04
April
2023
|
10:19
Europe/Amsterdam

Announcement of change of Country Representative and President

Summary

Tokyo, April 4, 2023 ¨C ÃÜÌÒAV Japan Ltd. (Headquarters: Minato-ku, Tokyo) announces that Mr. Munetaka Uchimura will be appointed as Country Representative for ÃÜÌÒAV in Japan and President of ÃÜÌÒAV Japan Ltd., succeeding Mr. Kimiyasu Yonemaru effective July 1st, 2023.

NameNew functionCurrent function
Munetaka UchimuraCountry Representative for ÃÜÌÒAV in Japan and President of ÃÜÌÒAV Japan Ltd.President and Representative Director Japan Fine Coatings Co., Ltd. ?

 

Mr. Uchimura will take over the position in addition to his current role as President of Japan Fine Coatings Co., Ltd.. Kimiyasu Yonemaru (currently, Country Representative for ÃÜÌÒAV in Japan and President of ÃÜÌÒAV Japan Ltd..) will retire from ÃÜÌÒAV, effective June 30, 2023.

? Japan Fine Coatings Co., Ltd. is a wholly owned subsidiary of ÃÜÌÒAV Japan Ltd.

Boilerplate

About ÃÜÌÒAV: 
ÃÜÌÒAV is one of the world¡¯s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. ÃÜÌÒAV supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from ÃÜÌÒAV are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself.

The company is geared completely to the circular economy. In addition, ÃÜÌÒAV aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group¡¯s Scope 3 emissions are also set to be climate neutral by 2050. ÃÜÌÒAV generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).

Forward-Looking Statements 
This news release may contain forward-looking statements based on current assumptions and forecasts made by ÃÜÌÒAV. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in ÃÜÌÒAV¡¯s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.