Keyword: Covestro

News

Bayer Mum on Covestro Drawdown Plan

26.02.2016 - Bayer has refused to be drawn on when it plans to reduce the 69% stake it holds in Covestro, the former Bayer MaterialScience, following the flotation of 31% on the stock market in...

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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...

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Former Bayer Manager Hired by ChemChina

20.01.2016 - As Asia’s burgeoning chemical giant ChemChina sharpens its focus on European takeover targets – it recently bought plastics machinery manufacturer Krauss Maffei and made a bid for...

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BioAmber and Reverdia Sign Non-Assert Pact

15.01.2016 - Netherlands-based biomaterials producer Reverdia has signed a non-assert agreement with BioAmber of the US with regard to intellectual property rights for bio-succinic acid. The...

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KPMG Expects 2016 to become Another Record Year for M&A in the Pharmaceutical Industry

12.01.2016 - Globally, mergers and acquisitions at a value of USD 372 billion were recorded in the chemical and pharmaceutical sector in 2015. This amounts to an increase of 74% compared with...

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Covestro to Close Tarragona MDI Plant

07.12.2015 - Just weeks after its spin-off from Bayer, German engineering plastics producer Covestro has announced its first streamlining measure, saying it plans to close its 170,000 t/y MDI...

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BASF Inaugurates TDI Plant at Ludwigshafen

18.11.2015 - BASF inaugurated its new €1 billion TDI complex at Ludwigshafen on Nov. 16 at a ceremony attended by Germany’s vice chancellor, Sigmar Gabriel, and the prime minister of the state...

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BioAmber Sarnia Ships First Succinic Acid

22.10.2015 - BioAmber Sarnia, bio-succinic acid production joint venture of the Minnesota, USA-based company with Mitsui & Co of Japan, has begun operating its manufacturing plant in Sarnia...