Covestro expands specialty isocyanate footprint with two former Vencorex sites in the US and Thailand

Strengthening of Solutions & Specialties segment  Step in long-term growth strategy  Further improving aliphatics production portfolio by acquiring sites for production of isocyanate derivatives in Freeport, USA and Rayong, Thailand 

Volatile market environment weighs on second quarter

Group sales of EUR 3.4 billion (–8.4%) due to price decline  EBITDA at EUR 270 million (–15.6%) in line with forecast  Consolidated net income at EUR –59 million  Free operating cash flow at EUR –228 million  Full-year forecast adjusted: EBITDA betw…

Covestro AG: Reduced outlook for 2025

Covestro acquires Pontacol: expansion in specialty films

Significant step in long-term growth strategy  Expansion of product and technology portfolio with innovative film solutions  Stronger market presence in Europe through additional production capacities  Attractive value creation potential through syn…

Covestro makes a moderate start to 2025

 Group sales of around EUR 3.5 billion  EBITDA at the upper end of the forecast at EUR 137 million  Net income at EUR –160 million  FOCF of EUR –253 million  Full-year guidance narrowed within given ranges

LyondellBasell and Covestro Announce Permanent Closure of PO11 Unit at Maasvlakte, Netherlands

Joint Venture site produced Propylene Oxide and Monomers (POSM)  LYB must ensure assets in portfolio are a long-term strategic fit  Covestro works to optimally position the company as part of “Sustainable Future” strategy  Continuing commitment to E…

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 offer  Savings of EUR 400 million per annum by 2028  Outlook for 2025: EBITDA…

Covestro Expands Production in Ohio

Investment in the low triple-digit million Euro range  Significant capacity increase with multiple new production lines  Customized polycarbonate material solutions for the American market 

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…

Monique Buch appointed as new Chief Commercial Officer of Covestro

Covestro to invest in Pilot Plant for Recycling of Elastomers

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

Covestro and Deloitte jointly develop Monetization Framework for Circular Economy

Developing and implementing business models in the circular economy  Monetization approach for circular solutions developed together with Deloitte, structured basic framework established  Framework validated through pilot projects, scalable across i…