Overview
Description
Covestro AG is a leading global producer of high-tech polymer materials, operating as a major player in the chemical and materials science sectors. Headquartered in Leverkusen, Germany, the company emerged as a spin-off from Bayer MaterialScience and has grown to serve a broad spectrum of industries including automotive, construction, electronics, furniture, sports, health, and fashion. Covestro specializes in manufacturing essential raw materials such as polyurethanes and polycarbonates, which are critical for applications ranging from thermal insulation and engineering plastics to coatings, adhesives, and specialty films.
The company is organized into two primary business segments—Performance Materials and Solutions & Specialties—enabling a tailored approach to diverse market demands. Its portfolio supports the ongoing transformation toward circularity and climate neutrality, reflecting a strategic commitment to sustainability and innovation. With extensive global operations, including 46 production sites and numerous R&D facilities, Covestro plays a vital role in advancing materials technology for modern industries and the sustainable economy of the future.
About
CEO
Dr. Markus Steilemann Ph.D.
Employees
17660
Address
Kaiser-Wilhelm-Allee 60
Leverkusen, 51373
Leverkusen, 51373
Phone
49 214 6009 2000
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Specialty Chemicals
Country
Italy
MIC code
XMIL