German chemicals maker Covestro said on Wednesday it expects 2025 core profit to be similar to, or slightly above, last year results which came in a touch above expectations.

Meanwhile, Covestro revealed a cost-cutting program the day after it announced progress in its talks with ADNOC. The Bayer spin-off will aim for annual savings of $427 million in material and ...

German chemicals maker Covestro may choose to steer clear of a planned gas price cap should it be tied to a ban on dividend payments, according to a management board member.

At 1050 GMT, Covestro shares traded 3.2% higher at EUR53.14, following a 10% rally late Friday when Bloomberg reported that Covestro’s supervisory board was meeting to discuss possibly entering ...

Covestro AG (OTCPK:CVVTF) Q1 2025 Results Conference Call May 6, 2025 9:00 AM ET. Company Participants. Ronald Koehler - Head of Investor Relations Christian Baier - CFO & Member of Management Board ...

Covestro was spun off from Germany’s Bayer in 2015 and listed on the Frankfurt exchange. Sales in the first half of this year fell 3.5% to €7.2 billion from a year earlier and the company ...

Germany's Covestro should engage in formal takeover talks with Abu Dhabi National Oil Co (ADNOC) in the interest of its shareholders, two top-15 investors of the plastics and chemicals maker told ...

Abu Dhabi National Oil Co. indicated it’s prepared to boost its informal offer for Covestro AG to about €11.6 billion ($12.7 billion) on the condition the German chemicals group agrees to ...

Covestro (COVTY) operates ISCC PLUS-certified facilities in every major global market, including its manufacturing location in Baytown.

Global plastics manufacturer Covestro reached a deal with a U.S. firm that will lead to the supply of raw materials from recycled plastics.

German materials leaders Covestro and BASF will show customers the path to sustainability at Fakuma 2024. Covestro of Leverkusen (B4–4208) will showcase materials and solutions for automotive ...

Covestro was spun off from Germany’s Bayer in 2015 and listed on the Frankfurt exchange. Sales in the first half of this year fell 3.5% to €7.2 billion from a year earlier and the company ...