Covestro AG

PNK: COVTY · Real-Time Price · USD
33.27
-0.31 (-0.94%)
At close: Apr 29, 2025, 3:50 PM

Company Description

Covestro AG supplies high-tech polymer materials and related application solutions.

It operates in two segments, Performance Materials, and Solutions & Specialties.

The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications.

The Solutions & Specialties segment comprises a range of polymer products, including precursors for coatings and adhesives, polycarbonates, MDI specialties and polyols, specialty films, elastomers, and thermoplastic polyurethanes that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for wind turbine, rotor blades, laptop cases, and floodlights.

The company markets its products through trading houses and distributors.

It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China.

The company was founded in 1863 and is headquartered in Leverkusen, Germany.

Covestro AG
Covestro AG logo
Country DE
IPO Date Mar 22, 2016
Industry Chemicals - Specialty
Sector Basic Materials
Employees 17,503
CEO Dr. Markus Steilemann Ph.D.

Contact Details

Address:
Kaiser-Wilhelm-Allee 60
Leverkusen,
DE
Website https://www.covestro.com

Stock Details

Ticker Symbol COVTY
Exchange PNK
Fiscal Year January - December
Reporting Currency USD
CIK Code n/a
CUSIP Number 22304D207
ISIN Number US22304D2071
Employer ID -
SIC Code n/a

Key Executives

Name Position
Dr. Markus Steilemann Ph.D. Chief Executive Officer & Chairman of Management Board
Christian Baier Chief Financial Officer & Member of Management Board
Dr. Thorsten Dreier Chief Technology Officer & Member of Management Board
Carsten Intveen Investor Relations Director
Nils Janus Head of Artificial Intelligence
Ronald Koehler Head of Investor Relations & Corporate Controlling
Sophie von Saldern Global Head of Human Resources
Sucheta Govil Chief Commercial Officer & Member of Management Board
Uwe Arndt Head of MDI Site

Latest SEC Filings

No SEC filings available.