IR Investor Presentation
TDI regional industry cost curve
Combination of scale, integration and technology provides global cost leadership
North America
TDI Cash Cost(a)
A
Western Europe
TDI Cash Cost (a)
B
Asia
TDI Cash Cost(a)
covestro
Covestro Baytown
North American Follower
Covestro Dormagen
Western Europe Follower West European Laggard
Covestro Shanghai
Chinese Follower
Other North East Asian
Leader
A
Covestro cost leadership through backward-integration
B Covestro advantages from superior process technology
Raw material integration and process technology advantages driving superior cost position for Covestro
24
September 2016 | IR Investor Presentation
Notes: (a) Cost of production based on total raw material costs less co-product credits, utility costs, direct fixed costs and allocated fixed costs at specific level of
utilization based on Covestro internal estimatesView entire presentation