Get in touch with Covestro

Polycarbonate-based Roof Sensor Module for Automated Driving

Covestro teams up with Alibaba Cloud to advance sustainable plastics traceability

Joint solutions to enhance supply chain transparency of sustainable plasticsCarbon accounting and tracing platform empowered by digital technologyProven use case in the consumer goods sector

Ensuring competitiveness in a challenging environment

Transformation program STRONG launched By 2028: EUR 400 million annual savings globally, EUR 190 million of which will be in Germany Increased efficiency through digitalization and Artificial Intelligence

Covestro AG enters into concrete negotiations with Adnoc regarding a potential transaction

Covestro to deploy innovative heat battery from Rondo Energy

Heat Battery generates heat and steam for industrial productionBill Gates Foundation “Breakthrough Energy Catalyst” and European Investment Bank sponsor the projectThe battery will generate ten percent of the steam needed at the Covestro site in Brun…

Materials enabling design for circularity

Design of products plays an important role for a circular economyChemical industry at the right spot in value chain to bring knowledge about materials into design discussionsCovestro offers knowledge on various aspects of circular design

Covestro and bp sign long-term supply agreement for solar power in Spain

10-year agreement to supply Covestro with renewable energy from a solar power plant in Spain Contract boosts Covestro’s renewable electricity use in Spain to 30 percent, significantly increasing renewables supply for Tarragona site The agreement supp…

Rebounding volumes in a challenging environment

Group sales stable at EUR 3.7 billion (–0.8%)EBITDA within expectations at EUR 320 million (–16.9%)Group result at EUR –72 millionFree operating cash flow at EUR –147 millionGuidance for 2024 fiscal year: EBITDA between EUR 1 billion and EUR 1.4 bill…

Covestro to collaborate with Li Auto on advanced, sustainable material solutions for Next-Gen vehicles

Joint innovation platform with leading Chinese EV maker intendedFocus on circularity and future-oriented applications with engineering plasticsLaunch of new polycarbonate solutions for smart lighting

Covestro LLC and Carlisle Construction Materials Lead the Way in Sustainable Construction Using Bio-Circular Attributed Materials

Covestro to supply MDI with bio-circular attributed raw materialsCarlisle Construction Materials will produce polyurethane building insulation from the MDIMaterial based on ISCC PLUS certified sustainable raw materials has a CO2 reduction potential o…

Covestro to build new TPU application development center in Guangzhou, China

New application development center will enhance customer proximity, foster cross-functional synergies, and streamline talent and resource managementCompany rapidly expands its footprint for TPU in the Asia-Pacific region: new APAC application develop…

‘Beyond Leather Materials’ develops new, >85% bio-based leather alternative made with apple waste using PU dispersions from Covestro

Beyond Leather Materials’ LEAP® contains more than 85% bio-based material, largely waste from apple-pressing processesCovestro’s INSQIN® technology forms the basis for LEAP®’s protective coating, ensuring optimum durability and a premium finishExperi…

Covestro signs an Investment Agreement with ADNOC and supports ADNOC’s public takeover offer to all Covestro shareholders

ADNOC International Germany Holding AG makes a takeover offer at €62.00 per Covestro share The Investment Agreement defines key aspects of the strategic partnership, including clear commitments by ADNOC International to fully support the ‘Sustainable…

12 million euros for cutting-edge research: Covestro to fund CAT Catalytic Centre until 2031

Catalysis research centre as a joint project with RWTH Aachen UniversityScientists develop alternative raw material sources, improving the recyclability of plasticsPartners have been promoting sustainable chemistry since 2007

Covestro invests 100 million Euros in R&D to boost global innovation centers

Upgraded infrastructure for future technologies to realize sustainable solutions in all regionsDigital R&D simulations to research recycling innovationsInvestments drive applications in core industries automotive and construction

Covestro at the FAKUMA 2024

Materializing the circular economyCircular products and concepts on display at booth B4-4208Products with various forms of recycled contents on display

Covestro receives ISCC PLUS certification for its South Deerfield, MA, USA site

Expands focus on mass balanced products using recycled and bio-attributed raw materialsSupport medical packaging and healthcare device manufacturers’ sustainability goals

Increased profits in challenging market environment

Group sales remain stable at EUR 3.6 billion (+1.0%) EBITDA increases to EUR 287 million (+3.6%)Net income reaches EUR 33 million Free Operating Cash Flow is at EUR 112 million (–63.6%) Investment Agreement with ADNOC signed Guidance for 2024 fiscal…

Covestro deepens collaboration with Ausell to advance end-of-life automotive plastics recycling

Joint initiative to build a closed-loop for automotive plastics recyclingPlastics recycled from end-of-life headlamps to be used for new automotive applicationsAddressing rising industry demands and regulations

Board of Management and Supervisory Board of Covestro AG support ADNOC International's public takeover offer

Offer price of €62.00 per share in cash, representing an attractive premium of 54 percent to the unaffected share price of CovestroBoard of Management and Supervisory Board recommend to Covestro's shareholders to accept the offerADNOC International i…

Covestro unveils CERTEVO®: An innovative polymeric substrate to revolutionize security printing

Launch of official brand CERTEVO® for security printing industry Applied in high-secure and durable official documents, certificates, and applications demanding for advanced anti-counterfeiting measuresCombining advanced security features design with…

Covestro and Deloitte jointly develop Monetization Framework for Circular Economy

Developing and implementing business models in the circular economyMonetization approach for circular solutions developed together with Deloitte, structured basic framework establishedFramework validated through pilot projects, scalable across indust…

