Covestro is a world-leading supplier of high-tech polymer materials: innovative, sustainable and diverse.
Covestro became an independent company listed on the stock exchange in fall 2015. Since then, we have proven to our customers and investors that we have what it takes: a strong and efficient product base combined with the flexibility and sense of purpose of a start-up, fueled by 80 years of experience.
Thanks to our global presence and close proximity to our customers, we are the partner of choice for a wide variety of industries. Our products and application solutions are used in many areas of modern life.
In line with our vision “To make the world a brighter place,” we work on solutions to the challenges of our time – to push the boundaries of what is possible.
We help make cars lighter so they save fuel. Our insulation systems protect buildings against the heat and cold to reduce energy consumption. In entertainment electronics, our products support functionality, safety and sleek design.
The backbone of our organization’s success are our 16,800 employees, who work at around 30 sites across the globe – from smaller technical centers and innovation hubs to large-scale production plants. Our activities are coordinated from our corporate headquarters in Leverkusen, Germany.
Thanks to the sound setup of our company and its innovative power, we have achieved a reliable course of growth and consolidated our standing in the global markets. In 2018, Covestro’s Group sales increased by 3.4% to EUR 14.6 billion over the past fiscal year. Covestro generated EBITDA of EUR 3.2 billion, 6.8% below the record year of 2017. Core volumes grew by 1.6%, while free operating cash flow stood at EUR 1.7 billion. Return on capital employed (ROCE) stood at 29.5%, well over the multi-year average.
Covestro is among the leading suppliers of premium polymers. Our materials and application solutions are found in nearly every area of modern life. Innovation and sustainability are the driving forces behind the continuous development of our products, processes and facilities.