@covestro.com
Covestro is a supplier of high-tech polymer materials.
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Covestro, headquartered in Leverkusen, Germany, is a leading manufacturer of high-performance materials. The company was founded in 2015 as a result of the spin-off of Bayer MaterialScience, thus continuing a legacy dating back to 1937. With over 16,800 employees, Covestro operates in over 30 countries and generates annual sales of approximately €12.
4 billion. Covestro specializes in the production of polymers and high-tech plastics, serving various industries including automotive, construction, electronics, healthcare, and textiles. The company offers a diverse range of products, including polyurethanes, polycarbonates, coatings, adhesives, and specialty chemicals.
These materials contribute to the development of sustainable and innovative solutions for key global challenges. As a global enterprise, Covestro has established a strong presence worldwide through its subsidiaries, joint ventures, and partnerships. Notable subsidiaries include Covestro Deutschland AG, Covestro LLC (United States), Covestro Pty Ltd (Australia), and Covestro S.
p. A. (Italy).
The company also has joint ventures with other industry leaders, such as Baulé, producing polyurethane infusion resins, and Hella Covestro Lighting Solutions, manufacturing transparent exterior lighting components. Covestro is recognized for its market-leading position in the global materials industry. It consistently ranks among the largest polymer companies worldwide based on global sales.
The company's strong position is further evidenced by its commitment to sustainability and innovation, consistently prioritizing the development of new and environmentally friendly materials. In recent years, Covestro has achieved significant milestones and received several industry accolades. Notably, the company has been recognized for its innovative research and development efforts, receiving awards for breakthrough advancements in the field of sustainable materials.
As of the latest available information, Covestro remains at the forefront of the materials industry, leveraging its technological expertise to drive sustainable growth. With a focus on innovation and collaborative partnerships, the company continues to develop advanced materials that contribute to a more sustainable future
Company Type
Public Company
Company Size
10,001+
Year Founded
2015
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