Covestro and XRG receive final outstanding regulatory approval for strategic partnership

German Foreign Investment Control approval receivedAll closing conditions fulfilled: transaction expected to close in the coming daysPartnership marks a new chapter of close cooperation with focus on disciplined,long-term value-creationCovestro about…

Results in line with expectations – cost-cutting measures proving effective

Group revenue falls to EUR 3.2 billion (–12%)  EBITDA at EUR 242 million at the upper end of the forecast  Consolidated net income at EUR –47 million  Free operating cash flow at EUR 111 million  EBITDA forecast for 2025 narrowed  Sustainable growth…

Covestro expands specialty isocyanate footprint with two former Vencorex sites in the US and Thailand

Strengthening of Solutions & Specialties segment  Step in long-term growth strategy  Further improving aliphatics production portfolio by acquiring sites for production of isocyanate derivatives in Freeport, USA and Rayong, Thailand 

Volatile market environment weighs on second quarter

Group sales of EUR 3.4 billion (–8.4%) due to price decline  EBITDA at EUR 270 million (–15.6%) in line with forecast  Consolidated net income at EUR –59 million  Free operating cash flow at EUR –228 million  Full-year forecast adjusted: EBITDA betw…

Covestro AG: Reduced outlook for 2025

Covestro acquires Pontacol: expansion in specialty films

Significant step in long-term growth strategy  Expansion of product and technology portfolio with innovative film solutions  Stronger market presence in Europe through additional production capacities  Attractive value creation potential through syn…

Covestro makes a moderate start to 2025

 Group sales of around EUR 3.5 billion  EBITDA at the upper end of the forecast at EUR 137 million  Net income at EUR –160 million  FOCF of EUR –253 million  Full-year guidance narrowed within given ranges

LyondellBasell and Covestro Announce Permanent Closure of PO11 Unit at Maasvlakte, Netherlands

Joint Venture site produced Propylene Oxide and Monomers (POSM)  LYB must ensure assets in portfolio are a long-term strategic fit  Covestro works to optimally position the company as part of “Sustainable Future” strategy  Continuing commitment to E…

Covestro increases volumes sold and forges ahead with its transformation

Group sales of EUR 14.2 billion (–1.4%)  EBITDA of EUR 1.1 billion (–0.8%)  Free operating cash flow of EUR 89 million (–61.6%)  High acceptance ratio for ADNOC’s takeover offer  Savings of EUR 400 million per annum by 2028  Outlook for 2025: EBITDA…

Covestro Expands Production in Ohio

Investment in the low triple-digit million Euro range  Significant capacity increase with multiple new production lines  Customized polycarbonate material solutions for the American market 

ADNOC takeover offer for Covestro successful

ADNOC International, now XRG, achieves total of 91.3 percent after additional acceptance period  Covestro supposed to become foundational platform of XRG’s Performance Materials and Specialty Chemicals business  Closing of transaction is subject to…

Monique Buch appointed as new Chief Commercial Officer of Covestro