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Covestro
UN PLASTICS TREATY
No consensus after Busan talks / Petchem industry accused of ‘unsupportive' behaviour / Rising endorsement of production caps / Further session planned
04.12.2024
POLYMER PRICES
Polyurethane feedstocks November: Weak demand pressures isocyanate prices / Extended Christmas holidays to prolong decline
20.11.2024
PLASKOLITE
Sheet manufacturer to shutter former Covestro plant in the US / 90 jobs to be slashed
14.11.2024
COVESTRO
Management, supervisory board recommend sale of shares to Adnoc / Arab company pledges to preserve Covestro
12.11.2024
COVESTRO
New investments in energy efficiency at Tarragona / Solar power deal with BP
08.11.2024
COVESTRO
Back in black / Financial guidance slashed again / Adnoc acceptance period for takeover offer ends 27 November
30.10.2024
ALBIS
Distributor adds Covestro rPC to portfolio
10.10.2024
COVESTRO
Adnoc submits takeover bid; German giant valued at EUR 11.7 bn / “Financially strong and long-term oriented partner” – CEO Steilemann
01.10.2024
EUROPEAN CHEMICAL INDUSTRY
Output rises in H1 2024 / Demand, run rates remain depressed / Many downstream industries still in decline / Uncertain outlook persists
18.09.2024
COVESTRO
Chemicals group to build TPU development centre in China
18.09.2024
COVESTRO
Collaboration with Carlisle on bio-circular building materials / German partner to contribute MDI
17.09.2024
PETROCHEMICAL MARKETS
Covestro, LYB to reportedly start up Dutch styrene plant in October / Weak styrene market expected in September
11.09.2024
COVESTRO
Adnoc completes due diligence / Concrete takeover bid likely before September end?
02.09.2024
LANXESS
Full-year outlook confirmed despite absence of market recovery / Q2 sales ease as cost cuts boost core profit
12.08.2024
LYONDELLBASELL
Six European plants identified as non-core assets / All options, including sale and closure, open for these facilities, CEO says / EBITDA drops in Q2 despite rise in sales
05.08.2024
COVESTRO
Revenues flat despite “sharp rise” in Q2 sales volumes / Upper end of guidance lowered / Adnoc takeover talks: confirmatory due diligence begins
31.07.2024
VCI
German chemical industry association extends Steilemann's term of office / Will BASF chief follow next year?
29.07.2024
GERMAN CHEMICAL INDUSTRY
Slight increase in polymer production – VCI half-year results / “Silver lining, but still no stable upward trend”
11.07.2024
BASF
Purchase agreement with Encina to secure supply of recycled benzene / No plant in sight yet
08.07.2024
POLYMER PRICES
North America June 2024: Most prices remain unchanged despite firmer feedstocks and production problems / Demand weak across the board / Reduced margins for producers also expected in July
03.07.2024
COVESTRO
Plastics producer aims to save EUR 400 mn across global operations / Job cuts evidently planned in Germany
26.06.2024
COVESTRO
Adnoc entertains “possible offer” of EUR 12 bn for German group / Takeover negotiations enter crucial phase
24.06.2024
UPDATE - POLYMERS FOR EUROPE ALLIANCE
Best Polymer Producers Awards 2023: European processors select top suppliers in eight polymer categories / Vinnolit scores in decarbonisation
18.06.2024
NESTE
Partnership with Borealis, Covestro to chemically recycle car tyres into automotive parts
18.06.2024
COVESTRO
Launch of R&D project on recycling PU mattress foam / Study of both mechanical and chemical reclaim tech
17.06.2024
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