Covestro | chemanager-online.com - Chemistry and Life Science

Dec. 07, 2018
News & Opinions
Covestro Completes Share Buyback
A year earlier than planned, German engineering plastics producer Covestro has completed a buyback of company shares worth €1.5 billion, or 10% of its capital stock. The Leverkusen-based former Bayer subsidiary said that the 19.5 ...
Dec. 05, 2018
News & Opinions
Covestro Widens Japanese TPU Stake
Covestro has widened its stake in its thermoplastic polyurethanes (TPU) joint venture with Japanese PPS compounder and pigment manufacturer DIC (formerly Dainippon Ink & Chemicals), increasing its holding to 80% from 50%.
Nov. 30, 2018
Topics
Start-ups Accelerate Innovation
Virtually all areas of our lives would be inconceivable without products that come directly or indirectly in contact with chemical production: It affects the modern office environment, our private lives and thus our well-being and life ...
Oct. 10, 2018
News & Opinions
Covestro Invests €1.5 Billion in US MDI Plant
Covestro has announced its intention to spend €1.5 billion on a new world-scale MDI plant in Baytown, USA. The project represents the largest single investment in its history, the German group said.
Aug. 02, 2018
News & Opinions
Moody’s Upgrades Covestro’s Rating
Due to the engineering plastics producer’s sustained good earnings situation and the significantly improved balance sheet structure, international ratings agency Moody's has reassessed the credit rating for Covestro, raising ...
Jul. 19, 2018
News & Opinions
Covestro Expands Global Film Capacity
Covestro has announced plans to invest more than €100 million to expand its global films production in order to meet rising demand. ...
May. 04, 2018
News & Opinions
Bayer Cuts Last Ties With Covestro
As it moves closer to closing its more than $60 billion takeover of US rival Monsanto, the Bayer group has initiated the full separation from Covestro, selling a 14.2% stake in its former engineering plastics subsidiary through an ...
Apr. 25, 2018
News & Opinions
Covestro Joins Chinese Alibaba Platform
German engineering plastics producer Covestro has opened what it calls a “flagship store” under the link covestrochina.1688.com on the online platform of Chinese internet giant Alibaba. ...
Apr. 19, 2018
News & Opinions
Air Liquide and Covestro in Hydrogen Pact
Air Liquide has signed a long-term contract to supply hydrogen to Covestro’s production site in the port area of Antwerp, Belgium. The French industrial gases group will invest €80 million to build a new generation steam methane ...
Mar. 27, 2018
News & Opinions
Covestro Sells US PC Sheet to Plaskolite
As part of an overall plan to divest its global polycarbonate sheet business, German engineering plastics producer Covestro has announced it will sell the US business, based in Sheffield, Massachussetts, to Plaskolite, North ...

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