Covestro is a Germany-based materials manufacturer specializing in high‑performance polymers for industrial applications. Formed in 2015 from the former Bayer MaterialScience business, the company operates a global network of production and R&D sites across Europe, Asia, and the Americas.
Its portfolio includes polyurethane raw materials (such as MDI, TDI, and polyether polyols), polycarbonate resins and sheets, coatings, adhesives and specialty materials (including aliphatic isocyanates and polyols), thermoplastic polyurethanes, and specialty films. Covestro’s materials are used in sectors such as automotive and transportation, building and insulation, electronics and electrical, furniture and wood, healthcare, and a range of industrial applications. The company pursues process efficiency and circularity in materials, including recycling approaches and the use of alternative feedstocks.
Also known as Covestro Polymers, Bayer MaterialScience Taiwan, Bayer Taiwan, Covestro Taiwan Ltd., Covestro Taiwan, and Covestro Deutschland AG.
chemXplore tracks 23 projects involving Covestro, of which 8 are active.
Covestro's role on them: Owner, Investor / Financier, Operator, Developer, Offtaker, Technology licensor, and Technology / equipment supplier.
7 new construction and 1 expansion.
3 of the active projects carry no start-up date yet.
Contractors, licensors, and offtakers are recorded on 7 of these 8 projects For subscribers
Targeting: Ammonia (2), Benzene (2), Methylene Diphenyl Diisocyanate (2), Toluene (2), Aniline (1), Chlorine (1)
Convert plastic waste into about 10,000 t/y of renewable aromatic oil and downstream benzene, phthalic anhydride and aromatics for circular supply chains; first plant operational early 2028.
New production line and full ISCC PLUS certification enable mass‑balance bio‑circular binder use; lower‑carbon purenit® product slated for 2027 market launch.
Pilot plant for chemical recycling of high-performance elastomers in Leverkusen; targets >90% material recovery and up to two-thirds lower carbon footprint vs virgin material.
Pilot plant scales a chemical recycling route for high‑performance Vulkollan elastomers, enabling >90% mass recovery and cutting carbon footprint by up to two thirds.
MoU to evaluate ammonia imports through a proposed Blumensand (Hamburg) terminal, offtake for feedstock/hydrogen, and transport links to industrial customers across Europe.
Deals signed during the UAE president's state visit could unlock >€5bn investment, span LNG, gas, MDI, ammonia, offshore wind and AI, and follow a €40bn UAE investment pledge.
MoU to explore coordinated gas and LNG supply, infrastructure investment, shipping and market development to strengthen Germany and Europe's energy security.
913 MW offshore wind farm now operational; 83 turbines and 786 MW of corporate PPAs will supply industry and households, boosting Germany's domestic renewable capacity.
By country, the most active first. active / all projects
