News

  • Corporate News

    XRG P.J.S.C. initiates process for the transfer of the shares held by the minority shareholders of Covestro AG to XRG P.J.S.C. (squeeze-out under German stock corporation law)

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  • Corporate News

    XRG P.J.S.C. initiates process for the transfer of the shares held by the minority shareholders of Covestro AG to XRG P.J.S.C. (squeeze-out under German stock corporation law)

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  • Materials & Industries

    BLUETTI presents more sustainable power station with partially bio-based Covestro materials at CES 2026

    New model uses Bayblend® RE polycarbonate, which contains 25 percent bio-based raw materials, attributed through mass balance accountingMaterial potentially reduces the battery housing's CO2 footprint by over one-fifth compared to conventional polyca…

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  • Corporate News

    Dr. Rainer Seele Assumes Chairmanship of Covestro Supervisory Board – Dr. Richard Pott Steps Down After Many Years of Successful Service

    Leadership transition in Supervisory Board following successful completion of strategic partnership with XRGDr. Rainer Seele has succeeded Dr. Richard Pott effective 20 December 2025

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  • Corporate News

    Dr. Rainer Seele Assumes Chairmanship of Covestro Supervisory Board – Dr. Richard Pott Steps Down After Many Years of Successful Service

    Leadership transition in Supervisory Board following successful completion of strategic partnership with XRGDr. Rainer Seele has succeeded Dr. Richard Pott effective 20 December 2025

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  • Corporate News

    Chief Financial Officer Christian Baier to leave Covestro upon expiry of his contract at his own request

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  • Corporate News

    Chief Financial Officer Christian Baier to leave Covestro upon expiry of his contract at his own request

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  • Materials & Industries

    Covestro accelerates automotive coatings innovation with Direct Coating – The In-Mold Coating technology

    Combines injection molding and coating into one integrated process to reduce cost, process complexity, and energy useIncreases design flexibility with advanced haptics and visual effects in a single production cellCovestro is a proven partner with ta…

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  • Corporate News

    Covestro and XRG commence strategic partnership: Transaction successfully closed

    EUR 1.17 billion capital increase has been executedClosing marks official start of partnership

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  • Corporate News

    Covestro and XRG commence strategic partnership: Transaction successfully closed

    EUR 1.17 billion capital increase has been executedClosing marks official start of partnership

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  • Materials & Industries

    Covestro and Allmed Partner to Pioneer Recycling of Artificial Kidney Filters

    Feasibility study on recycling of artificial kidney filters explores viability of medical plastic recyclingProject includes distribution specialist Kimal, hospitals, and recyclers to create a complete recycling ecosystemGoal: Creating pathways for me…

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  • Corporate News

    Covestro and XRG receive final outstanding regulatory approval for strategic partnership

    German Foreign Investment Control approval receivedAll closing conditions fulfilled: transaction expected to close in the coming daysPartnership marks a new chapter of close cooperation with focus on disciplined, long-term value-creationCovestro abou…

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  • Corporate News

    Covestro and XRG receive final outstanding regulatory approval for strategic partnership

    German Foreign Investment Control approval receivedAll closing conditions fulfilled: transaction expected to close in the coming daysPartnership marks a new chapter of close cooperation with focus on disciplined, long-term value-creationCovestro abou…

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  • Materials & Industries

    Covestro showcases new material technologies to strengthen document integrity and secure personalization

    Expanding the use of Certevo® polymeric substrate in security printingsInnovative laser personalization of passport coversSecure color personalization of polycarbonate documents

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  • Corporate News

    Results in line with expectations – cost-cutting measures proving effective

    Group revenue falls to EUR 3.2 billion (–12%)EBITDA at EUR 242 million at the upper end of the forecastConsolidated net income at EUR –47 millionFree operating cash flow at EUR 111 millionEBITDA forecast for 2025 narrowedSustainable growth: Pontacol…

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  • Corporate News

    Results in line with expectations – cost-cutting measures proving effective

    Group revenue falls to EUR 3.2 billion (–12%)EBITDA at EUR 242 million at the upper end of the forecastConsolidated net income at EUR –47 millionFree operating cash flow at EUR 111 millionEBITDA forecast for 2025 narrowedSustainable growth: Pontacol…

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  • Materials

    Covestro wins prestigious Good Design Award for pioneering sustainable design innovation

