Covestro
Covestro AG: A leading manufacturer and distributor of polymers, high-performance plastics, and industrial coatings.
Covestro AG: A leading manufacturer and distributor of polymers, high-performance plastics, and industrial coatings.
Founded on September 1, 2015, Covestro AG is a leading manufacturer and distributor of polymers and high-performance plastics, headquartered in Leverkusen, North Rhine-Westphalia, Germany. Emerging from Bayer MaterialScience, Covestro's core mission is to drive innovation and sustainability in the chemicals and materials industry. The company offers a wide range of products including coatings, adhesives, insulating materials, sealants, polycarbonates, and polyurethanes, catering to sectors like automotive, construction, health, electronics, and medical engineering.
Notable figures associated with Covestro include CEO Markus Steilemann. The company is publicly traded on the Frankfurt Stock Exchange under the ticker symbol FWB: 1COV and is a component of the DAX index. In 2022, Covestro reported revenues of €18.0 billion. Key achievements include pioneering sustainable initiatives such as bio-based aniline production and striving for complete climate neutrality. With nearly 18,000 employees, Covestro significantly impacts the global materials market through its commitment to innovation and sustainability.
Companies similar to Covestro include Lanxess, Trinseo, Avient and CSW Industrials.
Covestro was founded in 2015.
Covestro's headquarters is located in Leverkusen, North Rhine-Westphalia, DE.
Covestro's most recent funding round was for €1B (EUR) in September 2017.
As of Sep 29, 2017, Covestro has disclosed funding of €1B (EUR). Undisclosed round amounts are excluded.
Covestro has 17,985 employees as of Feb 6, 2024.
cswindustrials.com
