2023
08
September
2023
|
19:32
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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05
April
2023
|
14:00
Europe/Amsterdam
Covestro has successfully completed the sale of its Additive Manufacturing Business to the 3D printing company Stratasys as of April 3, 2023. The Group had announced in August 2022 that it would sell the Additive Manufacturing Business for a selling …
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2022
08
August
2022
|
13:00
Europe/Amsterdam
Business provides material solutions for common polymer 3D printing processesSale includes R&D facilities, offices and employees in Europe, U.S. and ChinaNew ownership by Stratasys expected to achieve faster growth
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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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2021
27
July
2021
|
10:00
Europe/Amsterdam
Covestro has successfully completed the sale of its 51 percent share in the joint venture Pearl Covestro Polyurethane Systems FZCO in Dubai (United Arab Emirates), effective as of July 26, 2021. The proceeds are in the mid-single-digit million euro …
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01
April
2021
|
14:15
Europe/Amsterdam
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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01
March
2021
|
10:00
Europe/Amsterdam
Proceeds in the mid-single-digit million euro range
Closing expected in the first half of 2021
Systems house continues doing business independently, Covestro remains key supplier
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2020
14
October
2020
|
08:15
Europe/Amsterdam
Complete placement of 10,200,000 offered shares
Gross proceeds of EUR 447 million
Use of proceeds to finance the announced acquisition of the RFM business from DSM
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30
September
2020
|
08:22
Europe/Amsterdam
Covestro to become one of the global leaders in attractive growth market for sustainable coating resins
Combining strong innovation capabilities to accelerate transition to circular economy
Complementary product portfolios and application …
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27
February
2020
|
00:00
Europe/Amsterdam
• Investments in start-up companies planned in five areas
• First investments have already been made
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27
February
2020
|
00:00
Europe/Amsterdam
• Strategic focus on investments in start-ups
• Exclusive partner for unique O.V.M® material technology
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03
January
2020
|
00:00
Europe/Amsterdam
Covestro has successfully closed the sale of its European polycarbonates sheets business to the Munich-based Serafin Group effective January 2, 2020. This includes key management and sales functions throughout Europe as well as production sites in …
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2019
04
November
2019
|
00:00
Europe/Amsterdam
Covestro successfully closed the sale of its European Systems Houses business to H.I.G. Capital effective as of November 1, 2019. The sales proceeds amount to a high-double-digit euro million sum. The business comprises facilities in the …
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16
September
2019
|
00:00
Europe/Amsterdam
New owner to continue and further develop sheets business / Sale is part of Covestro’s efforts to optimize its portfolio / Covestro to remain key supplier to sheets business
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17
June
2019
|
00:00
Europe/Amsterdam
Sales proceeds in the high-double-digit euro million range / Systems houses with revenues of EUR 230 million / Covestro to remain a key supplier to European Systems Houses / New ownership allows unit to further grow and to position itself as an …
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