Business & Finance
Covestro´s polycarbonate proves suitable for mass production using 3D printing
Covestro provides Signify with polycarbonate for 3D-printed luminaires for a circular economy
Signify makes high-quality, energy-efficient LED lighting products / Company also prints light shades and fittings in the Netherlands using additive manufacturing / New facilities planned in the USA, India and Indonesia / 100 percent recyclable polycarbonate supports a circular economy
moreCovestro continues portfolio optimization
Covestro closed sale of European Systems Houses business to H.I.G. Capital
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Third quarter 2019: Full-year forecast confirmed and ranges narrowed
Covestro generates strong volume growth in a continuing challenging environment
Core volumes up by 5.3% / Group sales total approximately EUR 3.2 billion (–14.6%) / EBITDA forecast achieved at EUR 425 million (–50.5%) / Net income down to EUR 147 million (–70.4%) / Free operating cash flow at EUR 243 million (–58.0%) / Ranges for 2019 narrowed in existing forecast
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Materials manufacturer launches strategic program
Covestro plans to promote circular economy
Seeing plastic waste as a valuable resource / Alternative raw materials to break away from crude oil / Fostering recycling through innovative processes
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Fostering innovation from Asia for the world
Covestro expands open innovation in China
New concept to engage with global innovation partners / Ensure innovation leadership and accelerate time to market
moreNext step in portfolio optimization
Covestro to sell European polycarbonate sheets business to Serafin Group
New owner to continue and further develop sheets business / Sale is part of Covestro’s efforts to optimize its portfolio / Covestro to remain key supplier to sheets business
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Second Quarter of 2019: Solid core volume growth in a difficult environment
Covestro confirms guidance for 2019 after first six months
Core volumes up slightly (+1.1%) / Group sales total around EUR 3.2 billion (–16.9%) / EBITDA at EUR 459 million as expected (–53.4%) / Net income drops to EUR 189 million (–68.7%) / Free operating cash flow at minus EUR 55 million / Q3 EBITDA of around EUR 410 million expected
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Covestro Start-up Challenge enters a new round
From the idea to a venture of their own
Six business ideas relating to the subject of circular economy / Winners of the first Start-up Challenge continue their own venture
moreCovestro continues portfolio optimization
Covestro to sell European Systems Houses business to H.I.G. Capital
Sales proceeds in the high-double-digit euro million range / Systems houses with revenues of EUR 230 million / Covestro to remain a key supplier to European Systems Houses / New ownership allows unit to further grow and to position itself as an independent player
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