Covestro
News Markets & Companies
Covestro enhances Shanghai Technical Competence Centre
Covestro has expanded its Specialty Films Technical Competence Centre in Shanghai, improving prototyping and simulation capabilities for advanced applications such as smart automotive surfaces and humanoid...
News Markets & Companies
Covestro concludes fiscal year 2025 within narrowed guidance range
Despite declining revenues and a net loss, Covestro has achieved its revised targets for 2025. Strategic initiatives such as partnerships, acquisitions, and efficiency programmes highlight the company’s...
News People & Careers
Covestro: Dr Markus Steilemann will not extend his contract
The term of office of Covestro's CEO runs until 31 May 2028.
News Markets & Companies
Covestro opens new TPU production facility in South China
Covestro has inaugurated its latest production site for thermoplastic polyurethanes (TPU) in Zhuhai, South China. With a mid-double-digit million-euro investment, the company aims to meet rising regional...
News Markets & Companies News
European Coatings Podcast: Analysis of the deal between Covestro and Adnoc
A major shift in the global chemical industry is underway. In the latest episode of the European Coatings Podcast, editor Yeray López speaks with industry expert Alex Comanita about the planned acquisition...
News Markets & Companies
Adnoc’s acquisition of Covestro receives green light from Berlin (Germany)
The German government has completed its review of the planned acquisition of Covestro by the Abu Dhabi state-owned company Adnoc. Final approval now rests with the two companies.
News Markets & Companies
Covestro revises full-year forecast after weak second quarter
Persistent price pressure, new trade tariffs and overcapacity weighed on Covestro’s performance in Q2 2025. The company has lowered its full-year EBITDA and cash flow outlook but continues to pursue...
News Markets & Companies
Covestro expands isocyanate portfolio with acquisition of former Vencorex sites
Covestro has acquired two production sites for HDI derivatives in the USA and Thailand, strengthening its global network for aliphatic isocyanates and advancing its growth strategy in the Solutions &...
News Markets & Companies
Covestro expands Coatings and Adhesives lab in Shanghai
Covestro has expanded its Coatings and Adhesives lab at the Asia-Pacific Innovation Center in Shanghai by 20 %, strengthening its capacity to deliver faster, tailored solutions with advanced digital...
News Markets & Companies Production & Lab
Covestro launches automated laboratory to accelerate the development of coating and adhesive formulations
Covestro plans to launch a fully automated laboratory for the development of coating and adhesive formulations in 2025. The new facility will run around the clock and enable tens of thousands of tests...
News Markets & Companies
Covestro appoints new head of European production sites
Dr. Yun Chen has assumed the role of Head of Covestro’s European production sites as of February 1, 2025, succeeding Dr. Daniel Koch.
News Markets & Companies
Covestro & Adnoc: Major take-over on the horizon
German speciality chemicals company Covestro has signed an investment agreement with entities of Adnoc, including Adnoc International and its subsidiary, Adnoc International Germany Holding.
News Markets & Companies
Covestro is investing EUR 100 million in innovation centres worldwide
As part of a modernisation drive, Covestro is seeking to strengthen the infrastructure for developing sustainable future technologies in all regions. The focus is on digitalisation and pioneering technologies...
News Markets & Companies
Covestro signs an Investment Agreement with Adnoc
Covestro today signed an Investment Agreement with certain entities of the Adnoc, including ADNOC International and its subsidiary, Adnoc International Germany Holding AG (“Bidder”). The agreement...