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Covestro and SOL Kohlensäure sign framework agreement for biogenic carbon dioxide (CO₂)

15
September
2022
| 11:03 Europe/Amsterdam
Covestro’s NRW sites supplied with biogenic CO₂ from SOL KohlensäureSupply partnership helps Covestro switch to alternative raw materialsBoth partners advancing Circular Economy and climate neutrality 
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Corporate News
Research & Innovation
Alternative raw materials
Circular Economy

Innovative technology makes flexible packaging recyclable

15
September
2022
| 10:00 Europe/Amsterdam
Technology from Covestro weakens the bond strength of PU adhesivesLaminated films in multilayer packaging can be separated after useThe individual materials can be recycled later
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Corporate News
Sustainability
Recycling
Adhesives

Covestro introduces more sustainable polyether polyols based on bio-circular raw materials¹

12
September
2022
| 10:01 Europe/Amsterdam
Together with isocyanates, both important components for PU foams are now available on the basis of alternative raw materialsReduced carbon footprint compared to raw materials based on fossil fuelsSame high quality as fossil-based productsImmediate …
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Corporate News
Sustainability
Circular Economy
Foams

Improved sustainability in combination with freedom of design and functionality

08
September
2022
| 10:11 Europe/Amsterdam
CO savings even during the production of the charging stationPolycarbonate from mass-balanced biowaste and residues meets all technical requirementsMore sustainable and economical manufacturing
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Corporate News
Materials & Industries
Sustainability
Plastics

Covestro receives ISCC PLUS certification for its Map Ta Phut production site in Thailand

30
August
2022
| 10:04 Europe/Amsterdam
Polycarbonate plastics and films with reduced carbon footprint
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Sustainability
Circular Economy
Plastics

INEOS supplies Covestro with mass-balanced raw materials for polycarbonate plastics

24
August
2022
| 10:06 Europe/Amsterdam
Supporting customers in achieving their sustainability goals
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Corporate News
Sustainability
Circular Economy
Plastics

Covestro invests in the production of more sustainable polycarbonates in Asia Pacific

19
August
2022
| 10:12 Europe/Amsterdam
Capability to deliver over 60,000 tons per year of recycled polycarbonates annually by 2026 in region amid strong demandGroundbreaking on company’s first dedicated mechanical recycling production line in ShanghaiRepurposing of an existing production …
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Corporate News
Sustainability
Recycling
Plastics

Covestro drives for innovation for sustainability capability in the future generation supporting EV Hackathon 2022

18
August
2022
| 12:42 Europe/Amsterdam
Bangkok, Thailand: Covestro, one of the world’s leading manufacturers of high-quality polymer materials and components, joins the judge panel to select finalist teams from the "Future EV Mobility Creative Contest for Sustainability" (EV
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Automotive
Sustainability
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Covestro Thailand

Covestro announces sale of Additive Manufacturing Business to Stratasys

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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Business & Finance
Mergers & Acquisitions
Global

Solid performance and an increasingly challenging environment

02
August
2022
| 07:02 Europe/Amsterdam
Group sales rise to EUR 4.7 billion (+18.9%)EBITDA of EUR 547 million (–33.0%) above own guidanceNet income totals EUR 199 million (–55.7%)Free operating cash flow (FOCF) falls to EUR –462 millionFull-year guidance 2022 adjustedContinued focus on …
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Global
Figures

Reduced earnings outlook for 2022

29
July
2022
| 17:42 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 …
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global

Covestro strives for a sustainable communities organizing “Hands for a Brighter World” campaign

27
July
2022
| 08:41 Europe/Amsterdam
Covestro, a world leader in polymer materials, organizes "Hands for a Brighter World" campaign to drive sustainability by upcycling plastic wastes under the Fully Circular concept. The project aims at promoting efficient management of plastic wastes …
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Sustainability
APAC
Thailand
Circular Economy