XETR
1COV
Market cap14bUSD
Sep 17, Last price
59.90EUR
1D
-0.50%
1Q
-0.17%
Jan 2017
-8.10%
IPO
126.89%
Name
Covestro AG
Chart & performance
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Profile
Covestro AG, a German company established in Leverkusen in 1863, specializes in providing cutting-edge polymer materials along with associated application solutions. Its operations are structured into two principal divisions: 1. Performance Materials: This segment is dedicated to the creation, production, and supply of premium materials, including polyurethanes and polycarbonates. It also offers fundamental chemicals such as diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins. These substances are vital for various industries, including furniture manufacturing, wood processing, construction, and the automotive and transportation sectors. Their applications range from roof structures and insulation for buildings and refrigerators to mattresses and car seats. 2. Solutions & Specialties: This division encompasses a diverse portfolio of polymer products. These include precursors used in coatings and adhesives, specialized polycarbonates, MDI derivatives, various polyols, unique films, elastomers, and thermoplastic polyurethanes. These materials cater to demanding industries like automotive, transportation, electrical, electronics, household appliances, construction, and healthcare. Furthermore, they are incorporated into composite resins for items such as wind turbine rotor blades, laptop casings, and floodlights. Covestro distributes its products globally via trading houses and a network of distributors. The company maintains a significant presence across Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China.
Related entities
Subsidiaries (27)
ke si chuang (shang hai) tou zi you xian gong si
ke si chuang ju he wu (zhong guo) you xian gong si
PT COVESTRO POLYMERS INDONESIA
SOLAR COATING SOLUTIONS B.V.
SUMIKA COVESTRO URETHANE COMPANY, LTD
tai wan ke si chuang gu fen you xian gong si
Covestro Korea Corporation
Key people
Markus Steilemann
Chairman of the Management Board, Chief Executive Officer · since 2019
Member of the Management Board, Chief Commercial Officer · since 2019
Thomas Toepfer
Member of the Management Board, Chief Financial Officer, Labor Director · since 2019
Marc Stothfang
Member of the Supervisory Board · since 2017
Frank Werth
Member of the Supervisory Board · since 2016
Headquarters & legal address
Kaiser-Wilhelm-Allee 60
Leverkusen, NW 51373
DE
Leverkusen, NW 51373
DE
Valuation
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