Tag Archives: Covestro

Covestro Paves the Way for Circular Economy with €100 Million Investment in R&D

(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

Covestro Signs Investment Agreement with ADNOC, Supporting €62.00 Takeover Offer for Shareholders

(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

Six Industry Leaders Launch Sustainable Optical Fiber and Cable Industry Alliance (SOFIA)

(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

Beyond Leather Materials and Covestro Partner to Develop Sustainable Leather Alternative from Apple Waste

(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

Covestro Advances Circular Economy with Innovative Product Design Solutions

(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

Industry Giants Join Forces to Transform Discarded Tires into Sustainable Automotive Plastics

(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

Covestro and Chaoyang University of Technology Join Forces for Environmental Education

(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

Covestro Unveils Innovative Textile Solutions at Techtextil 2024

(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

Covestro and RWE Forge Long-Term Pact for Green Energy Supply

(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

Covestro Unveils Breakthrough in Green Chemical Production: Bio-Based Aniline Marks Milestone in Circular Economy Drive

(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

Covestro Partners with Encina for Circular Chemicals Supply in Sustainability Drive

(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

Covestro and Xinquan Forge Global Partnership to Drive Automotive Innovation and Sustainability

(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

Webasto Unveils Aesthetic Sensor Roof Module for Autonomous Driving, Using Covestro’s Polycarbonates

(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

Covestro Advances Polycarbonate Recycling with Chemolysis, Aiming to Close the Recycling Loop

(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

Team Sonnenwagen Presents Efficient Solar Car ‘Adelie’ with Covestro’s Support Ahead of Australian Solar Challenge

(IN BRIEF) Team Sonnenwagen, a group of students from RWTH Aachen University and Aachen University of Applied Sciences, has developed a highly efficient solar car named “Adelie” to participate in the Bridgestone World Solar Challenge, a challenging solar race across … Read the full press release

Reutlingen University Unveils Texoversum: Europe’s Unique Training Center with Innovative Carbon Fiber Façade

(IN BRIEF) Reutlingen University has unveiled the Texoversum, a unique training and innovation center for the textile industry in Europe. The building features a textile-like façade made of carbon fibers wound by robots, resulting in a lightweight yet highly resilient … Read the full press release

Covestro Urges Innovative Recycling Technologies Ahead of UN Conference on Plastic Pollution

(IN BRIEF) Covestro, a global provider of polymer materials, emphasizes the need for innovative recycling technologies ahead of the UN conference on plastic pollution. The company has already achieved success with its chemical recycling method and plans to establish a … Read the full press release

Covestro Introduces Decovery® CQ 6010: Advancing Recyclable Paper Packaging with Bio-Based Barrier Coating

(IN BRIEF) Covestro has developed Decovery® CQ 6010, a partially bio-based barrier coating resin that enables recyclable paper packaging. By replacing polyethylene (PE) and aluminum layers in food packaging, Decovery® CQ 6010 reduces waste and improves recyclability. The resin provides … Read the full press release

Covestro desarrolla una nueva resina de policarbonato con un 90 % de contenido reciclado

(NOTICIA EN BREVE) Covestro, un proveedor líder de materiales poliméricos de alto rendimiento, ha desarrollado una nueva resina de policarbonato con un 90 % de contenido reciclado a partir de residuos posconsumo (PCR). La resina de policarbonato Makrolon® PCR tiene … Read the full press release

Covestro Develops New Polycarbonate Resin with 90% Recycled Content

(IN BRIEF) Covestro, a leading supplier of high-performance polymer materials, has developed a new polycarbonate resin with 90% recycled content from post-consumer waste (PCR). The Makrolon® PCR polycarbonate resin has a carbon footprint 70% lower than a comparable fossil-based virgin … Read the full press release

Covestro va étendre ses activités de TPU en Chine avec une nouvelle installation, en se concentrant sur des offres durables

(ACTUALITÉ EN BREF) Covestro, l’un des principaux fabricants de polymères hautes performances, a annoncé son intention de construire son plus grand site de polyuréthanes thermoplastiques (TPU) à Zhuhai, en Chine, avec un investissement global de l’ordre de trois millions d’euros. … Read the full press release