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  • Foams

    Covestro at K 2025

    Driving the future of materials:At K 2025, we’re showcasing our latest innovations and the power of The Material Effect – transforming industries and enabling sustainable solutions.Here you’ll find a sneak preview of key documents and content related…

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  • Foams

    Covestro brings "The Material Effect" to K 2025

    Combination of materials science, process- and application developmentInnovative materials as enablers for circular economy and climate neutralityFocus areas: Sustainable Future, Automotive, Electronics, Healthcare, Sports and LeisurePress tour at Co…

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  • Foams

    Covestro brings "The Material Effect" to K 2025

    Combination of materials science, process- and application developmentInnovative materials as enablers for circular economy and climate neutralityFocus areas: Sustainable Future, Automotive, Electronics, Healthcare, Sports and LeisurePress tour at Co…

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  • Coatings

    Covestro and Heraeus Precious Metals collaborate to enable safer, more sustainable antimicrobial textile coatings

    Adds long-lasting antimicrobial properties to waterborne polyurethane (PU) textile coatings while supporting durability, cleanability, and hygieneComplies with the ECHA’s Biocidal Products Regulation (BPR)

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  • Plastics

    Digital Material Twins in Automotive Design: Imagio® of Covestro Now Integrated into Autodesk VRED

    Digital polycarbonate material data integrated into Autodesk VRED 3D virtual prototyping solutions for the first timeVehicle designers can visualize material effects photo realistically without physical samples – for more efficient development proces…

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  • Materials & Industries

    Covestro and Recticel provide circular materials for Circular House of Brightlands Circular Space

    Raw material Desmodur® CQ MS from Covestro, used in Recticel’s “Eurothane® Silver Impact” boards, enables CO₂ reductions in PU insulation materials without compromising performance.Covestro and Recticel are proud to contribute to the Circular House o…

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  • Business & Finance

    Covestro celebrates decade of innovation and sustainable growth

    10 years of breakthrough innovationsGlobal success story: EUR 4bn invested including strategic RFM acquisitionRegional celebrations honor employees through unique community initiativesFuture vision: climate neutrality, renewable materials, digitaliza…

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  • Corporate News

    Covestro successfully completes aquisition of Pontacol

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  • Foams

    Team Sonnenwagen again among the world's best

    Team Sonnenwagen finishes in top position at the World Solar Challenge 2025More than 3,000 kilometers through the Australian outbackFastest qualifying lap of all teamsMore than ten Covestro materials used

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  • Business & Finance

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

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

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  • Business & Finance

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

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

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  • Business & Finance

    Volatile market environment weighs on second quarter

    Group sales of EUR 3.4 billion (–8.4%) due to price declineEBITDA at EUR 270 million (–15.6%) in line with forecastConsolidated net income at EUR –59 millionFree operating cash flow at EUR –228 millionFull-year forecast adjusted: EBITDA between EUR 7…

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  • Business & Finance

    Volatile market environment weighs on second quarter

    Group sales of EUR 3.4 billion (–8.4%) due to price declineEBITDA at EUR 270 million (–15.6%) in line with forecastConsolidated net income at EUR –59 millionFree operating cash flow at EUR –228 millionFull-year forecast adjusted: EBITDA between EUR 7…

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  • People

    Covestro supports the European Youth Parliament

    Promoting opinion-building and engagement among young peopleParticipation in international sessions in Finland and Spain 

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  • Baysafe

    Covestro launches advanced flame-retardant encapsulation foam for EV batteries

    Aligned with China’s new battery safety regulation in the world’s largest EV marketPolyurethane foam limits thermal propagation to enhance battery safetySupports global EV growth through advanced materials innovation

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  • Business & Finance

    Covestro extends contract with CTO Dr. Thorsten Dreier ahead of schedule until 2031

    Dr. Thorsten Dreier will remain Chief Technology Officer of Covestro for a further five years. The Supervisory Board has extended his contract, which runs until June 2026, ahead of schedule from July 1, 2026 to June 30, 2031.

