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...
09.10.2015
- Investor concerns about weakening business in China are overblown, Lanxess CEO Matthias Zachert said in an interview with the news agency Reuters. His assertions echoed recent...
21.09.2015
- Covestro has announced details of its proposed initial public offering on the Frankfurt stock exchange, now planned for October 2. The company will offer between 70.4 million and...
07.09.2015
- After carving out its engineering plastics sub-group Bayer MaterialScience as Covestro on Sept. 1, Bayer is wasting no time pushing the fledgling company to stand on its own feet...
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...
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)...
08.06.2015
- From Sept. 1, the company formerly known as Bayer MaterialScience (BMS) will trade under the name Covestro. The new name will precede an initial public offering planned for the...
10.12.2014
- Bayer MaterialScience (BMS) has inaugurated its new 300,000 t/y TDI plant at Dormagen, Germany, built at a cost of €250 million. The world-scale facility replaces a smaller...