Covestro to Expand TPU Business in China with New Facility, Focusing on Sustainable Offerings

(IN BRIEF) Covestro, a leading high-performance polymers manufacturer, has announced plans to build its largest Thermoplastic Polyurethanes (TPU) site in Zhuhai, China, with an overall investment in the low three-digit million Euro range. The new facility will eventually span across … Read the full press release

Covestro to build its first dedicated line for the mechanical recycling (MCR) of polycarbonates in Shanghai, China

Capability to deliver over 60,000 tons per year of recycled polycarbonates annually by 2026 in region amid strong demand Groundbreaking on company’s first dedicated mechanical recycling production line in Shanghai Repurposing of an existing production line in Thailand (PRESS RELEASE) … Read the full press release

Covestro va construire sa première ligne dédiée au recyclage mécanique (MCR) des polycarbonates à Shanghai, en Chine

Capacité à livrer plus de 60 000 tonnes par an de polycarbonates recyclés chaque année d’ici 2026 dans une région au milieu d’une forte demande Inauguration de la première ligne de production dédiée au recyclage mécanique de l’entreprise à Shanghai … Read the full press release

Pearl Polyurethane Systems, a leading polyurethane systems house in Middle East and Africa, to start offering insulation boards based on the climate-neutral raw material MDI from Covestro

(PRESS RELEASE) LEVERKUSEN, 23-Jun-2022 — /EuropaWire/ — Covestro AG (ETR: 1COV), a German producer of polyurethane and polycarbonate based raw materials and one of world’s leading polymer companies, has announced that the Pearl Polyurethane Systems, a leading polyurethane systems house … Read the full press release

Pearl Polyurethane Systems, un leader des systèmes de polyuréthane au Moyen-Orient et en Afrique, va commencer à proposer des panneaux isolants basés sur la matière première climatiquement neutre MDI de Covestro

(COMMUNIQUÉ DE PRESSE) LEVERKUSEN, 23-Jun-2022 — /EuropaWire/ — Covestro AG (ETR : 1COV), un producteur allemand de matières premières à base de polyuréthane et de polycarbonate et l’un des leaders mondiaux des polymères, a annoncé que Pearl Polyurethane Systems, un leader … Read the full press release

Covestro announces Standard 100 by OEKO-TEX® certification for some of its Dureflex® portfolio thermoplastic polyurethane films

High product safety and absence of pollutants in textile applications (PRESS RELEASE) LEVERKUSEN, 13-Jun-2022 — /EuropaWire/ — Covestro AG (ETR: 1COV), a German producer of polyurethane and polycarbonate based raw materials and one of world’s leading polymer companies, has announced … Read the full press release

Covestro annonce la certification Standard 100 by OEKO-TEX® pour certains de ses films en polyuréthane thermoplastique Dureflex®

Haute sécurité du produit et absence de polluants dans les applications textiles (COMMUNIQUÉ DE PRESSE) LEVERKUSEN, 13-Jun-2022 — /EuropaWire/ — Covestro AG (ETR : 1COV), un producteur allemand de polyuréthane et de polycarbonate matières premières et l’une des principales sociétés de … Read the full press release

Covestro announces its first time participation at the Milan Design Week 2022

(PRESS RELEASE) LEVERKUSEN, 3-Jun-2022 — /EuropaWire/ — Covestro AG (ETR: 1COV), a German producer of polyurethane and polycarbonate based raw materials and one of world’s leading polymer companies, has announced its first time participation at the Milan Design Week 2022 … Read the full press release

Covestro annuncia la sua prima partecipazione alla Milano Design Week 2022

(COMUNICATO STAMPA) LEVERKUSEN, 3-Jun-2022 — /EuropaWire/ — Covestro AG (ETR: 1COV), produttore tedesco di poliuretano e policarbonato materie prime e una delle principali aziende di polimeri a livello mondiale, ha annunciato la sua prima partecipazione alla Milano Design Week 2022, … Read the full press release

Groundbreaking ceremony for Covestro’s new thermoplastic polyurethane (TPU) films production capacity at the Bomlitz site in Germany

