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News releases
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Circular Economy
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 teams up with Alibaba Cloud to advance sustainable plastics traceability
Joint solutions to enhance supply chain transparency of sustainable plasticsCarbon accounting and tracing platform empowered by digital technologyProven use case in the consumer goods sector
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