Covestro

COVESTRO NEWSROOM (11 press releases)

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Covestro confirms new Supervisory Board Chairman after completion of XRG strategic partnership

PRESS RELEASE -- 22, December 2025

(IN BRIEF) Covestro has announced a change in leadership on its Supervisory Board following the completion of its strategic partnership with XRG. Dr. Rainer Seele was elected Chairman on 18 December 2025 and assumed the role on 20 December, succeeding … Read the full press release

Medical device circularity explored as Covestro and Allmed assess recycling of artificial kidney filters

PRESS RELEASE -- 8, December 2025

(IN BRIEF) Covestro and Allmed have entered a partnership to explore whether used artificial kidney filters can be recycled into new polycarbonate-based plastic materials. The feasibility study assesses technical recovery processes, regulatory considerations and potential economic viability. Working with additional … Read the full press release

Offshore Wind Capacity Expands in Germany with Ørsted’s Largest Project Now Feeding Into the Grid

PRESS RELEASE -- 4, December 2025

(IN BRIEF) Ørsted and Nuveen Infrastructure’s Borkum Riffgrund 3 offshore wind farm has delivered its first power to the German grid, marking a major progress point toward full operation expected in Q1 2026. The 913 MW project — now Ørsted’s … Read the full press release

Covestro completes acquisition of Swiss adhesive film specialist Pontacol to expand Solutions & Specialties segment

PRESS RELEASE -- 29, August 2025

(IN BRIEF) Covestro has completed its acquisition of Pontacol, a Swiss producer of multilayer adhesive films, effective August 28, 2025. The deal expands Covestro’s Solutions & Specialties segment by adding advanced flat and blown adhesive films, strengthening its presence in … Read the full press release

Covestro Taiwan names Annie Chen as new Managing Director to lead business transformation from September 2025

PRESS RELEASE -- 22, August 2025

(IN BRIEF) Covestro has appointed Annie Chen as the new Managing Director of Covestro Taiwan, effective 1 September 2025. Currently Head of Supply Chain and Logistics for Taiwan, Korea, New Zealand, and Australia, Chen succeeds Dr. Carsten Wildebrand, who will … Read the full press release

Strategic Acquisition Boosts Covestro’s Coatings and Adhesives Capabilities in Asia-Pacific and North America

PRESS RELEASE -- 14, August 2025

(IN BRIEF) Covestro is acquiring two HDI derivative production sites in Rayong, Thailand, and Freeport, USA, from Vencorex Holding SAS to expand its global aliphatics capabilities. The move strengthens the company’s Solutions & Specialties segment and supports its Sustainable Future … Read the full press release

Covestro Introduces Groundbreaking TPU Innovations for AI-Driven Smart Devices at Taipei Symposium

PRESS RELEASE -- 23, May 2025

(IN BRIEF) Covestro unveiled its innovative thermoplastic polyurethane (TPU) solutions at a symposium in Taipei, highlighting the key role of material innovation in AI-powered smart devices. With advancements in thermal management, durability, and performance, Covestro’s Desmopan® series is revolutionizing industries … Read the full press release

INEOS and Covestro Forge Strategic Long-Term Natural Gas Agreement to Strengthen European Industrial Competitiveness

PRESS RELEASE -- 1, May 2025

(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

Covestro Introduces PCR Polycarbonates from Discarded Headlamps to Boost Automotive Sustainability

PRESS RELEASE -- 15, April 2025

(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

Covestro Reaches Net-Zero Electricity Emissions at Four U.S. Sites Through Ørsted vPPA

PRESS RELEASE -- 19, February 2025

(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

Covestro Expands Polycarbonate Production in Ohio to Meet Growing Demand in North America

PRESS RELEASE -- 8, January 2025

(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