Global demand for TPU specialty films on the rise Investment in the low double-digit million euro range Completion planned for end of 2023 (PRESS RELEASE) LEVERKUSEN, 22-Apr-2022 — /EuropaWire/ — Covestro AG (ETR: 1COV), a German producer of polyurethane and … Read the full press release

Cérémonie d’inauguration des travaux de la nouvelle capacité de production de films en polyuréthane thermoplastique (TPU) de Covestro sur le site de Bomlitz en Allemagne

La demande mondiale de films spécialisés en TPU est en hausse Investissement dans la fourchette basse à deux chiffres du million d’euros Achèvement prévu fin 2023 (COMMUNIQUÉ DE PRESSE) LEVERKUSEN, 22-Apr-2022 — /EuropaWire/ — Covestro AG (ETR : 1COV), un producteur … Read the full press release

High performance elastomers: Newly modernized technical hub in Leverkusen to enable development of new Vulkollan® based solutions as part of Covestro’s Solutions & Specialties segment

Hands-on expertise and dedicated equipment to support customers challenges (PRESS RELEASE) LEVERKUSEN, 12-Nov-2021 — /EuropaWire/ — Covestro AG (ETR: 1COV), a German producer of polyurethane and polycarbonate based raw materials and one of world’s leading polymer companies, has announced that … Read the full press release

Covestro and ALBA Group’s Interseroh partner over innovative recycling of plastic waste

The goal is a resource-efficient circular economy (PRESS RELEASE) LEVERKUSEN, 4-Oct-2021 — /EuropaWire/ — Covestro (ETR: 1COV), a German company leader in polymer materials, has announced it signed a memorandum of understanding (MoU) with Interseroh, an environmental service provider and … Read the full press release

Covestro / Hesse study: Waterborne 2K PU systems based on Bayhydur® quix 306-70 emit up to 25 percent less CO₂ emissions

Bayhydur® quix makes particularly sustainable water-based PU wood coatings possible (PRESS RELEASE) LEVERKUSEN, 27-Aug-2021 — /EuropaWire/ — Covestro (ETR: 1COV), a German company leader in polymer materials, and Hesse, a coatings manufacturer, have announced a life cycle assessment study focused on … Read the full press release

Covestro expands production capacity of specialty films at its Dormagen site in Germany

Production with the most advanced technology Competence center for multilayer flat films (PRESS RELEASE) LEVERKUSEN, 23-Apr-2021 — /EuropaWire/ — Covestro announces that it has started up additional production lines for high-quality specialty films at its Dormagen site in Germany. The … Read the full press release

Covestro’s CO₂ technology conserves fossil raw materials in sports shoe manufaturing

(PRESS RELEASE) LEVERKUSEN, 2-Mar-2021 — /EuropaWire/ — Covestro announces that it has developed an innovative technology that converts the exhaust gas CO₂ into a valuable precursor for plastics. The precursor, replacing up to 20 percent of fossil raw materials which … Read the full press release

Circular economy: Innovative AdiP technology by Covestro for MDI production

Significant savings of steam, electricity and therewith CO₂  Pilot plant inaugurated for industrial-scale application Development of new technology underlines innovation leadership (PRESS RELEASE) LEVERKUSEN, 16-Nov-2020 — /EuropaWire/ — Covestro (ETR: 1COV), a German company leader in polymer materials, has announced … Read the full press release

Covestro completes the divestiture of its European polycarbonates sheets business to Serafin Group

(PRESS RELEASE) LEVERKUSEN, Germany, 3-Jan-2020 — /EuropaWire/ — Covestro completes the divestment of its European polycarbonates sheets business to the Munich-based Serafin Group effective January 2, 2020. The transaction includes key management and sales functions throughout Europe as well as … Read the full press release

Covestro unveils new Solution Center as part of its digitalization strategy

Covestro unveils new Solution Center as part of its digitalization strategy

(PRESS RELEASE) LEVERKUSEN, 28-Jun-2019 — /EuropaWire/ — Covestro has just launched its new Solution Center for intelligently presenting its products on the web. The new Covestro Solution Center is a key part of Covestro’s digitalization strategy. It will feature over 2,000 … Read the full press release