Covestro AG
XETRA:1COV

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Covestro AG
XETRA:1COV
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Price: 58 EUR 1.75% Market Closed
Market Cap: 10.9B EUR
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Covestro AG
Investor Relations

Covestro AG, founded in 2015 as a spin-off from the renowned German chemical conglomerate Bayer, stands as a global leader in the production of high-tech polymers. Headquartered in Leverkusen, Germany, Covestro is primarily engaged in the manufacturing and sales of polyurethanes and polycarbonates, which are indispensable in an array of industries, including automotive, construction, electronics, and healthcare. Covestro's innovative materials are just about everywhere—whether it's lightweight components used in cars to improve fuel efficiency, high-performance insulation materials for buildings, or resilient casings for smartphones. The company's expertise doesn't just lie in creating these products but also in optimizing their utility, ensuring that their applications lead to more sustainable solutions by reducing energy consumption and increasing the durability of the end products.

The company's profitability hinges on its adeptness at capturing the trends of sustainability and innovation, incorporating cutting-edge research to push the boundaries of material science. Covestro operates through a vertically integrated supply chain, which affords it significant economies of scale and a competitive edge in pricing. By transforming raw materials into versatile polymers, Covestro creates a continuous value chain that not only enhances product performance but also aligns with its sustainability goals. The firm invests heavily in R&D to anticipate market needs and to develop formulations that meet stringent regulatory standards while responding to the global demand for environmentally friendly materials. Through strategic partnerships and its global reach, Covestro is positioned to benefit from a rise in demand for high-performance and eco-conscious products, reinforcing its stature as a pivotal player in the transition toward a more sustainable industrial landscape.

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Management

Dr. Markus Steilemann Ph.D.
CEO & Chairman of Management Board
No Bio Available
Ms. Sucheta Govil
Chief Commercial Officer & Member of Management Board
No Bio Available
Dr. Thorsten Dreier
CTO & Member of Management Board
No Bio Available
Mr. Ronald Koehler
Head of Investor Relations
No Bio Available
Mr. Uwe Arndt
Head of MDI Site
No Bio Available
Mr. Nils Janus
Head of Artificial Intelligence
No Bio Available
Ms. Sophie von Saldern
Global Head of Human Resources
No Bio Available
Mr. Carsten Intveen
Investor Relations Director
No Bio Available

Contacts

Address
NORDRHEIN-WESTFALEN
Leverkusen
Kaiser-Wilhelm-Allee 60
Contacts
+4921460092000.0
www.covestro.de