Markus Steilemann News Today

In China, Covestro AG, a German chemicals manufacturer, is setting up a new plant in Zhuhai, Guangdong province; Schneider Electric SE, a French industrial conglomerate, will build an industrial park in Xiamen, Fujian province; and Bridgestone Corp, a Japanese tire company, has announced it will invest 562 million yuan ($77.6 million) in China over the next three years.

German chemicals maker Covestro on Tuesday beat first-quarter core profit expectations, citing reductions in raw materials and energy costs that helped partially offset a decline in sales prices. ...

The plastics group Covestro remains cautious about future business development in a difficult industry environment. There are positive signs, but the trees will not grow into the sky in the second...

Covestro has started the fiscal year 2024 on a positive note. The Group was able to increase its sales volumes, in particular within the EMLA and APAC regions, with the former...

Covestro has started the fiscal year 2024 on a positive note. The Group was able to increase its sales volumes, in particular within the EMLA and APAC regions, with the former benefiting from...

German chemicals maker Covestro on Thursday said it decided not to pay dividends for 2023 after its annual core earnings dropped by a third in a challenging year marked by high energy prices and a...

Covestro announced that its sales reached 14.4 billion euros in 2023, down 20% on the same period a year earlier. At the same time, EBITDA came to 1.1 billion euros, down 33.2%.The Group thus posted a...

/PRNewswire/ -- Covestro has published its climate neutrality targets for scope 3 emissions, completing its climate strategy for reducing greenhouse gas...

Plasteurope.com is a business information platform for the European plastics industry.

The German chemical and pharmaceutical industry does not expect a rapid recovery in 2024 after a year of crisis. Both the current business situation and expectations for the coming months are...