Company
Headquarters: Leverkusen, Germany
Employees: 15,665
CEO: Dr. Markus Steilemann
€10.34 Billion
EUR as of July 1, 2024
US$11.10 Billion
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Covestro AG supplies high-tech polymer materials and related application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment comprises a range of polymer products, including precursors for coatings and adhesives, polycarbonates, MDI specialties and polyols, specialty films, elastomers, and thermoplastic polyurethanes that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for wind turbine, rotor blades, laptop cases, and floodlights. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.
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Covestro AG has the following listings and related stock indices.
Stock: FSX: 1CO1 wb_incandescent
Stock: FSX: 1COV wb_incandescent
Stock: XETR: 1COV wb_incandescent
Stock: MTA: 1COV wb_incandescent
Stock: OTC: CVVTF wb_incandescent
Stock: OTC: COVTY wb_incandescent