Business & Finance
Further growth in demand in an increasingly challenging market environment
Covestro raises dividend after strong business performance in 2018
Continued core volume growth at 1.6% / Group sales rise to EUR 14.6 billion / EBITDA declines to EUR 3.2 billion / Proposed dividend of EUR 2.40 per share / Around EUR 1.7 billion returned to stockholders through share buy-back and dividends / 2019 guidance influenced by further volume growth and lower margins
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Fire, smoke and toxicity (FST)-performing honeycomb cores and panels
Covestro and EconCore join forces in composites development
Polycarbonate applications in mass transportation
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Cross-sector research to turn waste gas into valuable plastics
European industry fosters CO2 reutilization
Next step in collaboration of industrial and academic partners / Evaluation of industrial-scale testing in southern France
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In-depth cooperation with Technical University Berlin
Covestro supports sustainable research
Partnership for Chemistry and Industrial Engineering / Focus on exploration of alternative raw materials
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Joint market study to kick-off new business opportunities
Covestro taps into China’s growing start-up scene
Comprehensive analysis of Chinese founders’ landscape / Innovative materials supplier for consumer start-ups
moreBuyback program completed around half a year earlier than planned
Covestro concludes share buyback of EUR 1.5 billion
Around 10% of capital stock bought back / Acquired shares will be retired and capital stock reduced by EUR 19.5 million / Board of Management aims to lay foundations for further buybacks
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Further strengthening of global TPU business
Covestro becomes majority stakeholder in DIC Covestro Polymer joint venture in Japan
Covestro raises stake from 50% to 80% / Partnership with DIC Corporation continues / Acquisition as part of Covestro’s global growth strategy
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Corporate Culture Award for Innovation goes to Covestro
16,000 innovators awarded
Outstanding corporate culture honored / Start-up Challenge proves innovative way of working
moreAntwerp site part of Covestro’s MDI investment program
Covestro to increase aniline production in Antwerp
Investment of around EUR 300 million / Superior infrastructure and logistics make Antwerp ideal location
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