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Latest Covestro News & Updates

See the latest news and media coverage for Covestro. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Covestro

Manufacturer of high-tech polymer materials

covestro.com
Headquarters
Leverkusen, Germany
Company type
Public company
Number of employees
10,000+
Industry
Commodity Chemicals

Last updated

Latest news about Covestro

In short: Covestro faced EU scrutiny of ADNOC’s €62-per-share takeover proposal and planned a major Antwerp production overhaul.

Company announcements

Covestro

Covestro reports Q2 2023 EBITDA of €385m

Sales fall 20.9% year on year to €3.72bn, EBITDA beats the guidance midpoint, full-year guidance is confirmed at the lower half, and positive FOCF is expected.

Covestro

Covestro raises 2021 earnings outlook on strong Q3

It posts record quarterly sales of €4.3bn and a 20% EBITDA margin, guiding full-year EBITDA to €3.0–3.2bn and FOCF to €1.4–1.7bn.

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Media coverage

Plasticker

Covestro: Strategic investment program to expand global MDI capacity

Covestro has announced a strategic investment program for MDI (methylene diphenyl diisocyanate). The company plans to build a new world-scale MDI plant at its integrated...

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