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My First Visit to the World of Tomorrow: Covestro's Pilot Plant for biobased Aniline

Marlene Hirzel, Social Media Manager at Covestro, takes a look into the chemistry of the future: In Leverkusen, the company has put into operation the world's first pilot plant where the important raw material aniline is being produced from biomass.…

Faster, Higher, Further for the Climate

Sports events like the Olympic Games not only inspire billions of people, but are also increasingly focusing on sustainability and can become a model for jointly shaping a green future.

Back to fruitful arguing

Black and white thinking and isolation instead of constructive exchange – we are in danger of losing the culture of dialogue. This can also have fatal consequences for the economy and prosperity. A plea for fair debate.

Shaping the Future of the Plastics Industry Together

We need a strong industry – and we need a strong Europe. The EU elections are a critical moment that sets the course for Europe's future and allows citizens to decide how the EU should face upcoming challenges. It is an opportunity to shape a sustain…

Concrete Points for the Transition to a Circular Economy: Shaping the Future Has Already Begun

In recent years, industrial decarbonization, or defossilization, as we should better say in the plastics industry, has gained significant importance. The topic is on everyone's radar. The solutions being sought are numerous: some promising, others ra…

Europe and its USP

The EU is largely a successful project, also in terms of the economy. But the community urgently needs to evolve: face the new realities from outside, increase its competitiveness and focus on its core competencies.

It’s a #Plastic Life: How innovative solutions set up industries and homes more sustainably

About 400 million tons of plastic are produced every year around the world for goods that are indispensable to daily life, healthcare, mobility, and technology. The downside: growing landfills and #microplastics polluting the oceans. As much as we ne…

Earth Day lesson: efficient use of plastics and more recycling

Earth Day reminds us of what's going wrong with plastics: We urgently need an effective circular economy to get the global waste issue under control, with designing products for this end from the outset. What we don’t need is less plastic.

How Designing for Circularity Can Help Eliminate Plastic Waste

The topic of plastic is divisive. Some see plastic as one of the quintessential enablers of modern society and a key material that will help usher in a more sustainable future. Others see it as a relic of an era too focused on profit over planet. Reg…

Getting It Done Together – Steps on our path to climate neutrality

Covestro announced reduction targets for Scope 3 emissions on February 29, 2024. These make up around 80 percent of Covestro’s total emissions. The involvement of global suppliers plays a key role in achieving this. This is because these upstream and…

#InspireInclusion IWD 2024

Is the International Women’s Day (IWD) just another 24 hours of fame for a topic that is marginalized for the rest of the year? Reality is more complex – but the IWD is a great opportunity to ask ourselves if we persist on building a workplace that n…

Joining forces for the sustainable transformation

Materials are an important factor when it comes to driving circularity as well as lowering the carbon footprint of products and entire sectors. Steel, glass and concrete are the usual suspects that quickly come to mind when thinking of emission-inten…

Lighthouse in uncertain times

Uncertain, confusing, incalculable – the world is in a crisis of trust. Companies must now make greater use of their trust capital. Their mission: inform, explain, show solutions and bring about change.

The underestimated twin

When people think of climate protection, they mostly think of green energy. But energy must also be used much more effectively, particularly in buildings, say Covestro CEO Markus Steilemann and Christian Noll from the German Corporate Energy Efficien…

Energetic duo

Wind power and chemicals: one industry cannot do without the other. Together, the two are accelerating the energy transition. A double interview with Covestro CEO Markus Steilemann and Peter Obling, SVP Head of Central Europe Ørsted.

The truth in the age of technical manipulability

Artificial intelligence: It brings fascinating new possibilities into the everyday life and business world. But it also opens the door to disinformation and manipulation. Companies could counter this.

From the boss's chair to the auditorium

For many, this is a professional dream: to sit in the executive chair of a large company. For Yolanda Raffay, this dream came true in 2019 when, as part of the "My Position is Top" campaign, she was given the opportunity to take over the management o…

The waste, the city and the summit

The climate summit in Dubai is primarily about expanding green energy. However, in the fight against global warming, the world's cities should become centers of the circular economy by satisfying their hunger for resources by, among other things, tur…

Joining forces to make a real impact

The chemical industry still relies heavily on fossil resources, which contributes to climate change. The new CEO-led Global Impact Coalition is set to pave the way to net-zero emissions by 2050.

Design for the circular future of living

Thomas Schnur is a product and interior designer and teaches at the ecosign design academy in Cologne. He is always on the lookout for materials with which he can take furniture and everyday objects a step further. In this blog, he talks about what d…

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Covestro receives ISCC PLUS certification for its South Deerfield, MA, USA site

Expands focus on mass balanced products using recycled and bio-attributed raw materialsSupport medical packaging and healthcare device manufacturers’ sustainability goals

Increased profits in challenging market environment

Group sales remain stable at EUR 3.6 billion (+1.0%) EBITDA increases to EUR 287 million (+3.6%)Net income reaches EUR 33 million Free Operating Cash Flow is at EUR 112 million (–63.6%) Investment Agreement with ADNOC signed Guidance for 2024 fiscal…

Covestro invests 100 million Euros in R&D to boost global innovation centers

Upgraded infrastructure for future technologies to realize sustainable solutions in all regionsDigital R&D simulations to research recycling innovationsInvestments drive applications in core industries automotive and construction

