Covestro

(IN BRIEF) INEOS and Covestro have entered into a long-term natural gas supply agreement lasting up to eight years, ensuring stable and predictable energy for Covestro’s European operations. The agreement, set to begin in 2027, supports both companies’ goals to … Read the full press release →

(IN BRIEF) Covestro has launched a new PCR polycarbonate material made from end-of-life vehicle headlamps, certified by TÜV Rheinland and now available for commercial automotive use. Developed in partnership with GIZ, Volkswagen, NIO, and Chinese recycler Ausell, the material supports … Read the full press release →

(IN BRIEF) Covestro has achieved net-zero Scope 2 electricity emissions at four of its U.S. production sites through a virtual Power Purchase Agreement (vPPA) with Ørsted. This collaboration, which provides 90 MW of renewable energy capacity, allows Covestro to reduce … Read the full press release →

(IN BRIEF) Covestro is investing a low triple-digit million Euro sum to expand its operations in Hebron, Ohio, by adding multiple production lines for polycarbonate compounds and blends. This expansion will support the growing demand for high-quality materials in industries … Read the full press release →

(IN BRIEF) Covestro has appointed Monique Buch as its new Chief Commercial Officer (CCO), effective June 1, 2025. Buch, an experienced B2B executive with a strong international background, will succeed Sucheta Govil, who has served as CCO since 2019 and … Read the full press release →

(IN BRIEF) Covestro is leading the way in salary transparency by disclosing salary ranges for all job advertisements in Germany, aligning early with the EU Pay Transparency Directive set to take effect in 2026. This initiative aims to foster trust, … Read the full press release →

(IN BRIEF) Henkel, Covestro, and Quad Industries have joined forces to drive innovation in healthcare wearables through advanced printed electronics. This partnership, showcased at MEDICA, will present a new ECG patch for continuous monitoring, leveraging Henkel’s inks, Covestro’s TPU substrates, … Read the full press release →

(IN BRIEF) Covestro’s management has recommended shareholders accept a €62.00 per share takeover offer from ADNOC International, highlighting the strategic partnership’s alignment with Covestro’s sustainability goals and the attractive 54% premium offered. The offer period runs through November 27, with … Read the full press release →

(IN BRIEF) Covestro has announced a €100 million investment aimed at enhancing its research and development (R&D) infrastructure over the next three years, targeting sustainable solutions and digital advancements. This initiative supports the company’s commitment to becoming fully circular and … Read the full press release →

(IN BRIEF) Covestro AG has signed an Investment Agreement with ADNOC International Germany Holding AG, which supports ADNOC’s public takeover offer for all Covestro shares at €62.00 each, valuing the company at approximately €11.7 billion. The agreement ensures ADNOC’s commitment … Read the full press release →

(IN BRIEF) Six major companies—Borealis, Covestro, Heraeus, Nextrom, Teijin Aramid, and Umicore—have launched the Sustainable Optical Fiber and Cable Industry Alliance (SOFIA) to promote sustainability across the optical fiber and cable sector. SOFIA aims to improve transparency, communication, and standardized … Read the full press release →

(IN BRIEF) Beyond Leather Materials has partnered with Covestro to develop LEAP®, a sustainable leather alternative made from over 85% bio-based materials, primarily apple waste. Covestro’s INSQIN® technology provides a durable, premium coating for LEAP®, offering a low-VOC, eco-friendly solution. … Read the full press release →

(IN BRIEF) Covestro is championing the circular economy by integrating sustainable design principles into product development. Recognizing the significant environmental impact of product design, Covestro leverages its expertise in high-performance materials to guide customers in adopting circular design practices. Their … Read the full press release →

(IN BRIEF) Ørsted and Nuveen Infrastructure have achieved a significant milestone with the installation of the first wind turbine at the Borkum Riffgrund 3 offshore wind farm in Germany. Once completed, this 913 MW project will be Germany’s largest offshore … Read the full press release →

(IN BRIEF) Neste, Borealis, and Covestro have partnered to recycle discarded tires into high-quality plastics for automotive applications, aiming to drive circularity in the plastics value chain. Through this collaboration, old tires are transformed into raw materials, processed into base … Read the full press release →

(IN BRIEF) Saltigo, a subsidiary of LANXESS specializing in exclusive synthesis of active ingredients and intermediates, introduces “Net Zero Custom Manufacturing” to offer sustainable production solutions to potential customers, particularly in the food and agrochemical industries. The initiative focuses on … Read the full press release →

(IN BRIEF) In a significant collaboration for Earth Day 2024, Covestro Taiwan and Chaoyang University of Technology have signed a Corporate Social Responsibility (CSR) plus University Social Responsibility (USR) MOU. This partnership expands their existing cooperation to develop an environmental … Read the full press release →

(IN BRIEF) Covestro, a leading polymer manufacturer, showcases its latest innovations at Techtextil 2024 in Frankfurt. With a focus on sustainability and productivity, Covestro presents four teams highlighting its diverse portfolio, including waterborne INSQIN® products for sustainable textile coatings, Desmomelt® … Read the full press release →

(IN BRIEF) Covestro and RWE have inked a substantial long-term power purchase agreement (PPA) aimed at bolstering Covestro’s Antwerp production site in Belgium with renewable energy from offshore wind turbines in the North Sea. This collaboration, spanning from 2026 to … Read the full press release →

(IN BRIEF) Covestro has inaugurated a groundbreaking pilot plant at its Leverkusen site, heralding a significant leap in chemical production. This innovative facility is set to produce aniline—a crucial chemical component—solely from plant biomass, departing from traditional petroleum-based methods. Aniline … Read the full press release →