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Annual General Meeting 2023

The Annual General Meeting 2023 of Covestro AG will be held on April 19, 2023 at 10:00 a.m. as a virtual event.

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Annual Report 2022: Speeding up to Circularity

Annual Report

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    FY 2022 Roadshow Presentation

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Investor News

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  • Financials

    Managing challenging times

    Group sales total EUR 18.0 billion (+13.0%)  EBITDA of EUR 1.6 billion (–47.6%)  Positive free operating cash flow of EUR 138 million (–90.3%)  Greenhouse gas emissions fall to 4.7 million metric tons (–9.6%)  Circular economy and climate neutrality…

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  • Corporate News

    Covestro to build its largest TPU site in China

    New site to be built in Zhuhai, South China, with an annual capacity of 120,000 tons of TPU per year after final phase of expansion  Expansion to happen in three phases: First phase to be completed in late 2025, final phase to be completed in 2033…

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  • Corporate News

    Chief Financial Officer (CFO) Dr. Thomas Toepfer to leave Covestro as of August 31, 2023

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  • Corporate News

    Covestro successfully starts up a new world-scale chlorine plant in Tarragona

    ·         First world-scale plant based upon energy efficient ODC technology·         New plant strengthens European MDI production network of Covestro·         Investment of 200 million euros creates 50 new jobs in Tarragona

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  • Figures

    Covestro announces preliminary results for fiscal year 2022

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  • Sustainability

    Covestro signs major renewable energy supply contracts with Chinese producer CGN

    Multi-year contract calls for annual purchase of 300 gigawatt hours of wind and solar power from CGN  Plans to cover 30 percent of electricity demand at Covestro's Shanghai site  Solid basis for significant reduction in greenhouse gas emissions 

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  • Corporate News

    Covestro launches production for Vulkollan® raw materials in Thailand

    Meeting the growing demand for high performance elastomers Covestro recently started up the production of Naphthylen-Diisocyanate (NDI) for the Vulkollan® raw material at a newly built plant in its Map Ta Phut site in Thailand. The groundbreaking of…

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  • Corporate News

    Dr. Thorsten Dreier appointed as new CTO of Covestro

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  • Corporate News

    Covestro successfully issues EUR 500 million green bond

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  • Figures

    Investment project for a world-scale MDI plant paused

    Economic conditions require project reassessmentMDI remains a growth market long-termNo fundamental investment stop

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  • Figures

    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 totals EUR 12 million (–97.5%) Free operating cash flow (FOCF) falls to EUR 33 million (–91.3%) Full-year guidance for 2022 narrowed Further milestones on the…

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  • Figures

    Solid performance and an increasingly challenging environment

    Group sales rise to EUR 4.7 billion (+18.9%)  EBITDA of EUR 547 million (–33.0%) above own guidance  Net income totals EUR 199 million (–55.7%)  Free operating cash flow (FOCF) falls to EUR –462 million  Full-year guidance 2022 adjusted  Continued f…

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