2026
30
June
2026
|
07:56
Europe/Amsterdam
World-scale MDI train at Covestro Integrated Site Shanghai in China with production start at the end of the decadeUAE feasibility study for second new world-scale MDI train based on existing partnership with TA'ZIZ and FertiglobeBoth MDI production …
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05
May
2026
|
18:30
Europe/Amsterdam
The Supervisory Board of Covestro has unanimously decided to appoint Klaus Fröhlich as the new Chief Financial Officer (CFO). The 53-year-old will assume the role from Christian Baier effective October 1, 2026. Christian Baier will leave the company …
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23
February
2026
|
11:15
Europe/Amsterdam
The Chief Executive Officer of Covestro AG, Dr Markus Steilemann, today informed the Chairman of the Supervisory Board of the Company that he will not be available for a further term of office upon the expiry of his current term, which runs until 31 …
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09
January
2026
|
11:56
Europe/Amsterdam
XRG P.J.S.C. today informed Covestro AG that the general meeting of Covestro AG shall resolve the transfer of the shares held by the minority shareholders to XRG P.J.S.C. in return for appropriate cash compensation pursuant to sec. 327a para. 1 …
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2025
22
December
2025
|
10:30
Europe/Amsterdam
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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18
December
2025
|
10:30
Europe/Amsterdam
Christian Baier, Chief Financial Officer of Covestro AG, has informed the Chairman of the Supervisory Board that he will not be renewing his contract and will leave the company upon expiry of his term in September 2026 at his own request. By sharing …
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10
December
2025
|
15:00
Europe/Amsterdam
• EUR 1.17 billion capital increase has been executed• Closing marks official start of partnership
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21
November
2025
|
14:43
Europe/Amsterdam
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 …
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18
March
2025
|
14:30
Europe/Amsterdam
• 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 • …
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08
January
2025
|
10:00
Europe/Amsterdam
• 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
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2024
19
December
2024
|
08:45
Europe/Amsterdam
• 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 …
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16
December
2024
|
10:00
Europe/Amsterdam
Covestro, a world-leading supplier of high-tech polymer materials, is announcing Monique Buch (50) as the company’s new Chief Commercial Officer (CCO). The Supervisory Board of Covestro has unanimously appointed Monique Buch who is taking over from …
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07
November
2024
|
13:20
Europe/Amsterdam
• Offer price of €62.00 per share in cash, representing an attractive premium of 54 percent to the unaffected share price of Covestro • Board of Management and Supervisory Board recommend to Covestro’s shareholders to accept the offer • …
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01
October
2024
|
08:42
Europe/Amsterdam
• 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 …
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25
June
2024
|
08:00
Europe/Amsterdam
• 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
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24
June
2024
|
11:31
Europe/Amsterdam
Based on the open-ended talks held so far with Abu Dhabi National Oil Company („Adnoc“) the Board of Management of Covestro AG ("Covestro") after consultation with the Supervisory Board has today decided to enter into concrete negotiations with …
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2023
18
October
2023
|
13:12
Europe/Amsterdam
• Shanghai facility is the inaugural dedicated line of its kind of Covestro with an annual capacity of 25,000 tons • Committed to supplying 60,000 tons of recycled-content polycarbonates annually in Asia Pacific by 2026 • Expansive range …
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13
October
2023
|
10:00
Europe/Amsterdam
• Capacity at Bomlitz site expanded • Investment in the low double-digit million Euro range • Global demand for TPU specialty films on the rise
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08
September
2023
|
19:31
Europe/Amsterdam
The Board of Management of Covestro AG has today decided, in view of the interest in Covestro expressed by Abu Dhabi National Oil Company (Adnoc), to enter into open-ended discussions with Adnoc. Whether, in which form and, if applicable, at which …
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21
August
2023
|
07:30
Europe/Amsterdam
The Supervisory Board of Covestro has unanimously appointed Christian Baier as its new Chief Financial Officer (CFO). He will take over from Dr. Thomas Toepfer on October 1, 2023. Dr. Toepfer will leave the company as of August 31, 2023, and …
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08
August
2023
|
10:00
Europe/Amsterdam
Investment in the double-digit million Euro rangeNew plant one of several similar investments into the Elastomers business across the globeProducts can be used in offshore wind turbines and to manufacture photovoltaic panels, among others
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23
February
2023
|
10:03
Europe/Amsterdam
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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15
February
2023
|
18:30
Europe/Amsterdam
The Supervisory Board of Covestro has today acceded to the request from CFO and Labor Director Dr. Thomas Toepfer for the early termination of his current contract, which expires on March 31, 2026. Dr. Toepfer will leave the company as of August 31, …
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06
February
2023
|
10:00
Europe/Amsterdam
· First world-scale plant based upon energy efficient ODC technology· New plant strengthens European MDI production network of …
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2022
24
November
2022
|
10:06
Europe/Amsterdam
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 …
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14
November
2022
|
13:05
Europe/Amsterdam
The Supervisory Board of Covestro unanimously appointed Dr. Thorsten Dreier as Covestro's new Chief Technology Officer. The 49-year-old will take over on July 1, 2023, from Dr. Klaus Schäfer, who most recently extended his expiring contract by six …
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09
November
2022
|
12:05
Europe/Amsterdam
Covestro successfully issued its first green euro bond with a total volume of EUR 500 million on the capital markets on November 8, 2022. The bond has an annual interest coupon of 4.75 percent and matures in November 2028 with a term of six years. …
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08
August
2022
|
13:00
Europe/Amsterdam
• Business provides material solutions for common polymer 3D printing processes • Sale includes R&D facilities, offices and employees in Europe, U.S. and China • New ownership by Stratasys expected to achieve faster growth
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08
July
2022
|
11:00
Europe/Amsterdam
• New lines for polyurethane dispersions and elastomers to meet rising demand • Total investment of a mid-double-digit million euro amount • New plants increase the scale of the largest production site of Covestro
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24
March
2022
|
12:00
Europe/Amsterdam
• For more sustainable mattresses, upholstered furniture, shoes and automotive seats • Significant reduction of CO2 emissions from cradle-to-gate2• Rapidly implementable solution with consistently high quality
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