Business & Finance

Digital trading platform for chemicals opens new ways to customers

New Covestro Direct Store is Online

Direct purchasing with customized offers for business customers / Additional digital sales channel complements existing sales model


Further growth in demand in an increasingly challenging market environment

Covestro raises dividend after strong business performance in 2018

Continued core volume growth at 1.6% / Group sales rise to EUR 14.6 billion / EBITDA declines to EUR 3.2 billion / Proposed dividend of EUR 2.40 per share / Around EUR 1.7 billion returned to stockholders through share buy-back and dividends / 2019 guidance influenced by further volume growth and lower margins


Fire, smoke and toxicity (FST)-performing honeycomb cores and panels

Covestro and EconCore join forces in composites development

Polycarbonate applications in mass transportation


Cross-sector research to turn waste gas into valuable plastics

European industry fosters CO2 reutilization

Next step in collaboration of industrial and academic partners / Evaluation of industrial-scale testing in southern France


In-depth cooperation with Technical University Berlin

Covestro supports sustainable research

Partnership for Chemistry and Industrial Engineering / Focus on exploration of alternative raw materials


Joint market study to kick-off new business opportunities

Covestro taps into China’s growing start-up scene

Comprehensive analysis of Chinese founders’ landscape / Innovative materials supplier for consumer start-ups


Buyback program completed around half a year earlier than planned

Covestro concludes share buyback of EUR 1.5 billion

Around 10% of capital stock bought back / Acquired shares will be retired and capital stock reduced by EUR 19.5 million / Board of Management aims to lay foundations for further buybacks


Further strengthening of global TPU business

Covestro becomes majority stakeholder in DIC Covestro Polymer joint venture in Japan

Covestro raises stake from 50% to 80% / Partnership with DIC Corporation continues / Acquisition as part of Covestro’s global growth strategy


Corporate Culture Award for Innovation goes to Covestro

16,000 innovators awarded

Outstanding corporate culture honored / Start-up Challenge proves innovative way of working


Antwerp site part of Covestro’s MDI investment program

Covestro to increase aniline production in Antwerp

Investment of around EUR 300 million / Superior infrastructure and logistics make Antwerp ideal location