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Sensor roof module for autonomous driving

12
September
2023
| 10:00 Europe/Amsterdam
14 sensors and cameras integrated in closed componentPolycarbonate enables lightweight, aesthetic and durable designCovestro presents a LiDAR roof module for Chinese automaker Human Horizons at the ISAL Symposium
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Digitalization
Plastics
Automotive
Materials

Covestro AG confirms decision to enter into open-ended discussions with Adnoc

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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Global
Corporate News
Business & Finance
Mergers & Acquisitions

Covestro Huafeng and Cyclone Collaborate on More Sustainable Sports Kit

05
September
2023
| 08:53 Europe/Amsterdam
• Huafeng developed more sustainable HAPTIC® textile coating solution based on Covestro’s partly bio-based Impranil® CQ DLS/1 PU dispersion • New textile coating solution was used to produce official shorts and shoes of Team Sonnenwagen solar car …
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Business & Finance
Strategy
Covestro Taiwan
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Covestro’s Zhangbin chemical site reduces energy demand by 7%

31
August
2023
| 13:53 Europe/Amsterdam
The multi-million euro investment in a Direct Fired Thermal Oxidizer (DFTO) took four years and was completed on schedule. The DFTO passed and received the operation permit from local government, enabling the Zhangbin site to reduce Volatile Organic …
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Sustainability
Circular Economy
Covestro Taiwan
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Covestro Grandparent-Grandchild Science Camp Makes a Big Comeback After the Pandemic

30
August
2023
| 11:23 Europe/Amsterdam
l   The grandparents and grandchildren all felt this camp had created happy memories for them*l   Grandchildren all expressed that this camp meant they got to know their grandparents better*l   85% of the grandparents indicated this camp was the …
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Events & Fairs
多元化與包容性
Covestro Taiwan
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Covestro and Uniplan receive Red Dot Design Award

29
August
2023
| 10:00 Europe/Amsterdam
Combined digital and real world experienceCommunicative approach and motto "Crafting Connections With You"Prominent lecture program with live broadcastingMultiple use of stand construction made of more sustainable materials"Best of the Best" …
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Events & Fairs
Plastics
Design
Germany

Covestro appoints Christian Baier as new CFO, Dr. Thorsten Dreier to become Labor Director

21
August
2023
| 07:34 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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Financials
Business & Finance
Corporate News
Global

Chemical recycling of polycarbonates reaches a major milestone

16
August
2023
| 13:47 Europe/Amsterdam
Robust process developed on a laboratory scalePilot-scale technical implementation startsRecycled monomer can be used for the production of polycarbonate
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Circular Economy
Alternative raw materials
Recycling
Sustainability

With more efficiency and a lower carbon footprint to the solar race in Australia

09
August
2023
| 14:00 Europe/Amsterdam
New solar car "Adelie" makes rounds in LeverkusenA lot of teamwork, passion and experience lead to optimized prototypeCovestro materials in the new vehicle and sports outfit of the team
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Energy
Plastics
Automotive
Leverkusen

Covestro starts new Elastomers plant in Shanghai

08
August
2023
| 10:00 Europe/Amsterdam
Investment in the double-digit million Euro range New 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
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Elastomers
Energy
China
Hong Kong

Covestro Marks the Tenth Anniversary of the MagicMaterial School

08
August
2023
| 09:27 Europe/Amsterdam
Established in 2014, Covestro MagicMaterial School, which was named a finalist for the 2022 Gartner Communications Award in the category of “Excellence in ESG, Sustainability and DEI Communications”, will mark its tenth anniversary this
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Diversity & Inclusion
Taiwan
Events & Fairs
Covestro Taiwan

Covestro confirms full-year guidance despite weak economic activity

01
August
2023
| 07:04 Europe/Amsterdam
Group Sales of EUR 3.7 billion (–20.9%)EBITDA of EUR 385 million (–29.6%)Net income totals EUR 46 million (–76.9%)Free operating cash flow rises to EUR –10 millionFull-year results expected to be rather at lower half of the guidanceQ3 2023: EBITDA …
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Global
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