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Covestro AG(1COV)

Description: Covestro AG supplies high-tech polymer materials and related application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment comprises a range of polymer products, including precursors for coatings and adhesives, polycarbonates, MDI specialties and polyols, specialty films, elastomers, and thermoplastic polyurethanes that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for wind turbine, rotor blades, laptop cases, and floodlights. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.


Keywords: Electronics Plastic Commodity Chemicals Adhesives Elastomer Coatings Polyurethane Healthcare Industries Transportation Industries Polyol Car Seats Wood Processing Polymer Products Base Chemicals Covestro Methylene Diphenyl Diisocyanate

Home Page: www.covestro.com

Kaiser-Wilhelm-Allee 60
Leverkusen, 51373
Germany
Phone: 49 214 6009 2000


Officers

Name Title
Dr. Markus Steilemann CEO & Chairman of Management Board
Dr. Thomas Toepfer CFO, Labor Director & Member of Management Board
Dr. Klaus Schäfer CTO & Member of Management Board
Ms. Sucheta Govil Chief Commercial Officer & Member of Management Board
Mr. Ronald Koehler Head of Investor Relations
Dr. Joachim H. Wolff Head of Polyurethanes Bus. Unit
Mr. Daniel Meyer Head of Polyurethanes (PU) Segment
Ms. Michelle B. B. Jou Head of Polycarbonates Segment
Mr. Michael Friede Head of S Coatings, Adhesives, Specialties Segment
Mr. Uwe Arndt Head of MDI Site

Exchange: F

Country: DE

Currency: Euro (€)

Forward PE: 16.0514
Trailing PE: 8.3601
Price-to-Book MRQ: 0.8284
Price-to-Sales TTM: 0.3725
IPO Date:
Fiscal Year End: December
Full Time Employees: 18064
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