Keyword: Markus Steilemann


German Chemicals Stagger under Energy Burden

19.12.2022 -

The global chemical industry has seen its share of challenges, but the sector has traditionally mustered its considerable resources to manage them with a minimum of...


Covestro Puts MDI Expansion on Hold Again

09.11.2022 -

Covestro is again putting on hold its previously announced plans to build a new 500,000 t/y plant for polyurethane precursor MDI.


Covestro Chief Sees Recession Looming

08.08.2022 -

A recession is headed for Europe that will be deeper and last longer than the financial crisis of 2008, Markus Steilemann, CEO of engineering plastics producer Covestro...

Chemistry & Life Sciences

Start-ups Accelerate Innovation

29.11.2018 -

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...


Toepfer Named new CFO of Covestro

29.11.2017 - Thomas Toepfer has been appointed new chief financial officer of German engineering plastics producer Covestro. On Apr. 1, 2018, the 45-year-old will take over from Patrick Thomas...


Covestro CEO to add Finance to Duties as CFO Quits

06.06.2017 - German engineering plastics producers Covestro has announced that its chief executive officer, Patrick Thomas, will assume the position of acting chief financial officer until a...


Covestro Invests €20 Million in PC Film Expansion

27.01.2016 - Covestro, the former Bayer MaterialScience, is investing around €20 million in one of its downstream operations, expanding capacity for polycarbonate film at Dormagen, Germany. The...


Bayer MaterialScience now Covestro

02.09.2015 - On Sept. 1, Bayer MaterialScience (BMS) began trading as Covestro. For the present, the new standalone company will remain wholly owned by Bayer, but the parent company’s plans...