Articles tagged with 'Corporate News' | Covestro

Covestro Press (Corporate News)

2022
03
May
2022
| 07:00 Europe/Amsterdam
Group sales rise to EUR 4.7 billion (+41.6%)EBITDA of EUR 806 million (+8.5%)Net income amounting to EUR 416 million (+5.9%)Free operating cash flow of EUR 17 million (–94.7%)Further steps toward a circular economy and climate neutralityReduced earni...
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02
May
2022
| 19:35 Europe/Amsterdam
Covestro reduces its forecast for EBITDA, free operating cash flow (FOCF), return on capital employed over weighted average cost of capital (ROCE over WACC) and greenhouse gas emissions, measured via CO2 equivalents, for fiscal year 2022. This is a c...
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22
April
2022
| 10:06 Europe/Amsterdam
Global demand for TPU specialty films on the riseInvestment in the low double-digit million euro rangeCompletion planned for end of 2023...
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21
April
2022
| 16:42 Europe/Amsterdam
Actions of the Board of Management and Supervisory Board ratifiedSupervisory Board: Dr. Sven Schneider succeeds Prof. Dr. Rolf NonnenmacherDr. Markus Steilemann: “There can be no sustainability without Covestro”...
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21
April
2022
| 07:00 Europe/Amsterdam
Here you will find all the important documents relating to our Annual General Meeting 2022 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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04
April
2022
| 15:00 Europe/Amsterdam
Renewable feedstockReduced reliance on fossil raw materialsPurposeful innovation...
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24
March
2022
| 12:00 Europe/Amsterdam
For more sustainable mattresses, upholstered furniture, shoes and automotive seatsSignificant reduction of CO2 emissions from cradle-to-gate2Rapidly implementable solution with consistently high quality  ...
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08
March
2022
| 10:00 Europe/Amsterdam
Successful cooperation with textile and yarn technology companies in China...
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04
March
2022
| 12:00 Europe/Amsterdam
UN refugee aid (German partner organization of UNHCR) gets EUR 250,000 Local charities in Slovakia and Poland receive additional EUR 40,000 Further humanitarian commitment is being prepared...
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01
March
2022
| 07:05 Europe/Amsterdam
•  Ambitious target: Net zero1 emissions by 2035 for scope 1 and scope 2•  60% reduction in greenhouse gas emissions by 2030 •  Every product to be offered in a climate neutral version in the future with major products already on offer today ...
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01
March
2022
| 07:00 Europe/Amsterdam
Find all documents at a glance here: Our press release on the results for fiscal 2021, the presentation of the Annual Press Conference, the link to our Annual Report 2021 as well as images and further information....
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01
March
2022
| 07:00 Europe/Amsterdam
Core volumes sold up by 10%Group sales total EUR 15.9 billion (+48.5%)EBITDA more than doubles (>100%) to EUR 3.1 billionFree operating cash flow increases to EUR 1.4 billion (>100%)Highest dividend in the Group’s history proposed: EUR 3.40Climate ne...
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28
February
2022
| 19:38 Europe/Amsterdam
The Board of Management of Covestro AG – in light of the successful business development – today resolved on a share buyback program. The program amounts to a total volume of approximately EUR 500 million (without ancillary transaction costs) and sha...
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24
February
2022
| 10:07 Europe/Amsterdam
New MDI grades are climate neutral from cradle to factory gate1Products already available for construction, cold chain and automotive applicationsDrop-in solution with consistent product quality...
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14
February
2022
| 10:00 Europe/Amsterdam
ISCC Plus certified mass-balanced phenol and acetone based on bio-feedstockImportant raw materials for polycarbonate productionFirst delivery of 1,500 tons of mass-balanced phenol received in ShanghaiLater supply of acetone also planned, also to Thai...
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10
February
2022
| 10:00 Europe/Amsterdam
Lower Rhine plants offer certified mass-balanced productsDrop-in solution for customers with constant product quality...
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25
January
2022
| 10:00 Europe/Amsterdam
Use of partly recycled thermoplastic polyurethanes and polycarbonatesMaterial solutions reduce greenhouse gas emissionsIn line with Fairphone's modular design philosophy...
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19
January
2022
| 10:04 Europe/Amsterdam
Breakthrough for HMDA, widely-used ingredient, paves the way for more sustainable coatings, apparel, adhesives and plastics...
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18
January
2022
| 08:00 Europe/Amsterdam
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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17
January
2022
| 09:00 Europe/Amsterdam
Fortescue Future Industries intends to supply green hydrogen and its derivatives including green ammonia to CovestroFFI will supply up to 100,000 tonnes of green hydrogen equivalent per year, starting as early as 2024...
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2021
23
December
2021
| 10:00 Europe/Amsterdam
Covestro has signed its first commercial contract for supplying its ISCC Plus certified polyurethane raw material TDI from mass-balanced feedstock to Sinomax, a global manufacturer and distributor of polyurethane-based comfort products, as it continu...
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20
December
2021
| 10:00 Europe/Amsterdam
First power purchase agreement for “Weesow-Willmersdorf”, Germany’s largest solar farm Purchase of 63 megawatts for 15 years from 2022 Renewable energy to power the production of more sustainable plastics ...
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13
December
2021
| 11:00 Europe/Amsterdam
Selected Makrolon® RE grades are climate-neutral* from cradle to gate Drop-in solution with constant product quality A major step towards meeting climate and sustainability targets ...
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07
December
2021
| 13:00 Europe/Amsterdam
Group receives excellent CDP "A-" rating Good performance and transparent communication endorsed Announcement of climate neutrality target planned for the first quarter of 2022 ...
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07
December
2021
| 11:45 Europe/Amsterdam
New polyurethane elastomer system using CO2 Technology, now called Triturn® Covestro wins UTECH Europe Polyurethane Award 2021 ...
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06
December
2021
| 11:36 Europe/Amsterdam
Strengthening common understanding to enhance the PU foam recycling value chain  Further development of waste markets for highly efficient recycling Recycling of upholstered furniture foam planned at a later stage ...
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25
November
2021
| 12:45 Europe/Amsterdam
Covestro will showcase innovative material solutions for more sustainable future mobility at the combined trade show The Battery Show Europe and Electric & Hybrid Vehicle Technology Expo from November 30th to December 2nd, 2021 in Stuttgart, Germany....
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09
November
2021
| 16:16 Europe/Amsterdam
Covestro's strategic partner META® at Augmented World Expo USA 2021 ...
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09
November
2021
| 10:32 Europe/Amsterdam
Novel recycling technologies and alternative raw materials are at the center of attention ...
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08
November
2021
| 07:00 Europe/Amsterdam
Sales grow to around EUR 4.3 billion (+55.9%) Slight increase in core volumes sold EBITDA rises sharply to EUR 862 million (+89.0%) Net income more than doubles to EUR 472 million Free operating cash flow at EUR 381 million (+5.5%) Earnings ou...
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