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Covestro cancels dividend after lower earnings in challenging 2023 - Vimarsana News

Covestro cancels dividend after lower earnings in challenging 2023

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: reduces losses in 2023 but remains in the red -February 29, 2024 at 06:09 am EST - Vimarsana News

Covestro: reduces losses in 2023 but remains in the red -February 29, 2024 at 06:09 am EST

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...

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Covestro publishes climate neutrality targets for scope 3 emissions - Vimarsana News

Covestro publishes climate neutrality targets for scope 3 emissions

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

YEAR-ENDER: EUROPEAN PLASTICS INDUSTRY: The plastics industry continues to work in a state of emergency / Slumps in demand, cheap imports and ever-new regulations make life difficult for producers and processors / Producers on the other side of the Atlantic also face more difficulties - Vimarsana News

YEAR-ENDER: EUROPEAN PLASTICS INDUSTRY: The plastics industry continues to work in a state of emergency / Slumps in demand, cheap imports and ever-new regulations make life difficult for producers and processors / Producers on the other side of the Atlantic also face more difficulties

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

Expensive energy, empty state coffers - chemical industry with little confidence - Vimarsana News

Expensive energy, empty state coffers - chemical industry with little confidence

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...