Covestro

Covestro continues on its trajectory for increased growth. Demand has continued to rebound in the first quarter of 2021 and has led to a significant upturn in business performance. As a result, core volume growth was up 5.3% compared to last year’s first quarter. This is attributable mainly to a strong rebound in demand in the...

On April 1, 2021, Covestro completed the acquisition of the RFM (Resins & Functional Materials) business from the Dutch company DSM. The transaction received regulatory approval after Covestro and DSM signed an acquisition agreement in late September 2020. The transaction substantially expands Covestro’s portfolio of sustainable coating...

Covestro saw a strong end to an exceptional year in 2020 and benefited, especially in the second half, from its consistent crisis prevention measures and a recovery in demand. Despite the very successful fourth quarter, the Group could not fully compensate the massive, pandemic-related cut-backs that arose in the first six months...

In the third quarter of 2020, Covestro increased core volumes by 3.0% year-on-year as the result of a significant improvement in demand. This development was largely driven by volume growth in the Asia-Pacific region, particularly in China. At the same time, Group sales were down by 12.7% to around 2.8 billion euros due to lower selling prices. As…

Covestro has developed an innovative automotive headlight concept for the vehicle lighting of tomorrow. The visionary approach is based on different types of the polycarbonate Makrolon and addresses the high demands in terms of functionality and aesthetics. Compared with conventional solutions, the new modular design makes do with...