STRATEGIES

Covestro achieves EBITDA guidance despite looming recession
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Covestro achieves EBITDA guidance despite looming recession

6 March 2023
Covestro’s business performance in the third quarter of 2022 was, as expected, strongly impacted by high energy and raw material prices in the face of the current European energy crisis. However, Group sales grew 7.3 percent...
Covestro expands portfolio of resins made with plants to turbocharge sustainability in decorative coatings
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Covestro expands portfolio of resins made with plants to turbocharge sustainability in decorative coatings

3 November 2021
Covestro today announces the launch of an additional approach as part of its strategy to enable more sustainable, safer solutions for the decorative paints and coatings market. As part of this new approach the organization will...
Covestro using CO2 for plastics production
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Covestro using CO2 for plastics production

15 March 2021
Carbon dioxide instead of petroleum as a component in plastics – Covestro is pursuing new avenues for turning the waste gas into a useful raw material, expand the resource base of the chemicals industry and promote the circular...
Circularise raises €1.5 million to trace the plastics supply chains
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Circularise raises €1.5 million to trace the plastics supply chains

23 September 2020
Circularise, a blockchain solution for tracing materials and sharing data, has raised €1.5 million from the EU Commission’s H2020’s SME Instrument Phase 2, to fuel the continued growth of the collaborative project for...
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Covestro’s CEO Steilemann awarded the Georg Menges Prize

17 September 2020
The Georg Menges Prize, which is awarded for outstanding commitment in the interplay between research and industry, has been won in 2020 by Dr. Markus Steilemann, CEO of Covestro. With this award, which is presented every two...
Covestro’s business performance impacted by the coronavirus pandemic
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Covestro’s business performance impacted by the coronavirus pandemic

15 September 2020
Covestro’s business performance in the second quarter was, as expected, significantly impacted by the further spread of the coronavirus pandemic in Europe and North America. “As anticipated, the global coronavirus pandemic...
Covestro wants to accelerate change to a circular economy
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Covestro wants to accelerate change to a circular economy

7 June 2020
Covestro is fully committed to making the circular economy a model for a truly sustainable world. To this end, the materials manufacturer wants to completely align its entire production and product range as well as all areas in...
Covestro at K 2019: pushing the boundaries for a sustainable and digital world
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Covestro at K 2019: pushing the boundaries for a sustainable and digital world

9 July 2019
Sustainable and digital: at the plastics trade fair K 2019 in Düsseldorf, materials manufacturer Covestro presents innovative material solutions that provide answers to the great challenges of the world. In doing so, the...
A versatile plastic for glasses
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A versatile plastic for glasses

10 April 2018
Lens manufacturer Jiangsu Sigo Optical relies on polycarbonate from Covestro Polycarbonate is an ideal lens material for corrective eyeglasses and sunglasses: It is lightweight, impact resistant, durable and comfortable. However,...
Covestro among the 50 most innovative companies
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Covestro among the 50 most innovative companies

18 September 2017
The magazine Technology Review has ranked Covestro as one of the 50 most innovative companies of 2017. A highly sustainable production process earned the materials manufacturer a place in the global ranking by the German-language...
Covestro at Chinaplas 2017
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Covestro at Chinaplas 2017

16 May 2017
Tecnoplast took part at the Covestro Round Table for journalists. The president of Covestro Asia has helded her speech. Chinaplas offers a fantastic opportunity for Covestro to dialog with industry partners and gain market...
Strong first quarter for Covestro
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Strong first quarter for Covestro

3 May 2017
After a successful fiscal year 2016, materials manufacturer Covestro continued to perform well in the first quarter of 2017 and adjusted its forecast upward for the full year. Thanks to still-strong demand for innovative...
Covestro begins delivery of first CO2-based product
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Covestro begins delivery of first CO2-based product

26 March 2017
Innovation on the plastics market: Materials manufacturer Covestro has begun delivery of a novel product based on carbon dioxide. The first tanker left the company’s Dormagen site near Cologne, Germany. Covestro has now...
Covestro: debut of carbon dioxide as raw material
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Covestro: debut of carbon dioxide as raw material

14 December 2016
Innovation on the plastics market: materials manufacturer Covestro has begun delivery of a novel product based on carbon dioxide. The first tanker left the company’s Dormagen site near Cologne, Germany, on Tuesday. Covestro has...
Covestro: like floating on air
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Covestro: like floating on air

28 July 2016
It’s true that flying is the fastest form of transportation, but over long distances it can be pretty exhausting. Aircraft seats with air-filled cushions are helping to ease the strain. They offer passengers much greater...

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