clarifying priority collaborative tasks and timelines for the next phase. Moving forward, Yinuowei and Covestro will continue to uphold the development philosophy of “synergistic coexistence and mutually beneficial collaboration,” fully leveraging the strengths of both upstream and downstream segments of the value chain, working together to enhance supply-chain resilience, jointly mitigating risks posed by market volatility, and building an even closer community of shared interests across the industry chain, thereby driving high-quality development of China’s polyurethane sector.