07.12.2015
- Just weeks after its spin-off from Bayer, German engineering plastics producer Covestro has announced its first streamlining measure, saying it plans to close its 170,000 t/y MDI...
08.10.2015
- In its first rating for the newly launched shares of engineering plastics producer Covestro, ratings agency Moody’s has given the former Bayer MaterialScience a Baa2 investment...
02.09.2015
- On Sept. 1, Bayer MaterialScience (BMS) began trading as Covestro. For the present, the new standalone company will remain wholly owned by Bayer, but the parent company’s plans...
14.08.2015
- Patrick Thomas and Frank H. Lutz have been confirmed as CEO and CFO respectively of the Bayer engineering plastics spin-off Covestro – the new name for Bayer MaterialScience (BMS)...
24.09.2014
- Frank H. Lutz (45) has been appointed CFO of Bayer MaterialScience effective October 1, 2014. He succeeds Dr. Axel Steiger-Bagel, who takes over on November 1 as Senior Bayer...
