Corporate News

Headlines

RSS feed - Headlines (opens in new window) View all headlines - Headlines

Covestro receives first delivery of sustainable benzene from Total

27
January
2021
| 10:00 Europe/Amsterdam
Total supplies 2,000 tons of ISCC Plus-certified benzene Covestro uses it to produce important precursor for different applications Drop-in solution with alternative raw material for more sustainable insulation boards, automotive parts and …
Read more
Tags
Materials & Industries
Circular economy
Foams
Sustainability

Covestro is taking action to support equality of women

26
January
2021
| 10:01 Europe/Amsterdam
United Nations initiative to promote gender equality in the workplace signed Strengthening the support of women in the workplace
Read more
Tags
Corporate News
People
Diversity & Inclusion
Global

Covestro receives ISCC Plus certification for its Antwerp and Uerdingen sites

14
January
2021
| 10:00 Europe/Amsterdam
More sustainable polycarbonates and polyurethane raw materials Gradual conversion of production in Europe planned Drop-in solution for customers with constant product quality
Read more
Tags
Materials & Industries
Plastics
Corporate News
Sustainability

Artificial intelligence to make chemical industry faster and smarter

16
December
2020
| 10:00 Europe/Amsterdam
Data-based technologies for more sustainability and efficiency Pilot projects in various divisions Important findings for the entire chemical industry
Read more
Tags
Corporate News
Research & Innovation
Locations
Germany

Covestro AG: Raised EBITDA and FOCF forecast for fiscal year 2020

08
December
2020
| 19:03 Europe/Amsterdam
Covestro raises its forecast for EBITDA and Free Operating Cash Flow (FOCF) in fiscal year 2020 as a consequence of a better than expected business development in the fourth quarter 2020. The new expectation exceeds the previously provided financial …
Read more
Tags
Global
Corporate News
Business & Finance
Figures

Press Kit: Covestro Media Talk about Biomass

02
December
2020
| 09:30 Europe/Amsterdam
Biomass from plants and trees will play a key role in the circular economy of the future: As a renewable carbon source, it reduces the dependence on oil and thus also the CO₂ footprint. Covestro is developing raw materials from biomass for …
Read more
Tags
Corporate News
Sustainability
Circular economy
Alternative raw materials

Covestro develops sustainable cast elastomer solution for the offshore industry

26
November
2020
| 10:00 Europe/Amsterdam
Covestro has developed a sustainable cast elastomer solution that enables the offshore industry to reduce its environmental impact and carbon footprint. The polyurethane elastomers are based on so-called cardyon brand polyols, which contain CO and …
Read more
Tags
Materials & Industries
Elastomers
Corporate News
Research & Innovation

Technology premiere for greater energy-efficiency and climate protection in MDI production

16
November
2020
| 10:00 Europe/Amsterdam
Significant savings of steam, electricity and therewith CO₂  Pilot plant inaugurated for industrial-scale application Development of new technology underlines innovation leadership
Read more
Tags
Materials & Industries
Foams
Sustainability
Germany

Covestro expands its production capacity for Vulkollan® raw materials in Thailand

12
November
2020
| 10:00 Europe/Amsterdam
Covestro has started construction of a new production plant for Vulkollan raw materials in the Map Ta Phut industrial zone in Thailand. With the new plant, the company aims to satisfy the growing demand for high-performance elastomers and to serve …
Read more
Tags
Materials & Industries
Corporate News
Business & Finance
Elastomers

Circularise and Porsche collaborate with Borealis, Covestro and Domo Chemicals to enable the traceability of plastics in the automotive sector

03
November
2020
| 10:29 Europe/Amsterdam
Circularise and Porsche together with the pioneering material suppliers Borealis, Covestro and Domo Chemicals launched a blockchain traceability project as part of the Startup Autobahn program. By digitizing materials Circularise was able to …
Read more
Tags
Corporate News
Sustainability
Circular economy
Plastics

3D printing on the path to Circular Economy

02
November
2020
| 11:38 Europe/Amsterdam
New products made from recycled plastics and alternative raw materials
Read more
Tags
Corporate News
Materials & Industries
Alternative raw materials
Sustainability

Covestro with significant growth in volume and earnings in third quarter

27
October
2020
| 07:00 Europe/Amsterdam
Core volumes up by 3.0% Group sales total around EUR 2.8 billion (–12.7%) EBITDA of EUR 456 million (+7.3%) driven by cost-cutting measures Net income of EUR 179 million (+21.8%) Free operating cash flow rises to EUR 361 million …
Read more
Tags
Global
Corporate News
Company information
Business & Finance