Covestro
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Covestro

https://www.covestro.com/
Last activity: 07.10.2024
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Categories: AutomationChemicalConstructionCosmeticElectronicsHealthTechLeisureSportsSupplyTime
With 2020 sales of EUR 10.7 billion, Covestro is among the world’s leading polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative, sustainable solutions for products used in many areas of daily life. In doing so, Covestro is fully committed to the circular economy. The main industries served are the automotive and transportation industries, construction, furniture and wood processing, as well as electrical, electronics, and household appliances industries. Other sectors include sports and leisure, cosmetics, health and the chemical industry itself. At the end of 2020, Covestro has 33 production sites worldwide and employs approximately 16,500 people (calculated as full-time equivalents).
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Location: United States, Pennsylvania, Pittsburgh
Employees: 10001+
Founded date: 2015

Mentions in press and media 81

DateTitleDescription
07.10.2024Covestro Agrees to €11.7 Billion Takeover Offer from ADNOCCovestro AG, a leading German producer of high-quality polymer materials, has agreed to a takeover offer from Abu Dhabi National Oil Company (ADNOC). The offer, set at €62.00 per share, values Covestro at approximately €11.7 billion. This p...
01.10.2024ADNOC to acquire German chemicals company Covestro for $16 bnAbu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), including debt, in the energy giant's biggest ever acquisition. The deal is one of the largest foreign takeovers by a Gulf st...
01.10.2024Нефтяная компания Абу-Даби Adnoc купит химпроизводителя Covestro за €12 млрдAdnoc и Covestro заявили, что поглощение оценит немецкую компанию в €62 за акцию и зависит от того, получит ли производитель нефти из Абу-Даби по меньшей мере 50% плюс одну акцию в своем тендерном предложении. Сделка станет крупнейшим приоб...
25.09.2024Shaping A Circular Future: Covestro's High-Performance Polycarbonate Solutions For Sustainable Innovation In The Electronics IndustrySHANGHAI, Sept. 25, 2024 /PRNewswire/ -- The global plastic waste crisis is intensifying, with approximately 400 million tons of plastic waste generated annually. Among this, electronic waste contributes around 2-3%, significantly impacting...
11.09.2024ADNOC приобретет производителя пластмассы Covestro примерно за €14,4 млрдADNOC, которая более года вела переговоры с немецкой химической компанией, в июне убедила ее раскрыть больше данных и провести углубленные переговоры на основе улучшенного индикативного предложения в размере €11,7 млрд или €62 за акцию. Ком...
04.09.2024ADNOC's Bold Move: The Covestro Takeover and the Future of Sustainable MaterialsIn the world of business, few things are as impactful as a major acquisition. The Abu Dhabi National Oil Company (ADNOC) is on the brink of a significant one. They are finalizing due diligence for a takeover of Covestro, a German plastics g...
04.09.2024Covestro’s vision: Versatile polyurethane foams: paving the way for more sustainable materials in carsShare Tweet Share Share Email Polyurethane (PU) foam stands as a cornerstone material in various automotive components, including car seats, instrument panels, load floors, headliners, and acoustic applications. Covestro is dedicated to ele...
29.08.2024ADNOC finalising due diligence for Covestro takeoverAbu Dhabi National Oil Company (ADNOC) is finalising due diligence for a takeover of Covestro in a deal that could reach 11.7 billion euros ($13 billion), two sources familiar with the matter told Reuters on Wednesday. An announcement could...
24.08.2024INDEED Innovation and Covestro Collaborated to Achieve Practical Circularity in Product Design and Material SelectionINDEED Innovation and Covestro showcased how sustainability principles can be applied in practical, impactful ways. We incorporate reuse, repairable, lightweight, and other circular design strategies into the Configurator design.” — Alex Du...
14.08.2024Carlisle Construction Materials Introduces Revolutionary Bio-Based Polyiso Eco Rigid Foam InsulationCarlisle Construction Materials' bio-based Polyiso Eco is manufactured with the highest quality ingredients, designed to deliver superior thermal performance and longevity The global leader in energy-efficient building envelope solutions de...
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