2023
25
May
2023
|
12:00
Europe/Amsterdam
On May 25, at the 16th (2023) International Photovoltaic Power Generation and Smart Energy Conference & Exhibition (referred to as SNEC), Covestro was honored with the polyurethane certificate for solar composite frames. The certificate was issued by...
Read more
19
May
2023
|
10:00
Europe/Amsterdam
New production line started in Taiwan to produce high performance TPU suited for Paint Protection Film (PPF) gradesProducts to be made available globallyNew TPU-based PPF solutions offered under Desmopan®UP brand nameLong-lasting protection for autom...
Read more
28
April
2023
|
07:00
Europe/Amsterdam
Group Sales of EUR 3.7 billionEBITDA of EUR 286 million far surpasses expectationsNet income totals EUR –26 millionFree operating cash flow of EUR –139 millionQ2 2023: EBITDA between EUR 330 million and EUR 430 million expectedFull-year guidance adju...
Read more
19
April
2023
|
10:00
Europe/Amsterdam
Introduction of a grade with 90 percent recycled contentClimate neutral1 polycarbonates with up to 89 percent sustainable shareCollaboration with Jabra on Evolve2 headset
Read more
23
March
2023
|
09:01
Europe/Amsterdam
Covestro polyurethane resin earns commercial material certificate in solar energy from TÜV Rheinland
Covestro’s Baydur® polyurethane resin has earned a commercial material certificate in solar energy by TÜV Rheinland Germany, the international independent third-party testing, inspecting, and certification agency. This is also TÜV Rheinland’s first p...
Read more
20
March
2023
|
05:45
Europe/Amsterdam
Company now provides products for food contact and healthcare applications in the Asia-Pacific region that meet the high-quality and safety standards of ‘Good Manufacturing Practice’ (GMP)Products will be offered under Desmopan® GMP brand nameCompany...
Read more
16
March
2023
|
09:30
Europe/Amsterdam
Polyurethane (PU) composites are strong, lightweight, and efficient in production, making them ideal for various industrial applications. These technologies also offer many benefits for a sustainable circular economy, such as reducing carbon dioxide ...
Read more
02
March
2023
|
07:05
Europe/Amsterdam
Group Sales total EUR 18.0 billion (+13.0%)EBITDA of EUR 1.6 billion (–47.6%)Positive free operating cash flow of EUR 138 million (–90.3%)Greenhouse gas emissions fall to 4.7 million metric tons (–9.6%)Circular economy and climate neutrality more imp...
Read more
23
February
2023
|
11:00
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 expansionExpansion to happen in three phases: First phase to be completed in late 2025, final phase to be completed in 2033Total...
Read more
21
February
2023
|
11:10
Europe/Amsterdam
Seven newly launched solutions cover four major fields, including mobility and constructionExpanded CQ portfolio advances Covestro’s vision of a circular economy
Read more
06
February
2023
|
15:00
Europe/Amsterdam
Makrolon® 3638 polycarbonate is engineered to meet rigorous standardsMaterial offers a unique combination of properties that are maintained over a wide temperature rangeIt underscores the commitment of Covestro to developing innovative material solut...
Read more
17
January
2023
|
04:30
Europe/Amsterdam
Materials manufacturer Covestro has been certified as a Top Employer in China for the fifth consecutive year by the Top Employers Institute. The company scored particularly high in areas such as well-being, work environment, diversity and inclusion.“...
Read more
2022
13
December
2022
|
10:00
Europe/Amsterdam
Multi-year contract calls for annual purchase of 300 gigawatt hours of wind and solar power from CGNPlans to cover 30 percent of electricity demand at Covestro's Shanghai siteSolid basis for significant reduction in greenhouse gas emissions...
Read more
09
November
2022
|
13:37
Europe/Amsterdam
• Realizing the mass production of PU composite battery pack top covers at a major power battery manufacturer• Expanding the application of polyurethane composite materials in the new energy industry...
Read more
09
November
2022
|
08:10
Europe/Amsterdam
• Jointly promoting sustainability philosophy among the youth through the orator and illustrator contest• New annual competition centered on climate change will be launched soon
Read more
08
November
2022
|
09:34
Europe/Amsterdam
• Achieving commercial success through CIIE• Supporting the development of longer wind blades• Further collaboration in more areas
Read more
08
November
2022
|
05:05
Europe/Amsterdam
• Launching new generation of low-carbon appliances with Covestro’s low-carbon-footprint MDI through a mass production approach• Generating 60 percent less carbon emission compared to fossil-based MDI...
Read more
07
November
2022
|
13:33
Europe/Amsterdam
• Covestro is exploring low-carbon solutions for sports shoes using mass-balanced MDI, TDI, TPU, and other functional materials• Each concept running shoe can reduce carbon emissions by more than 80 percent, with plans to officially launch next year...
Read more
06
November
2022
|
16:20
Europe/Amsterdam
• Debut comes a year after Covestro and Sinomax signed their first commercial contract on mass-balanced TDI • Bio-attributed TDI carbon footprint is 36 percent lower than fossil-based counterparts, thus helping to reduce CO2 emissions per mattress by...
Read more
06
November
2022
|
14:10
Europe/Amsterdam
• Reducing emissions with mass-balanced MDI, TDI and TPU solutions • Driving the polyurethanes industry towards carbon neutrality • Contributing to China's dual carbon goals ...
Read more
06
November
2022
|
11:32
Europe/Amsterdam
• Covestro is deepening local cooperation in the China market to promote the circular economy • Alternative raw materials support the green transformation of the furniture industry and China’s carbon neutral ambitions...
Read more
06
November
2022
|
11:00
Europe/Amsterdam
• Partnership with Shanghai-based innovative electric vehicle start-up empowers smarter, more sustainable value chain • CO₂-reduced polycarbonates and coatings and adhesives solutions further support carmakers in reducing carbon footprint...
Read more
01
November
2022
|
06:55
Europe/Amsterdam
Under the theme of “Together for a climate-neutral future”, materials manufacturer Covestro is once again participating in the China International Import Expo (CIIE) this year. In order to deliver on its commitment to a circular economy and sustainab...
Read more
21
September
2022
|
11:50
Europe/Amsterdam
Part of portfolio optimization for the ‘Tailored Urethanes’ Business EntityAppliance remains a key industry for Covestro, company will continue to supply high quality MDI for it
Read more
08
September
2022
|
10:01
Europe/Amsterdam
• Sustainable adhesive solutions drive innovation and evolution in downstream applications • Bio-based technology and bio-degradable technology to promote industry transformation and upgrading ...
Read more
20
June
2022
|
10:01
Europe/Amsterdam
Covestro, South Korean petrochemical company SK geo centric and Neste are cooperating to enable the production of a major polyurethane raw material based on renewable raw materials via mass balance. The cooperation will see Neste provide SK geo centr...
Read more
10
June
2022
|
02:50
Europe/Amsterdam
• The 2022-2023 CMF Design Trend Reports cover automotive, and electronics & electrical and healthcare sectors• In collaboration with Tongji University, Shanghai Jiao Tong University, and Goodmatter studio• Partnership with Milan Design Week on repor...
Read more
03
May
2022
|
07:05
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...
Read more
20
April
2022
|
10:17
Europe/Amsterdam
• Oriented around the United Nations Sustainable Development Goals• Shouldering social responsibilities and promoting quality education
Read more
12
April
2022
|
11:17
Europe/Amsterdam
German materials manufacturer Covestro announced today it has donated 70,000 Covid-19 antigen rapid test kits to Shanghai for pandemic prevention and control amid the latest spike in Covid-19 cases across the city. The kits, with a combined market va...
Read more