Tag Archives: Covestro

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

EconCore and Covestro partner over stronger, lightweight and FST performing honeycomb cores and panels

(PRESS RELEASE) LEVERKUSEN, 30-Jan-2019 — /EuropaWire/ — Partnership between EconCore N.V. and Covestro has been announced with the aim at producing stronger, lightweight and Fire, Smoke, Toxicity (FST) requirements compliant honeycomb panels and cores targeting public transportation applications, including railway and aerospace. So far both companies … Read the full press release

Covestro and Haier Group to establish new laboratory for the digitalization of appliance production in Qingdao, China

(PRESS RELEASE) LEVERKUSEN, 22-Jan-2019 — /EuropaWire/ — Covestro, one of the world’s leading polymer manufacturers, and the Haier Group, a major global brand for household appliances, have agreed to set up a joint laboratory in Qingdao, China, for the digitalization of appliance … Read the full press release

Covestro to present an integrated passport concept for multiple security needs at the TRUSTECH trade fair

LEVERKUSEN, 26-Nov-2018 — /EuropaWire/ — From November 27- 29, 2018, the card and ID card industry will meet again in Cannes in southern France to present their latest developments at the TRUSTECH trade fair. Covestro has more than 30 years of … Read the full press release

Covestro to invest EUR 300 million in a new aniline production at its Antwerp site

Antwerp site part of Covestro’s MDI investment program Investment of around EUR 300 million / Superior infrastructure and logistics make Antwerp ideal location LEVERKUSEN, 02-Nov-2018 — /EuropaWire/ — As part of its global MDI investment program, Covestro plans to invest around … Read the full press release

Covestro to invest EUR 1.5 billion for global MDI capacity expansion

Highly attractive MDI market with long-term growth prospects / New 500 kilotons MDI plant to satisfy demand and accompany industry growth / NAFTA MDI capacity to reach 740 kilotons per year by end of 2024 / Extending Covestro´s regional and … Read the full press release

Covestro recognized as a LEAD company of the United Nations Global Compact

UN honors high engagement of material producer Commitment to ten principles for responsible businesses LEVERKUSEN, 27-Sep-2018 — /EuropaWire/ — Covestro has been recognized as a LEAD company of the United Nations Global Compact, a global movement of responsible and sustainable corporate … Read the full press release

LyondellBasell and Covestro to convert its water-based waste into energy with Circular Steam Project at Maasvlakte-Rotterdam site

Joint press release of LyondellBasell and Covestro Innovative new technology realizes annual reduction of up to 140,000 metric tons CO2 emissions LEVERKUSEN, 05-Sep-2018 — /EuropaWire/ — LyondellBasell (NYSE: LYB) one of the world’s largest plastics, chemical and refining companies and its … Read the full press release

Covestro will present innovative and sustainable plastics solutions at the Fakuma 2018, October 16–20 in Friedrichshafen

Covestro at the Fakuma 2018 trade show, October 16–20 in Friedrichshafen LEVERKUSEN, 20-Aug-2018 — /EuropaWire/ — At the Fakuma 2018 trade show for plastics processing from 16 to 20 October in Friedrichshafen, Covestro will be presenting a whole spectrum of innovative … Read the full press release

Covestro’s Polycarbonates (PCS) sheets business in Sheffield (US) sold to Plaskolite

US Polycarbonates sheets business sold to Plaskolite LEVERKUSEN, 10-Aug-2018 — /EuropaWire/ — Germany-based materials manufacturer Covestro yesterday successfully closed the sale of Covestro’s Polycarbonates (PCS) sheets business in Sheffield (US) to Plaskolite. Acrylics sheets manufacturer Plaskolite will continue operations at the … Read the full press release

Covestro introduces Maezio™ – the new brand for strong, light and aesthetic composite materials

Maezio™ ˗ the new brand for strong, light and aesthetic composite materials LEVERKUSEN, 10-Aug-2018 — /EuropaWire/ — Covestro is pushing ahead with developing and marketing its continuous fiber-reinforced thermoplastic composites (CFRTP) by introducing Maezio™ as brand name. These innovative materials are … Read the full press release

Covestro supports Tongji University Shanghai / TU Darmstadt team and Indian Institute of Technology’s team Shunya in the Solar Decathlon China competition

Promotion of two student teams at the Solar Decathlon China competition Innovative material solutions for energy-efficient solar houses LEVERKUSEN, 10-Aug-2018 — /EuropaWire/ — Ongoing urbanization brings with it many challenges, especially in megacities as they are currently developing in countries such … Read the full press release

Haier to use Covestro’s novel continuous fiber-reinforced thermoplastic (CFRTP) composites for a state-of-the-art air conditioner

LEVERKUSEN, 13-Mar-2018 — /EuropaWire/ — Haier, a world-leading brand of major household appliances, has launched a state-of-the-art air conditioner under its Casarte brand, utilizing Covestro’s novel continuous fiber-reinforced thermoplastic (CFRTP) composites. These composites are used to house the air conditioning units, … Read the full press release

Covestro to present new concepts based on polycarbonate at VDI Congress “Plastics in Automotive Engineering” on March 14 and 15 in Mannheim

Covestro at the VDI Congress “Plastics in Automotive Engineering” in Mannheim Functional material solutions based on polycarbonate LEVERKUSEN, 12-Feb-2018 — /EuropaWire/ — Driven by new technologies, mobility is changing worldwide. Trends such as autonomous driving, connectivity and electrification require completely new … Read the full press release

Covestro expects EUR 85 million extraordinary income in FY 2017 due to U.S. tax reform

LEVERKUSEN, 16-Jan-2018 — /EuropaWire/ — Positive one-time effect of ca. EUR 85 million on net income expected in 2017 / Additional positive impact on coming years Covestro expects a positive one-time effect from the recently enacted U.S. tax reform on … Read the full press release

Deutsche Börse: Siemens, Covestro, Rocket Internet and Wirecard the most traded securities in the German benchmark indices DAX, MDAX, SDAX and TecDAX in 2017

FRANKFURT, 03-Jan-2018 — /EuropaWire/ — Deutsche Börse’s cash markets record second highest trading volumes since 2012 / Four Deutsche Börse Venture Network start-ups have been listed on the stock exchange so far The shares of Siemens, Covestro, Rocket Internet and Wirecard … Read the full press release