Articles tagged with 'global' | Covestro

Covestro’s third-largest site, Baytown, Texas, USA receives ISCC PLUS certificationFocus on mass balanced products using recycled and bio-attributed raw materialsAlready hundreds of products made from alternative raw materials in the circular "CQ" po...

Investment in the higher double-digit million euro rangeCompletion planned by 2025Applications in ID card, automotive and electronics industriesGrowing range of more sustainable films

Comprehensive portal with innovative topics for current and future material developmentsLively meeting place for exciting digital collaboration with the coatings and adhesives sector and downstream industriesWebinars on key strategic coatings and adh...

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...

Find all documents at a glance here: Our press release on the results for fiscal 2022, the presentation of the Annual Press Conference, the link to our Annual Report 2022 as well as images and further information....

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...

NALYSES research project looks at the entire product cycleConsortium of industry and scienceTransfer of project results to other industries plannedFunding by German Federal Ministry of Education and Research...

Covestro offers smart materials solutions for a smart living worldAt LOPEC 2023, Covestro highlights substrates tailored for automotive, electronics, healthcare and consumer applications 

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, ...

With great sadness Covestro and its employees learned about the death of Michel Baulé, entrepreneur in the cast polyurethane industry, who has passed away January 13th at the age of 79. “Our thoughts and condolences are with Michel’s family,” said Th...

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...

First world-scale plant based upon energy efficient ODC technologyNew plant strengthens European MDI production network of CovestroInvestment of 200 million euros creates 50 new jobs in Tarragona

Covestro to focus Engineering Plastics business entity more strongly on core business in the future Production of thermoplastic fiber composites under the Maezio® brand to be discontinued Markt Bibart site to be closed during the course of the year a...

Budding designers interested in working with plastics have been set a challenge to design a new product for the kitchen or bathroom by the Design Innovation in Plastics (DIP) competition, 2023, sponsored by Covestro....

Companies agree production of key basic chemicalsCovestro uses electricity with certificates of origin from hydropower for electrolysis in North Rhine-WestphaliaCooperation reduces CO₂ emissions by up to 120,000 tons per year...

In the course of preparing Covestro’s group accounts for fiscal year 2022, preliminary full-year financial figures deviate from capital market expectations, based on the average values of latest consensus estimates of financial analysts, published by...

Group again receives excellent CDP “A-” ratingRanking confirms strong climate strategy and transparencyTop score achieved in four categories

Faster and more timely thanks to greater independence from major shipping companiesMore flexibility: direct route from Asia to Europe, smaller ships, several possible destinations

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...

European Institute of Innovation and Technology (EIT) names solution from Niaga® award winner of the Circular Economy Prize. The prize in the Digital Products Passports (DPP) category underlines the importance of transparency and traceability for a c...

Testing a blockchain system to complement ISCC PLUS

New research group launchedProgress in extracting chemicals from plantsFurther stimulus for the circular economy

Meeting the growing demand for high performance elastomers

New polycarbonate film contributing towards circular economyNovel materials for integrated passport solutionOne material enables multiple security features

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 mo...

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. Du...

Turning used engineering plastics into high-quality post-industrial recycled polycarbonatesNovel business model allows full transparency and traceability along the value chainContributing to the low-carbon development of carmakers...

Collaborative efforts with a focus on truck transportProgram is key to the company’s reduction of scope 3 emissionsSupporting customers’ sustainability and climate-neutral targets

Economic conditions require project reassessmentMDI remains a growth market long-termNo fundamental investment stop

Covestro showcases contributions to sustainable, low-carbon industrial developmentInnovative alternative raw materials empower partners to achieve their own carbon reduction goalsWith sustainable solutions in mobility, energy, buildings, and lifestyl...