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Buyback 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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Full year guidance confirmed

Solid results in an increasingly challenging market environment

Group sales up 4.8% to EUR 3.7 billion / Core volumes remain stable / EUR 859 million EBITDA at previous year’s level / Net income totals EUR 496 million, up 1.0% over prior year / Free operating cash flow down 12.2% to EUR 578 million due to increased investments / Cost savings targeted at EUR 350 million per year

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Global capacity expansion to strengthen leading position in MDI

Covestro to invest EUR 1.5 billion in new world-scale MDI plant in Baytown, USA

Highly attractive MDI market with long-term growth prospects / New 500 kilotons MDI plant to satisfy demand and accompany industry growth / NAFTA MDI capacity to reach 740 kilotons per year by end of 2024 / Extending Covestro´s regional and global MDI leadership position

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Joint press release of LyondellBasell and Covestro

LyondellBasell and Covestro kick off investment project in Maasvlakte-Rotterdam

Innovative new technology realizes annual reduction of up to 140,000 metric tons CO2 emissions

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Greater focus on sustainable product solutions and technologies:

MSCI upgrades sustainability rating of Covestro

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US Polycarbonates sheets business sold to Plaskolite

Covestro completes sale of US sheets business to Plaskolite

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Moody's raises credit rating to Baa1 with stable outlook

Moody's upgrades Covestro

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Plans to increase investment for further growth

Covestro raises guidance after a strong second quarter

Group sales improved by 10.4% to EUR 3.9 billion / Core volumes up 4.4% / EBITDA grew by 16.2% to EUR 985 million / Net income rose by 24.8% to EUR 604 million / Free operating cash flow increased by 14.1% to EUR 364 million / Guidance for EBITDA, FOCF and ROCE raised

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Capacity expansion at four locations

Covestro strengthens its global film production

Total investment of more than 100 million euros / Over 100 new jobs planned / Innovative applications in various industries / In focus: multilayer flat films

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