Covestro at a glance

The company

Covestro is one of the world’s largest polymer companies. Our business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, construction, wood processing and furniture, as well as electrical, electronics, and household appliances industries. Other sectors include sports and leisure, telecommunications, health and the chemical industry itself.

> Learn more about our business and our products

Key Figures 2022

1

bn.

Group Sales

1

bn.

EBITDA

1

mn.

Free Operating Cash Flow

1

mn. tons

GHG emissions*

1

Employees

1

Production sites worldwide

> To the Annual Report

*Measured by CO2-equivalents (Scope 1 & 2)

Strategy

The world is facing major upheavals: climate change, population growth, urbanization - to name just a few. This puts sustainability at center stage, with the circular economy becoming mainstream. All of these trends force entire industries to adapt. But at Covestro, we don’t want to just adapt, but being a pioneer: We intend to shape our sustainable and circular future and be part of the solution to the challenges of our time. Our new strategy “Sustainable Future” paves the way.

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Board of Management

The Covestro Board of Management manages the operational businesses and defines and pursues the corporate goals.

Dr. Markus Steilemann

acts as Chief Executive Officer (CEO) since June 2018

Christian Baier

acts as Chief Financial Officer (CFO) since October 2023

Dr. Thorsten Dreier

acts as Chief Technology Officer (CTO) since July 2023 and Labor Director since September 2023

Sucheta Govil

acts as Chief Commercial Officer (CCO) since August 2019

> More information & biographies

Production sites

Covestro operates production at 50 sites worldwide and 13 R&D facilities in the EMLA, NA, and APAC regions.

> Learn more about our production sites