Business & Finance
UN honors high engagement of material producer
Covestro announced as Global Compact LEAD
Commitment to ten principles for responsible businesses
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Awards for innovative business ideas on new materials
Covestro promotes entrepreneurship in chemistry
Partner of University Innovation Challenge and Chem Start-up Award / Focus on open innovation with universities and start-ups
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Joint press release of LyondellBasell and Covestro
LyondellBasell and Covestro kick off investment project in Maasvlakte-Rotterdam
Innovative new technology realizes annual reduction of up to 140,000 metric tons CO2 emissions
moreGreater focus on sustainable product solutions and technologies:
MSCI upgrades sustainability rating of Covestro
moreUS Polycarbonates sheets business sold to Plaskolite
Covestro completes sale of US sheets business to Plaskolite
moreMoody's raises credit rating to Baa1 with stable outlook
Moody's upgrades Covestro
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Plans to increase investment for further growth
Covestro raises guidance after a strong second quarter
Group sales improved by 10.4% to EUR 3.9 billion / Core volumes up 4.4% / EBITDA grew by 16.2% to EUR 985 million / Net income rose by 24.8% to EUR 604 million / Free operating cash flow increased by 14.1% to EUR 364 million / Guidance for EBITDA, FOCF and ROCE raised
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Capacity expansion at four locations
Covestro strengthens its global film production
Total investment of more than 100 million euros / Over 100 new jobs planned / Innovative applications in various industries / In focus: multilayer flat films
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Group sales and EBITDA up significantly in the first quarter
Covestro well on track
Group sales grew by 5.4% to EUR 3.8 billion / Core volumes stable at a high level / EBITDA up around a quarter to nearly EUR 1.1 billion / Net income rose by 37.6% to EUR 644 million / Free operating cash flow increased by 72.5% / On track for fiscal 2018: guidance confirmed
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