Abu Dhabi oil major gets green light from Brussels for record chemicals deal The Covestro acquisition will aid ADNOC's goal to be a top five global chemicals player Afra Al Nofeli/Gulf News Dubai ...

Welcome to the Covestro Earnings Call on the first quarter results. The company is represented by Christian Baier, CFO. [Operator Instructions] You will find the quarterly statement and earnings ...

INEOS and Covestro have signed a long-term agreement for the supply of natural gas for up to eight years, starting 2027. The agreement builds on INEOS' newly established LNG supply chain ...

Builds on INEOS' global LNG sourcing and distribution capabilities. 8-Year Agreement provides long-term feedstock and energy security for Covestro’s European operations. Demonstrates the power of ...

Covestro is expanding production at its compounding facility in Hebron to meet demand for materials in the nation’s automotive, electronic and health care industries, the company recently ...

Covestro's commitment to net-zero emissions took center stage at the company's CIIE exhibit, impressing prominent visitors such as Pit Heltmann, then consul general of Germany in Shanghai. The ...

Covestro operates across 48 production sites and 13 research and development facilities Abu Dhabi: Rystad Energy, a leading independent energy research and business intelligence company ...

Abu Dhabi National Oil Company International, a subsidiary of Adnoc, has signed an agreement to acquire German chemicals giant Covestro, with the deal potentially valued at €14.7 billion ($16.32 ...

Covestro AG (Leverkusen, Germany), a manufacturer of high-quality polymer materials and their components, has signed an investment agreement with the Abu Dhabi National Oil Co. (ADNOC) Group (United ...

Abu Dhabi National Oil Co. reached a deal to buy chemical producer Covestro AG for about €11.7 billion ($13 billion), in what’s set to be the biggest Middle Eastern acquisition of a European firm.

Following negotiations that lasted more than a year, Abu Dhabi National Oil Company (ADNOC) has agreed to acquire the German plastics producer Covestro for $16.3 billion. Covestro recorded sales ...

UAE’s Abu Dhabi National Oil Company (ADNOC Group) is expected to make a formal offer to acquire Covestro for about $15.9bn (EUR14.4bn), including debt, the Financial Times reported on Wednesday.