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  • Plastics

    Social Change Requires Innovative Materials

    Humanity is becoming older, wealthier, and more interconnected High-tech plastics support smart solutions for megatrends 

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  • Global

    Covestro AG: Reduced outlook for 2025

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  • Global

    Covestro AG: Reduced outlook for 2025

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  • Healthcare

    Covestro launches localized production of medical-grade TPU in Asia Pacific

    Changhua site meets international regulatory standards for global medical applicationsEnables faster, more flexible regional supply to meet growing demandExpands company’s medical-grade TPU production beyond North America

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  • Global

    Covestro acquires Pontacol: expansion in specialty films

    Significant step in long-term growth strategyExpansion of product and technology portfolio with innovative film solutionsStronger market presence in Europe through additional production capacitiesAttractive value creation potential through synergies…

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  • Global

    Covestro acquires Pontacol: expansion in specialty films

    Significant step in long-term growth strategyExpansion of product and technology portfolio with innovative film solutionsStronger market presence in Europe through additional production capacitiesAttractive value creation potential through synergies…

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  • Foams

    From Materials to Solutions: Covestro Brings "The Material Effect" to K 2025

    Innovative materials as enablers for circular economy, climate neutrality and high-performance solutionsBridge between material science, process- and application developmentFocus areas at the booth: Sustainable future, automotive, electronics, health…

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  • Foams

    Covestro at K 2025 – Sneak Preview

    Driving the future of materials:At K 2025, we’re showcasing our latest innovations and the power of The Material Effect – transforming industries and enabling sustainable solutions.Here you’ll find a sneak preview of key documents and content related…

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  • Adhesives

    ​​​Suiting up Team Sonnenwagen with more sustainable sportswear created through a three-way partnership

    Huafeng, Cyclone, and Covestro collaborate to equip Team Sonnenwagen with new sportswear.The team’s 2025 kit is partly crafted from recycled PET yarns from Cyclone and partly bio-based polyurethane (PU) dispersions from Covestro.Innovative HAPTIC® te…

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  • Foams

    Sonnenwagen Æthon – Ready for the Ultimate Challenge Through the Outback

    5.80 meters long, 1.50 meters wide, 170 kilos heavy, and 3 kilowatt-hours battery capacityGoal: Victory at the Bridgestone World Solar Challenge from August 24-31, 2025 in AustraliaCovestro involved since 2017, main sponsor and technology partner sin…

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  • Global

    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 millionNet income at EUR –160 millionFOCF of EUR –253 millionFull-year guidance narrowed within given ranges

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  • Global

    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 millionNet income at EUR –160 millionFOCF of EUR –253 millionFull-year guidance narrowed within given ranges

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  • Materials & Industries

    INEOS and Covestro agree landmark 8-Year LNG linked Gas Supply Agreement

    Reinforces commitment to protecting European industryBuilds on INEOS' global LNG sourcing and distribution capabilities8-Year Agreement provides long-term feedstock and energy security for Covestro’s European operationsDemonstrates the power of colla…

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  • Corporate News

    Covestro forges ahead with transformation and strengthens competitiveness

    Actions of the Board of Management and Supervisory Board ratifiedFive members of the Supervisory Board reelectedDr. Markus Steilemann: Unswerving implementation of the ongoing transformation with an emphasis on four strategic focus areas 

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  • Corporate News

    Press Kit: Annual General Meeting 2025

    Here you will find all the important documents relating to our Annual General Meeting 2024 at a glance: Our press release, the speeches, the link to the live broadcast as well as downloadable images and further links.

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  • Automotive

    Covestro contributes to automotive circularity with materials recycled from end-of-life headlamps

    PCR polycarbonates from end-of-life headlamps support automotive circularityCommercially available TÜV Rheinland-certified Volkswagen and NIO currently validating the material

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  • Sustainability

    Solar Dryers Support Coffee Production in Ethiopia

    Innovative polycarbonate solar dryers for coffee productionTechnology protects harvests and improves qualityPartnerships promote sustainable development

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  • Materials & Industries

    Covestro to Open Automated Laboratory for Developing Coating and Adhesive Formulations

    Focus on crosslinkers and bindersTesting of tens of thousands of formulations per year possibleDigitalization and automation enables data-driven research and developmentNetworked robotics allows more efficient data generation for even more segment-sp…

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  • Corporate News

    Covestro publishes energy efficiency target

    By 2030, energy consumption per ton of product is to be 20 percent lower than in 2020This corresponds to a saving of around 550,000 tons of CO2 emissionsUse of more efficient processes and innovative technologies makes it possible 

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  • Netherlands

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

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

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  • Coatings

    Covestro Presents Forward-Looking Solutions for the Coatings and Adhesives Industry at European Coatings Show 2025

    Covestro as an inventive partner for hands-on coatings and adhesives solutionsAutomated laboratory and digital lifecycle analysesDirect coating for automotive industryFocus on sustainability and circular economy

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  • Map Ta Phut

    Capacity for specialty films in Thailand expanded

    Investment in the higher double-digit million Euro rangeConstruction completed on scheduleMeets growing demand of customers worldwide

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  • Global

    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…

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  • Global

    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…

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  • Corporate News

    Press Kit: Covestro Annual Press Conference 2025

    Find all documents at a glance here. 

