Covestro news

• 2 October 2024

  Covestro Backs ADNOC's €1.17 Billion Takeover with Strategic Investment

  The agreement supports sustainable growth, offers a 54% premium to shareholders, and ensures governance continuity, with a 10% capital increase for strategic implementation.
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  26 June 2024

  Recycling Tires into Automotive Plastics: Neste, Borealis, Covestro Collaborate

  Discarded tires are chemically recycled into high-quality polycarbonates for automotive parts, promoting circularity and sustainability in the plastics and automotive industries.
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  19 June 2024

  Covestro Invests in BioBTX for Innovative Recycling Technology

  Covestro's investment supports a demonstration plant in the Netherlands to produce chemicals from plastic waste, advancing circular economy goals and enhancing chemical recycling technology.
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  22 May 2024

  Ecomaison, Covestro, Secondly, and Federal Eco Foam Launch PU Foam Recycling Project

  The project aims to enhance PU foam recycling from used mattresses using combined mechanical and chemical methods, focusing on material efficiency and sustainable circular economy development.
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  8 September 2023

  Covestro AG to Enter Open-Ended Discussions with Adnoc

  The Board will discuss potential agreements, focusing on sustainability and corporate governance. Any deal needs board and regulatory approval. No further comments unless required by disclosure rules.
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  16 August 2023

  Covestro to Build Pilot Plant for Polycarbonate Chemical Recycling in Leverkusen

  A new process for recycling polycarbonates into monomers is being piloted, aiming to replace fossil raw materials and meet high-quality standards for applications like automotive and electronics.

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  18 May 2022

  Covestro Starts Desmodur® 15 Production Line in Barcelona

  The new line meets rising demand for high-performance elastomers, supports global supply, and operates on renewable energy. It aids growth in high-end applications and Vulkollan® licensee development.
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  22 April 2022

  Covestro Expands TPU Film Production in Germany

  Investing millions, the Bomlitz site will boost TPU film capacity to meet global demand, enhance sustainability, and switch to green electricity by 2023, creating new jobs and focusing on bio-based products.
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  13 January 2022

  Maire Tecnimont Secures €250M EPC Contract for Covestro Aniline Plant in Antwerp

  The project will expand aniline production in Antwerp, with completion expected by 2024. It will use advanced technologies for safety and efficiency, enhancing the site's infrastructure and logistics.
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  25 October 2021

  LyondellBasell and Covestro Convert Waste to Energy in Rotterdam

  The Circular Steam Project in Rotterdam reduces energy use by 0.9 Petajoules annually, cuts CO2 emissions by 140,000 tons, and prevents 11 million kg of salt residue from entering surface water.
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  23 April 2021

  Covestro Boosts Film Production with New Lines in Dormagen

  New coextrusion lines in Dormagen will create 30 jobs, enhance film quality, and speed up supply. The site includes production, a technical center, and research labs, supporting global expansion efforts.
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  2 May 2019

  Covestro Expands Dormagen Coextrusion Lines

  New production lines for polycarbonate films at Dormagen will be completed by end of 2020, creating 50+ jobs. The investment includes latest technology and aims to meet global demand and improve efficiency.
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  29 October 2018

  Covestro to Expand Aniline Production in Antwerp

  Investing EUR 300 million, the new unit will launch in 2022, enhancing supply for MDI production. The project will boost job creation and utilize advanced safety and energy-efficient technologies.
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  4 September 2018

  LyondellBasell and Covestro Launch Investment Project in Rotterdam

  The Circular Steam Project in Rotterdam will convert water-based waste into energy, reducing CO₂ emissions by 140,000 tons annually and enhancing production efficiency and sustainability.
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  19 June 2018

  Covestro to Build Energy-Efficient Chlorine Plant in Tarragona

  The new plant in Tarragona will use oxygen-depolarized cathode technology, reducing energy consumption by 25%. This innovation, developed over two decades, will cut CO2 emissions by 22,000 tons annually.
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  17 April 2018

  Air Liquide Invests €80M in Hydrogen Production for Covestro

  A new hydrogen unit in Antwerp will enhance energy efficiency, reduce CO2 emissions, and support aniline production for polyurethanes, starting operations in 2020.
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  11 December 2017

  Covestro to Continue Tarragona Production

  Investing EUR 200M, the site will build a chlorine supply and increase MDI capacity by 50,000 tons. Debottlenecking by 2022, chlorine production starts end of 2020.
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  6 November 2017

  Covestro Boosts Global Polyurethane Dispersion Capacity

  New facilities in Europe, China, and the U.S. will meet rising demand for sustainable, waterborne polyurethane dispersions in coatings, adhesives, and various industries, driven by VOC regulations.
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  17 June 2016

  Covestro Begins Industrial CO2-Based Plastic Production

  A new plant in Dormagen produces foam components with 20% CO2, reducing crude oil use. The process is environmentally friendly and aims to expand CO2-based plastic production.
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  9 December 2014

  Bayer Completes Major Investment in Germany

  A new TDI plant in Dormagen, costing EUR 250 million, boosts production efficiency and job security, while enhancing North Rhine-Westphalia's competitiveness in the chemical industry.
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  1 March 2010

  Bayer MaterialScience to Build New TDI Plant in Dormagen

  The new TDI plant in Dormagen will cost EUR 150 million, have a 300,000-ton capacity, and use innovative, energy-efficient technology. It aims to enhance regional competitiveness and job security.