Keyword: Markus Steilemann


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...


Patrick Thomas Confirmed as Covestro CEO

14.08.2015 - Patrick Thomas and Frank H. Lutz have been confirmed as CEO and CFO respectively of the Bayer engineering plastics spin-off Covestro – the new name for Bayer MaterialScience (BMS)...


Bayer MaterialScience Buys Composites Specialist

03.03.2015 - Bayer MaterialScience (BMS) has concluded the takeover of Thermoplast Composite GmbH (TCG) in Langenfeld, near Nuremberg, which specializes in production of lightweight continuous...