Covestro to invest in Pilot Plant for Recycling of Elastomers

Pilot plant will be built in Leverkusen, GermanyNovel chemical recycling process for elastomers made of Vulkollan®Technology offers recycling solution and additional carbon footprint reduction for high performance elastomers

Covestro and Selena continue innovation partnership for more sustainable construction materials

Selena’s Tytan Professional® Adhesive for Bricklaying offers an answer to cement with a 90% carbon footprint reduction1Mass-balanced bio-attributed MDI from Desmodur® CQ range key factorMeets high market demands for faster working and more sustainabl…

Redefining display technology for automotive windshields

Eastman, Covestro, and Ceres partner to advance holographic transparent displaysNew head-up display technology enables multiple displays in various positions in a single windshieldCollaboration aims to meet automotive OEM demand for improved safety a…

Monique Buch appointed as new Chief Commercial Officer of Covestro

Covestro and China’s GAC join forces to pioneer material solutions for flying cars

Strategic collaboration agreement signed for joint innovationFocus on lightweight polycarbonates, smart applications and lower-carbon footprint solutionsAccelerating sustainable urban air mobilityPrototype of electrically powered flying car with rang…

ADNOC takeover offer for Covestro successful

ADNOC International, now XRG, achieves total of 91.3 percent after additional acceptance period Covestro supposed to become foundational platform of XRG’s Performance Materials and Specialty Chemicals business Closing of transaction is subject to reg…

Covestro Expands Production in Ohio

Investment in the low triple-digit million Euro rangeSignificant capacity increase with multiple new production linesCustomized polycarbonate material solutions for the American market  

Covestro partners with logistics expert DB Cargo BTT for more sustainable chemicals transport to Poland

Reduction of CO₂ emissions by at least 70% compared to conventional transportation methods1Long-term customer Selena benefits from sustainable transportCovestro aims to become climate neutral by 2050

The right turn

Realize new company vision with concrete steps Focus on alternative raw materials and renewable energy Numerous research projects to promote recycling

Covestro to acquire leading sustainable coating resins business from DSM

Covestro to become one of the global leaders in attractive growth market for sustainable coating resinsCombining strong innovation capabilities to accelerate transition to circular economyComplementary product portfolios and application industries ex…

Covestro CEO leads European plastics association

Special focus on sustainability and circular economy

Announcement of Relocation of DIC Covestro Polymer Head Office

We are pleased to announce that DIC Covestro Polymer Head Office will relocate to the following address as of December 14th. We hope to be able to further expand and enhance our services. We greatly appreciate your continued support. 

Covestro becomes sole owner of Japan Fine Coatings Co., Ltd.

Purchase of JSR Corporation’s remaining 30 percent share in the joint venture Japan Fine Coatings Co., Ltd.Business activities including production and R&D in Japan to be continuedFiber optical market with strong potential due to 5G roll-out

Covestro successfully completes acquisition of Resins & Functional Materials business from DSM

Covestro to become one of the leading global suppliers for sustainable coating resinsAcquisition adds around EUR 1 billion in revenuesConsequent implementation of sustainable growth strategy

Covestro achieves EBITDA guidance despite looming recession

Group Sales rise to EUR 4.6 billion (+7.3%)EBITDA of EUR 302 million (–65.0%)Net income total EUR 12 million (–97.5%)Free operating cash flow (FOCF) falls to EUR 33 million (–91.3%)Full-year guidance for 2022 narrowedFurther milestones on the path to…

Covestro publishes climate neutrality targets for scope 3 emissions

Reduction of 10 million metric tons of greenhouse gases produced in upstream and downstream supply chains (scope 3) by 2035, climate neutrality for scope 3 by 2050Climate strategy for reducing greenhouse gases completeConcrete plan for implementation…

Announcement of change of Country Representative and President

Tokyo, April 4, 2023 – Covestro Japan Ltd. (Headquarters: Minato-ku, Tokyo) announces that Mr. Munetaka Uchimura will be appointed as Country Representative for Covestro in Japan and President of Covestro Japan Ltd., succeeding Mr. Kimiyasu Yonemaru…

Covestro signs an Investment Agreement with ADNOC and supports ADNOC’s public takeover offer to all Covestro shareholders

ADNOC International Germany Holding AG makes a takeover offer at €62.00 per Covestro share The Investment Agreement defines key aspects of the strategic partnership, including clear commitments by ADNOC International to fully support the ‘Sustainable…

Covestro deepens collaboration with Ausell to advance end-of-life automotive plastics recycling

Joint initiative to build a closed-loop for automotive plastics recyclingPlastics recycled from end-of-life headlamps to be used for new automotive applicationsAddressing rising industry demands and regulations

Increased profits in challenging market environment

Group sales remain stable at EUR 3.6 billion (+1.0%) EBITDA increases to EUR 287 million (+3.6%)Net income reaches EUR 33 million Free Operating Cash Flow is at EUR 112 million (–63.6%) Investment Agreement with ADNOC signed Guidance for 2024 fiscal…

Monique Buch appointed as new Chief Commercial Officer of Covestro

Covestro increases volumes sold and forges ahead with its transformation

Group Sales of EUR 14.2 billion (–1.4%)EBITDA of EUR 1.1 billion (–0.8%)Free operating cash flow of EUR 89 million (–61.6%)High acceptance ratio for ADNOC's takeover offerSavings of EUR 400 million per annum by 2028Outlook for 2025: EBITDA between EU…

ADNOC takeover offer for Covestro successful

ADNOC International, now XRG, achieves total of 91.3 percent after additional acceptance period Covestro supposed to become foundational platform of XRG’s Performance Materials and Specialty Chemicals business Closing of transaction is subject to reg…