Covestro at the FAKUMA 2024

Materializing the circular economyCircular products and concepts on display at booth B4-4208Products with various forms of recycled contents on display

Covestro signs an Investment Agreement with ADNOC and supports ADNOC’s public takeover offer to all Covestro shareholders

ADNOC International Germany Holding AG makes a takeover offer at €62.00 per Covestro share The Investment Agreement defines key aspects of the strategic partnership, including clear commitments by ADNOC International to fully support the ‘Sustainable…

12 million euros for cutting-edge research: Covestro to fund CAT Catalytic Centre until 2031

Catalysis research centre as a joint project with RWTH Aachen UniversityScientists develop alternative raw material sources, improving the recyclability of plasticsPartners have been promoting sustainable chemistry since 2007

Covestro to build new TPU application development center in Guangzhou, China

New application development center will enhance customer proximity, foster cross-functional synergies, and streamline talent and resource managementCompany rapidly expands its footprint for TPU in the Asia-Pacific region: new APAC application develop…

Covestro to collaborate with Li Auto on advanced, sustainable material solutions for Next-Gen vehicles

Joint innovation platform with leading Chinese EV maker intendedFocus on circularity and future-oriented applications with engineering plasticsLaunch of new polycarbonate solutions for smart lighting

Covestro LLC and Carlisle Construction Materials Lead the Way in Sustainable Construction Using Bio-Circular Attributed Materials

Covestro to supply MDI with bio-circular attributed raw materialsCarlisle Construction Materials will produce polyurethane building insulation from the MDIMaterial based on ISCC PLUS certified sustainable raw materials has a CO2 reduction potential o…

Rebounding volumes in a challenging environment

Group sales stable at EUR 3.7 billion (–0.8%)EBITDA within expectations at EUR 320 million (–16.9%)Group result at EUR –72 millionFree operating cash flow at EUR –147 millionGuidance for 2024 fiscal year: EBITDA between EUR 1 billion and EUR 1.4 bill…

Materials enabling design for circularity

Design of products plays an important role for a circular economyChemical industry at the right spot in value chain to bring knowledge about materials into design discussionsCovestro offers knowledge on various aspects of circular design

Covestro and bp sign long-term supply agreement for solar power in Spain

10-year agreement to supply Covestro with renewable energy from a solar power plant in Spain Contract boosts Covestro’s renewable electricity use in Spain to 30 percent, significantly increasing renewables supply for Tarragona site The agreement supp…

Covestro to deploy innovative heat battery from Rondo Energy

Heat Battery generates heat and steam for industrial productionBill Gates Foundation “Breakthrough Energy Catalyst” and European Investment Bank sponsor the projectThe battery will generate ten percent of the steam needed at the Covestro site in Brun…

Ensuring competitiveness in a challenging environment

Transformation program STRONG launched By 2028: EUR 400 million annual savings globally, EUR 190 million of which will be in Germany Increased efficiency through digitalization and Artificial Intelligence

Covestro AG enters into concrete negotiations with Adnoc regarding a potential transaction

Polycarbonate-based Roof Sensor Module for Automated Driving

From old tires to new car parts: Covestro, Neste and Borealis aim at closing loop for automotive industry

Partners signed agreementDiscarded tires liquified via chemical recycling, then processed into base chemicals and further into polycarbonates of high purityRecycled share attributed via the mass balance approachFirst products available already

Covestro becomes a shareholder in company BioBTX

Demonstration plant planned for new chemical recycling methodBioBTX recovers raw materials by recycling plastic wasteCovestro invests mid-single-digit million Euro amount

Consortium develops evolutionary concept for recycling of end-of-life polyurethane mattress foams

Foam Recycling Ecosystem Evolution (FREE) project kicked offCovestro coordinates the research & development activitiesCombination of chemical and mechanical processesEfficient sorting of used foams at dismantlers is crucial

Covestro and Arcesso's Arfinio® Technology is “Winner” in "German Innovation Award 2024"

The Innovation Award honors products, projects, and pioneering achievements that sustainably improve lifeArfinio® earns “Winner”-prize in the category "Excellence in B2B: Materials and Surfaces"This technological breakthrough enables the rapid produc…

More circular integration with chemistry

Focus on recycling technologies and cooperation with waste managementCovestro authorized as waste traderChemical recycling as an integral part of the circular economy

Covestro gets off to a solid start in fiscal year 2024

Group sales of EUR 3.5 billion (–6.2%)EBITDA of EUR 273 million (–4.5%) Net income of EUR –35 million (previous year: EUR –26 million) FOCF of EUR –129 million (previous year: EUR –139 million)Guidance for full-year 2024 confirmed Q2 2024: EBITDA bet…

Design Innovation in Plastics 2024 finalists announced

Exceptional quality of entries on the theme of Living Off-Grid – Independently Powered ProductsFinalists to present in London on May 24 before a panel of industry judges

Covestro collaborates with automotive partners on car-to-car plastic recycling

New joint program aiming for efficient, sustainable automotive plastic recycling

Covestro introduces polycarbonates from recycled, attributed materials for high purity applications

First product from Covestro related to chemically recycled post-consumer waste to answer ELV and EPEAT expectationsJoint development with Neste and BorealisDrop-in solution with identical properties, production and product specifications as fossil-ba…