Puneet Varma (Editor)

Covestro

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Type
  
Stock Corporation

Website
  
covestro.com

CEO
  
Patrick Thomas (2007–)

Parent organization
  
Bayer

Traded as
  
FWB: 1COV

Headquarters
  
Leverkusen, Germany

Founded
  
1 September 2015

Covestro httpsuploadwikimediaorgwikipediacommonsthu

Stock price
  
1COV (ETR) € 68.81 +0.61 (+0.89%)7 Mar, 5:30 PM GMT+1 - Disclaimer

Subsidiaries
  
Brahe a. s., Bayer MaterialScience s.r.o.

Profiles

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Covestro is a spinout formed in the fall of 2015 from Bayer; it was formerly Bayer MaterialScience, Bayer's $12.3 billion materials science division. Covestro shares were first offered on the Frankfurt Stock Exchange in October 2015.

Contents

The main industries served are automotive manufacturing and supply, electrical engineering and electronics, construction and home products, and sports and leisure. Their products include coatings and adhesives, polyurethanes that are used in thermal insulation, adhesives, electrical housings, and as a component of footwear and mattresses, and polycarbonates such as Covestro's Makrolon, which are highly impact-resistant plastics. Covestro polyurethanes were used in the 2014 official FIFA World Cup soccer ball.

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References

Covestro Wikipedia