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Covestro is discontinuing its Maezio line of fiber-reinforced thermoplastic composite products this year. The company bought the business in 2015 but has not been able to create synergy with its core engineering polymer business. As a result of this decision, Covestro is shutting down its production site in Markt Bibart, Germany, where it employs 48 people. The company could not find a buyer for the site.
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