Articles tagged with 'global' | Covestro

Investment decision for commercial scale plant using the ICCP technology of BioBTXThe plant in Delfzijl will create 35 new jobs and process around 20,000 tonnes of waste per year.Outcome: aromatic oil consisting of benzene, toluene and xylenes

Covestro joins BMW, FORVIA HELLA and other partners to develop fully recyclable automotive lighting components "Design for Circularity" meets high-performance polycarbonate: Covestro drives closed material loops in automotive applicationsAI-powered …

MoU signed to establish a long-term strategic partnership, with a focus on advanced material innovation and application developmentCollaboration spans new energy vehicles, power batteries, energy storage, and advanced technology frontiersShared …

Already today, Covestro is publishing the following preliminary financial data for the first half year 2026: Preliminary sales amount to EUR 6,729 million.Preliminary EBITDA amounts to EUR 669 million. This development is mainly …

Covestro completes acquisition of two former Vencorex production sites for HDI derivatives in Rayong, Thailand, and Freeport, Texas, USAAdditional capacities strengthen Covestro’s regional production network and improve supply resilience for …

World-scale MDI train at Covestro Integrated Site Shanghai in China with production start at the end of the decadeUAE feasibility study for second new world-scale MDI train based on existing partnership with TA'ZIZ and FertiglobeBoth MDI production …

Bio4PURConti, a pioneering EU-funded project, aims to develop the world’s first continuous production process for bio-based anilineProject targets semi-industrial scale production of bio-based aniline, a low-carbon drop-in replacement for …

Companies cooperate to reduce the carbon footprint of chloroprene rubber production using ISCC PLUS-certified chlorineChlorine produced with renewable energy reduces the GWP of Baypren® of ARLANXEO by approximately 20% compared to 2025The …

Bayblend® T85X R35 CQ from Covestro, containing 35% post-consumer recycled content, has been adopted for selected interior components in the Lexus ES.The material meets key performance requirements for premium automotive interiors, including …

Advanced materials help shape modern football – from speed, control and comfort to infrastructure and digital connectivityCovestro materials may be invisible to fans, but they contribute to the performance layer behind the modern gamePolyurethane, …

Three-site network now complete: AD Center in Guangzhou, production in Zhuhai, and R&D in Changhua – driving integrated regional synergiesStrategically located near key industry clusters in consumer electronics, automotive, footwear, PPF and …

Actions of the Board of Management and Supervisory Board ratifiedTransfer of the shares held by the minority shareholders to XRG P.J.S.C. approved against cash compensation of EUR 59.46 per share (squeeze-out under German stock corporation …

New compressor in Dormagen reduces Covestro's energy consumption in Germany by two percentInvestment in the low double-digit million-euro rangeModernization saves approximately 40,000 tons of CO2 emissions per year

The Supervisory Board of Covestro has unanimously decided to appoint Klaus Fröhlich as the new Chief Financial Officer (CFO). The 53-year-old will assume the role from Christian Baier effective October 1, 2026. Christian Baier will leave the company …

Smart textile platform opens possibilities for multiple applications, including sensor-controlled newborn bodysuit for jaundice phototherapy.Impranil® PUDs from Covestro deliver the required combination of conductivity, elongation, and flexibility.

Transparent waterborne PU coating allows E Ink e-paper displays to be seamlessly embedded behind premium-feel synthetic materialsCombines dynamic color functionality with the durability and performance required for automotive interiors

Contract extended for another two yearsCovestro has been the main sponsor since 2018More than ten Covestro materials used in the current Sonnenwagen

Covestro will showcase innovations for textile coatings, adhesive films and thermoplastic polyurethanes (TPUs) at Booth C79, Hall 11.0Pontacol® thermoplastic adhesive film solutions now part of Covestro boothExhibits will highlight how solutions can …

XRG P.J.S.C., Abu Dhabi, United Arab Emirates (“XRG”), today submitted to the Board of Management of Covestro AG (ISIN: DE0006062144 / WKN 606214) the formal request in accordance with Section 327a para. 1 sentence 1 of the German Stock Corporation …

Agreement marks decisive step toward commercialization of smart pyrolysis for polyurethane rigid foam recycling2kt per year facility to produce high purity recycled aniline for MDI productionResulting MDI comes with up to 40% improved carbon …

Group sales at EUR 12.9 billion (–8.7%)EBITDA of EUR 740 million (–30.9%)Free Operating Cash Flow of EUR –283 millionSTRONG program with EUR 275 million in realized savingsPartnership with XRG completed; capital increase strengthens balance …

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First shown as a prototype at the 'K' trade fair – now the world premiereDesigned and developed by UE | STUDIOS in a funded project by BMWE and EULarge-scale polycarbonate glazing with 381 cm windshieldSeamless integration of ADAS systems thanks to …

Covestro AG decides to apply for switch from the Prime Standard to the General Standard of the Frankfurt Stock Exchange.The shares of Covestro AG (WKN 606214 / ISIN DE0006062144) are currently admitted to trading on the regulated market of the …

Phase I of Zhuhai site completedWill reach an annual production of 30,000 tonsSite will be the largest TPU site for Covestro after completion of all three construction phases in the 2030sStrong regional R&D and Application Development footprint …

Commissioning planned for end of 2026Ten percent of steam at the Brunsbüttel site can be generated with renewable energy thanks to the heat batteryBreakthrough Energy Catalyst and the European Investment Bank (EIB) are supporting the project.

XRG P.J.S.C. today informed Covestro AG that the general meeting of Covestro AG shall resolve the transfer of the shares held by the minority shareholders to XRG P.J.S.C. in return for appropriate cash compensation pursuant to sec. 327a para. 1 …

New model uses Bayblend® RE polycarbonate, which is related to 25 percent bio-circular attributed raw materials, through mass balance accountingMaterial potentially reduces the battery housing's CO2 footprint by over one-fifth compared to …

Leadership transition in Supervisory Board following successful completion of strategic partnership with XRGDr. Rainer Seele has succeeded Dr. Richard Pott effective 20 December 2025

Christian Baier, Chief Financial Officer of Covestro AG, has informed the Chairman of the Supervisory Board that he will not be renewing his contract and will leave the company upon expiry of his term in September 2026 at his own request. By sharing …