COVESTRO

EUR 300 mn net income loss surprises markets / Impairments cut earnings / High energy, material costs hit results

CHEMICAL INDUSTRY GERMANY

Gas shortage takes its toll / Producers caught between rising prices, sinking profits / Firms look longingly to US

COVESTRO

Plans for “green” logistics pilot scheme in China / Move targets reductions in Scope 3 emissions

COVESTRO

Plans for major new MDI plant put on ice again / No new start-up date / “Increasingly volatile” economic environment

K 2022

“If Putin destroys our economy, he will topple our democracy”: Germany's Economics Minister Habeck and Covestro boss Steilemann at “high-level reception” of Kunststoffland NRW

K 2022

Plastic industry network to stage high-calibre panel discussion on eve of trade fair

COVESTRO

CEO Steilemann says Europe is heading for a long, deep recession / “Every watt counts”

COVESTRO

Markus Steilemann confirmed as CEO until May 2028

PLASTICS EUROPE

Plastics producers tap Dow VP ten Bruggencate to lead industry group / Sector faces range of pressing issues

COVESTRO

Strong demand, higher prices spur record sales / CEO Steilemann: Mechanical methods “better” than chemical recycling

EUPC

A Circular Future with Plastics annual conference to be held in May

COVESTRO

Partnership with Genomatica / Pilot facility for plant-based HMD / Biotech competence centre at HQ site

ENERGY MARKETS

Budding hydrogen market to change patterns in global energy trade / Technology key as polymer industry moves towards net-zero emissions / Covestro secures access to green H2 from Australia

COVESTRO

CEO Markus Steilemann expects strong surge in demand for MDI / Processors also expect up to 10% growth

COVESTRO

Closing the material cycle for rigid PU foam / Engineering plastics producer to lead EU research project / Chemical recycling to play key role

COVESTRO

Cooperation with Interseroh for recycling engineering plastics / Partners to examine chemical processes

COVESTRO

Billions in investment for growth / EUR 1 bn for circular tech / Revived plans for world-scale MDI plant / More capacity at multiple sites

COVESTRO

Massive job cut plans confirmed / News comes as earnings outlook improves

PLASTICS RECYCLING EUROPE

Resin makers to invest billions in chemical recycling

COVESTRO

Group CEO advocates chemical recycling / Plastics are “the most sustainable materials in existence”

COVESTRO

Tight market and high sales prices spur sharp rises in Q1 turnover, profit / Plastics group restructuring set for July

COVESTRO

Piloting of PU foam recycling process / Development of intelligent sorting system / Part of European “PUReSmart” project

COVESTRO

Demand recovers in second half of 2020 / Overall sales decline nearly 14% / 2021 earnings seen sharply higher / Polycarbonates show lone rise in profit

COVESTRO

Demand rebound boosts Q3 results / Quarterly profit picks up again

COVESTRO

Plastics group records significant losses / PU business particularly hard hit by coronavirus effects