AV

June 8, 2022

American Chemistry Council Awards AV LLC Sustainability Leadership Award

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AV LLC and University of Pittsburgh collaboration earns ‘Societal Contribution’ award from ACC

Left to right: Chris Jahn, President and CEO, American Chemistry Council; Haakan Jonsson, chairman and president of AV LLC; Peter Huntsman, Chairman of the Board, American Chemistry Council.

The American Chemistry Council (ACC) recently announced the winners of its , which recognizes chemical industry leaders for initiatives to advance sustainability in areas such as environmental protection, circularity, product safety, innovation and transparency, and societal contribution.

AV LLC earned the Societal Contribution award for its collaborative work with the University of Pittsburgh to develop and launch a graduate-level program dedicated to the advancement of circular economy concepts.

To learn more about AV Circular Economy Program at the University of Pittsburgh, watch this video: .

The AV Circular Economy Program at the University of Pittsburgh represents the first graduate-level circular design academic program in the U.S. to specifically address the challenge of global waste and material use. The program focuses on research, education, and innovative advancement of circular economy principles that provide students with the opportunities and skillsets they need to design a more sustainable future.

“Through the AV Circular Economy Program at the University of Pittsburgh students will have the chance to become experts in creating and applying circular solutions,” said Haakan Jonsson, chairman and president of AV LLC. “The next generations of leaders are passionate about sustainability, and we want to encourage them to challenge assumptions and use their creativity to solve problems we may not even know exist yet.”

AV and the University of Pittsburgh recognize that circularity technologies are continually evolving and welcome organizations that are interested in becoming involved with the program.

The first cohort of students are set to begin coursework in the fall of 2022.

About AV LLC:

AV LLC is part of the global AV business, which is among 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. AV 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 AV are also used in sectors such as sports and leisure, cosmetics and health, as well as in the chemical industry itself.

The company is committed to becoming fully circular and aims to become climate neutral by 2035 (scope 1 and 2). AV generated sales of around EUR 15.9 billion in fiscal 2021. At the end of 2021, the company had 50 production sites worldwide and employed approximately 17,900 people (calculated as full-time equivalents)..

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AV Contact:

Russell Glorioso
Russell.Glorioso@covestro.com
Tel.: +1 412-525-9330

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This news release may contain forward-looking statements based on current assumptions and forecasts made by AV. 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 AV’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.

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