Covestro
Covestro AG is a leading manufacturer of high-quality polymer materials, targeting sustainability and circular economy innovations in its operations.
Company facts
- Founded
- 2015
- Headquarters
- Germany
- CEO
- Markus Steilemann
About
Covestro AG, a leading name in the realm of high-quality polymer materials, traces its roots back to 2015 when it became an independent entity from Bayer. The company operates with a clear vision of becoming fully circular, manufacturing products that significantly enhance the quality of life while also addressing the critical issues of climate change and sustainability. Covestro focuses on innovative product development and is committed to achieving climate neutrality by 2035. Through its initiatives, the company is set on reducing its reliance on fossil resources and promoting the use of alternative raw materials and renewable energy in its operations. Covestro’s contributions span various sectors, including mobility, construction, and electronics, with an emphasis on creating materials that fulfill high performance and sustainability standards. Innovative recycling technologies, such as the chemical recycling of plastics, are part of its strategy to evolve towards a circular economy. The company’s diverse product portfolio not only meets the market demand but also aligns with its sustainability goals. Covestro is dedicated to fostering collaborations across industries to develop cutting-edge solutions that can lead to a more sustainable future while enabling the circular economy model.