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Xinhua Headlines: China s extended Belt and Road commitment to reshape int l transport routes, deliver prosperity
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China-Pakistan agricultural & industrial information platform a typical case of Belt and Road green cooperation--China Economic Net
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Covestro Taiwan Ltd (台灣科思創) yesterday launched a new research and development center that is to specialize in resin synthesis and fiberoptic coating after its parent company, Covestro AG, acquired a resins business from Royal DSM, it said.
The German company in September 2020 agreed to buy the resins and functional materials business from Royal DSM for about 1.61 billion euros (US$1.69 billion), corporate data showed.
The Dutch company’s local units, such as Covestro Resins (ROA) Ltd (帝伸) and Covestro Resins (Taiwan) Ltd (新力美), are next month to be integrated into Covestro Taiwan Ltd, with their employees continuing resins development, Covestro Taiwan said.
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