Markus Steilemann

GERMAN CHEMICAL INDUSTRY Depressed mood prevails / Closures and discontinuation of business areas / “No signs of a trend reversal” – VCI	20.11.2023
GERMAN CHEMICAL INDUSTRY Producers still gloomy as downturn continues / Resin production falls sharply / VCI repeats calls for help from Berlin	19.09.2023
COVESTRO Plastics producer now in open-ended negotiations with Adnoc / German trade union insists on job security	11.09.2023
CHEMICAL INDUSTRY Covestro CEO says Germany's problem is “mainly on the psychological level”	08.09.2023
GERMAN ECONOMY President of German chemical industry writes 'fiery letter' to Chancellor / 'Economic imbalance must become a priority'	31.08.2023
GERMAN CHEMICAL INDUSTRY Output shrinks further in H1 / Annual decline could touch 11% / VCI seeks “temporary” relief from high electricity prices	25.07.2023
CHEMICAL INDUSTRY Sales by German suppliers slide in Q1 / “Rapid downturn” over / Output ex-pharma to drop 8% this year	23.05.2023
COVESTRO EUR 200 mn chlorine plant onstream in Spain / European MDI network strengthened / Energy saving by up to 25%	16.02.2023
COVESTRO EUR 300 mn net income loss surprises markets / Impairments cut earnings / High energy, material costs hit results	17.01.2023
CHEMICAL INDUSTRY GERMANY Gas shortage takes its toll / Producers caught between rising prices, sinking profits / Firms look longingly to US	21.12.2022
COVESTRO Plans for “green” logistics pilot scheme in China / Move targets reductions in Scope 3 emissions	11.11.2022
COVESTRO Plans for major new MDI plant put on ice again / No new start-up date / “Increasingly volatile” economic environment	08.11.2022
K 2022 “If Putin destroys our economy, he will topple our democracy”: Germany's Economics Minister Habeck and Covestro boss Steilemann at “high-level reception” of Kunststoffland NRW	21.10.2022
K 2022 Plastic industry network to stage high-calibre panel discussion on eve of trade fair	16.09.2022
COVESTRO CEO Steilemann says Europe is heading for a long, deep recession / “Every watt counts”	10.08.2022
COVESTRO Markus Steilemann confirmed as CEO until May 2028	16.06.2022
PLASTICS EUROPE Plastics producers tap Dow VP ten Bruggencate to lead industry group / Sector faces range of pressing issues	20.05.2022
COVESTRO Strong demand, higher prices spur record sales / CEO Steilemann: Mechanical methods “better” than chemical recycling	03.03.2022
EUPC A Circular Future with Plastics annual conference to be held in May	31.01.2022
COVESTRO Partnership with Genomatica / Pilot facility for plant-based HMD / Biotech competence centre at HQ site	28.01.2022
ENERGY MARKETS Budding hydrogen market to change patterns in global energy trade / Technology key as polymer industry moves towards net-zero emissions / Covestro secures access to green H2 from Australia	26.01.2022
COVESTRO CEO Markus Steilemann expects strong surge in demand for MDI / Processors also expect up to 10% growth	17.12.2021
COVESTRO Closing the material cycle for rigid PU foam / Engineering plastics producer to lead EU research project / Chemical recycling to play key role	22.10.2021
COVESTRO Cooperation with Interseroh for recycling engineering plastics / Partners to examine chemical processes	11.10.2021
COVESTRO Billions in investment for growth / EUR 1 bn for circular tech / Revived plans for world-scale MDI plant / More capacity at multiple sites	30.09.2021