(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
Posted in Business, Chemicals, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 90 MW renewable energy capacity, Baytown Texas, Channelview Texas, circular economy, climate-neutral production, CO2 emissions reduction, Covestro, net-zero emissions, New Martinsville West Virginia, North American market, partnership, Pittsburgh Pennsylvania, RECs, renewable energy, Renewable Energy Certificates, Samir Hifri, scope 2 emissions, South Deerfield Massachusetts, sustainability, Thorsten Dreier, U.S. production sites, virtual power purchase agreement, VPPA, Ørsted
(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
Posted in Business, Chemicals, Germany, Industrial, Investment
Tagged automotive, blends, compounding capabilities, Covestro, digitalization, electrification of mobility, electronics, engineering plastics, healthcare industries, Hebron, Lily Wang, Ohio, Pittsburgh, polycarbonate compounds, production lines, R&D center, Samir Hifri, Solutions & Specialties business, supply reliability, sustainable development, sustainable growth strategy, technology transfer, Thorsten Dreier, U.S., U.S. compounding plant
(IN BRIEF) While electronics have significantly advanced in speed, size, and capability, the form factor—mainly consisting of components on circuit boards in a box—remains largely unchanged. The growing demand for faster, smaller, and more capable devices presents a significant opportunity … Read the full press release
Posted in Automotive, Electronics & Machinery, Industrial, Marketing, Technology, United Kingdom
Tagged 3D electronics, 3D electronics market opportunity, 3D printed antennas, ADAS sensor suites, ADAS sensors, Additive Electronics, AEB tests, ALTANA, Altium, automotive, automotive cameras, Automotive Technology, Autonomous Vehicles, BotFactory, Canatu, Ceradrop, chalcogenide glasses, Chasm, ChemCubed, circuit boards, components, Covestro, CRM Group, DuPont, E2IP, Elantas, electronics, embedded lighting, Enjet Inc., Faurecia, FononTech, Fraunhofer IEM, Fuji Corporation, Harting, Henkel, Holst Centre, HP, IDTechEx, IMD, IME, IME developers, in-mold decorating, In-mold electronics, independent research, infrared cameras, infrared sensors, Integrated Deposition Solutions, ioTech, J.A.M.E.S, John Li, Keiron Printing Technologies, LED lighting panels, LPKF, LWIR camera technology, LWIR cameras, MacDermid Alpha, market forecasts, Market Growth, market report, Nano Dimension, nano3Dprint, NCAP programs, Neotech AMT, NHTSA, Niebling, nScrypt., Optomec, PolyIC, Pulse Electronics, Raghu Das, REPORT, Scrona AG, Sun Chemical, Symbiose, TactoTek, TE Connectivity, Teledyne FLIR, TG0, Thermal cameras, vehicle interior lighting, XTPL, “Infrared (IR) Cameras for Automotive 2025-2035
(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
Posted in Business, Chemicals, Financial, Germany, Industrial, Investment, Management, News
Tagged Covestro, Dr. Ute Breitsohl, recruitment, Salary Transparency, Sophie von Saldern
(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
Posted in Business, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, Media, News, Science, Technology
Tagged Covestro, Healthcare, Henkel, INNOVATION, MEDICA, Next-Gen Medical Wearables, partnership, printed electronics, Quad Industries
(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
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged ADNOC International, Covestro, Germany, investment, partnership, sustainability
(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
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology
Tagged Covestro, INNOVATION, investment, R&D, Sucheta Govil, sustainability, Torsten Heinemann
(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
Posted in Austria, Business, Chemicals, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Borealis, Covestro, Heraeus, Nextrom, partnership, sustainability, Sustainable Optical Fiber and Cable Industry Alliance (SOFIA), Teijin Aramid, Umicore
(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
Posted in Business, Chemicals, Denmark, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Apple Waste, Beyond Leather Materials, Covestro, Denmark, Dr. Torsten Pohl, LEAP, Leather, Mikael Eydt, partnership, sustainability
(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) 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
Posted in Austria, Automotive, Business, Chemicals, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged automotive, Borealis, Covestro, Finland, Germany, Guido Naberfeld, Jeroen Verhoeven, Neste, partnership, plastics, sustainability, Thomas van de Velde, tires
(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
Posted in Business, Chemicals, Education, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Chaoyang University of Technology, Covestro, Covestro Taiwan, Dr. Carsten Wildebrand, Dr. Dao-Ming Cheng, Dr. Joerg Polster, Environmental Education, partnership, sustainability
(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
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged Covestro, Innovative Textile Solutions, sustainability, Techtextil 2024, Thomas Michaelis
(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
(IN BRIEF) Covestro, a leading global high-performance polymer company, has entered into a long-term supply agreement with Encina, a US-based producer of ISCC PLUS certified circular chemicals. Encina will supply Covestro with chemically recycled circular feedstock derived from post-consumer end-of-life … Read the full press release
Posted in Business, Chemicals, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Chemicals Supply, Covestro, David Roesser, Encina, Germany, partnership, sustainability, Thorsten Dreier, USA
(IN BRIEF) German materials manufacturer Covestro has announced a global partnership with Chinese automotive trim company Xinquan Automotive during the China International Import Expo in Shanghai. This strategic alliance aims to strengthen Xinquan’s presence in North America, Europe, and ASEAN … Read the full press release
Posted in Automotive, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged automotive, China International Import Expo, Christine Bryant, Covestro, INNOVATION, partnership, Shanghai, sustainability, Xinquan Automotive, Zhihua Tang
(IN BRIEF) Webasto, an automotive supplier, has revealed a prototype of an integrated sensor roof module designed for autonomous driving applications. To achieve this, Webasto employed Covestro’s transparent polycarbonate Makrolon® AG and the black PC-ABS Bayblend® T95 MF. Makrolon® AG … Read the full press release
Posted in Automotive, Business, Environment, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged Aesthetic Sensor Roof Module, autonomous driving, black PC-ABS Bayblend®, Covestro, Dr. Fabian Grote, Makrolon® AG, partnership, Polycarbonates, sustainability, Webasto
(IN BRIEF) Covestro has developed an innovative process for recycling polycarbonate plastics through chemical recycling, aiming to convert plastics back into their monomers for reuse in production. The process, termed chemolysis, is capable of recycling pre-sorted waste streams containing over … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Industrial, Management, News
Tagged Chemolysis, Covestro, Dr. Thorsten Dreier, Lily Wang, Polycarbonate Recycling, Recycling Loop, sustainability
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