Covestro raised its EBITDA forecast for fiscal year 2026
Higher prices drove EBITDA above expectations; sales reached EUR 6.7 billion in H1.
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Manufacturer of high-tech polymer materials
covestro.comLast updated
In short: Covestro transitioned to new ownership under ADNOC subsidiary XRG, appointed a new CFO, and expanded its sustainable material portfolio.
Higher prices drove EBITDA above expectations; sales reached EUR 6.7 billion in H1.
He warns that overly strict ETS rules could drive industry out of Europe, harming competitiveness.
The two sites in Thailand and Texas strengthen Covestro's production network for HDI derivatives.
The projects aim to meet growing demand with net-zero emissions, supported by XRG partnership.
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