Latest Covestro News & Updates

See the latest news and media coverage for Covestro. We track all announcements, press releases, and industry mentions in real time, all in one place.

Company icon
Covestro

Manufacturer of high-tech polymer materials

covestro.com
Headquarters
Leverkusen, Germany
Founded year
2015
Company type
Public company
Number of employees
10,000+

Last updated

Latest news about Covestro

In short: Covestro prepared for a stock market exit following a $13 billion takeover by ADNOC while managing financial losses and leadership transitions.

Company announcements

  • Covestro

    Covestro appoints Klaus Fröhlich as new CFO

    The Supervisory Board appoints 53-year-old Klaus Fröhlich, currently at ADNOC, effective October 1, 2026, succeeding Christian Baier who leaves September 30, 2026.

  • Covestro

    Covestro CEO shares strategy against industry pressure

    In the short term, Covestro manages volatility through resilient supply chains. In the long term, the company is betting on innovation, transformation to a circular economy and climate neutrality with a focus on economic viability and partnerships.

  • Covestro

    Covestro Thailand receives CFO and ISO 14064-1 certifications

    It achieves verification for all three emission scopes, including Scope 3, as the first in Covestro's global network.

  • Covestro

    Covestro launches R-GO Coffee Journey Series

    With NINETYGO at CHINAPLAS 2026, it features >67% lower carbon footprint using recycled polycarbonate. It complies with NIA-PFAS, offers durability and design flexibility.

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Media coverage

  • KunststoffWeb

    Covestro: Plastics group does not want to invest in growth in Europe

    "Significant consolidations" in the European and especially German chemical industry are expected by Covestro's CEO, Dr. Markus Steilemann.

  • FINANCE

    Adnoc dealmaker Klaus Fröhlich becomes CFO at Covestro

    The chemical company Covestro has found a successor for finance chief Christian Baier: Klaus Fröhlich is moving from the new owner Adnoc to Leverkusen.

  • AD HOC NEWS

    Covestro: EBITDA down 31 percent

    The chemical company Covestro is facing the final farewell from the stock exchange. The investor XRG holds over...

  • Aktien-Check

    Covestro: 1.17 billion for circular economy

    The coming week marks for Covestro the beginning of the end of an era. While the materials manufacturer presents its figures for the first quarter, the takeover bends...

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