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  • Plastics

    Covestro unveils Autentium®: an innovative step towards the future of currency printing

    Autentium® a mono-polymer solution for currency printing industryRecyclable printing substrate offers a more sustainable solutionCombining advanced security features with durability and printabilityDebuting at Intergraf Currency + Identity, 2025 in M…

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  • Energy

    Four Covestro U.S. Sites Now Running Entirely on Renewable Electricity

    Result of virtual Power Purchase Agreement (vPPA) with Ørstedprovides 90 MW of renewable energy capacityreduces approximately 90,000 tons of CO2 emissions annually

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  • Elastomers

    A Legacy of Innovation: Vulkollan® Celebrates 75 Years

    Vulkollan® stands for continuous innovation to circularity and strong partnershipsSetting the standard in high-performance elastomers for decadesEnhancing performance, ensuring global supply security of quality products

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  • Sustainability

    Life Cycle Assessments digitalized: boosting transparency

    Covestro finishes digitalization of product-specific life cycle assessments (LCA)Annual update of environmental data for approx. 50,000 finished products available within the second half of 2025Methodology for calculation certified by TÜV Rheinland  

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  • Plastics

    Design Innovation in Plastics 2025 seeking products for health and wellbeing

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  • Composites

    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  

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  • Foams

    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

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  • Plastics

    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…

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  • Corporate News

    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…

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  • Corporate News

    Monique Buch appointed as new Chief Commercial Officer of Covestro

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  • Recycling

    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

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  • Corporate News

    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…

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  • Corporate News

    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…

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  • Alternative raw materials

    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…

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  • Japan

    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…

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  • Global

    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…

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  • Global

    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

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  • Global

    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

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  • Covestro Japan

    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. 

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  • Global

    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…

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  • Corporate News

    Covestro CEO leads European plastics association

    Special focus on sustainability and circular economy

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  • Corporate News

    The right turn

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

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Past news

  • Covestro CEO leads European plastics association

    Markus Steilemann elected to head PlasticsEurope

  • Empowering the Circular Economy, Covestro presents digital showroom at ChinaCoat 2020

    Powering digital innovation & connecting the sustainable future

  • Covestro works with RAL to present trendy colors in RAL Colour Feeling 2021+

    Polycarbonate used for the first time to display colors in essential color guide

  • Covestro with significant growth in volume and earnings in third quarter

    Upward trend stabilized: Demand recovery continues

  • Stepping up the game

    Continuous fiber-reinforced thermoplastic composites enable high-performance components for sports shoes

  • Premiere for sports floorings with CO2 in China

    Covestro joins forces with Chinese partner INOV

  • Covestro, Chris Lefteri Design jointly release color and materials trends reports

    Exploring material applications in design

  • Netherlands logo made of used plastics for the Netherlands Consulate General in Guangzhou

    Covestro promotes circular economy through open innovation

  • Covestro developed innovative machine for the direct infusion of polyurethane rotor blades

    Successful production of a polyurethane wind rotor blade at Goldwind

  • Covestro, Goldwind and LZ Blades develop world’s first 64.2-meter full polyurethane wind turbine blade

    Breakthrough achieved in application of polyurethane resin in wind turbine blades

  • Q2 2020: Results significantly impacted by the coronavirus pandemic as expected

    Full-year guidance confirmed, economic environment remains uncertain

  • How Quantum Computing can benefit chemistry

    Covestro and Google cooperate on research for novel computer technology

  • Covestro to explore energy-efficient windows and doors market with KraussMaffei and China’s CPIC

    Three parties have signed a Memorandum of Cooperation

  • Carbon fiber composites give luggage a leg up

    Chinese luggage brand TUPLUS has released a new carbon fiber suitcase under its “Core” lineup.

  • Accelerating China’s open innovation initiatives

    Covestro-Tongji Innovation Academy with concrete results

  • Covestro advances strategic cooperation with Silan Group for digitalization

    Multiple industrial e-commerce platforms to seize digital opportunities

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