Keyword: Covestro

News

Covestro Agrees to Negotiations with ADNOC

11.09.2023 -

Following reports at the end of June that Abu Dhabi National Oil Company (ADNOC) was looking for takeover targets in Europe and was showing strong interest in Covestro in...

News

Covestro Completes Construction of New Polyurethane Dispersions Site in Shanghai

28.08.2023 -

Covestro has completed construction on a new production facility for polyurethane dispersions (PUDs) in Shanghai, China.

News

Covestro Opens New Elastomer Plant in China

08.08.2023 -

Covestro began production in its new Shanghai plant for polyurethane elastomers systems following the groundbreaking in the summer of 2022. The investment, in the double...

News

Covestro Seals first US Renewable Energy Pact

28.06.2023 -

German engineering plastics producer Covestro has signed a 90 megawatt (MW) virtual power purchase agreement (vPPA) with Danish renewables producer Ørsted for its US site...

News

Covestro Said to Reject ADNOC Buyout Offer

23.06.2023 -

German engineering plastics producer Covestro has rejected an initial takeover proposal from Abu Dhabi National Oil Co (ADNOC) as too low, the Bloomberg news agency...

News

Lanxess Warns on Earnings as Buyout Talk Circles Covestro

22.06.2023 -

Two former spinoffs from Bayer were competing for headlines on Jun. 19 and 20, as specialty chemicals company Lanxess issued a profit warning amid rumors that Middle East...

News

Covestro to Build its Largest TPU Site in China

24.02.2023 -

German engineering plastics producer Covestro has decided to build its largest-ever thermoplastic polyurethanes (TPU) site at Zhuhai, China.

News

Covestro Starts Energy-Saving Chlorine Plant in Spain

20.02.2023 -

German engineering plastics producer Covestro has started up a new €200 million chlorine plant at its Tarragona complex in Spain. The company said the new facility will...