Engineering
Chemicals
Automotive

Covestro

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-$0.44 (-1.80%) Today
-$0.44 (-1.80%) Today

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About

Covestro AG manufactures and supplies polymers. It operates through the following segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, and Specialties. Read More The Polyurethanes segment refers to the development, manufacture, and sale of precursors for polyurethanes which are isocyanates and polyether polyols used primarily in the furniture and automotive industries. The Polycarbonates segment develops, produces and markets plastic polycarbonate in the form of granules and semi finished products for automotive industry. The Coatings, Adhesives, and Specialties segment is responsible for the development and production of coatings, adhesives, sealants as well as specialties primarily for polyurethane systems. The company was founded in 1863 and is headquartered in Leverkusen, Germany. COVTY is listed on the Pink Current market tier. OTC market data is provided by OTC Markets Group, Inc (otcmarkets.com).

Employees
17,311
Headquarters
Leverkusen, Nordrhein-Westfalen
Founded
2015
Market Cap
8.95B
Price-Earnings Ratio
5.81
Dividend Yield
3.96
Average Volume
21.84K
High Today
$24.49
Low Today
$23.80
Open Price
$24.49
Volume
3.20K
52 Week High
$48.95
52 Week Low
$23.63

Collections

Engineering
Chemicals
Automotive
Furniture
Road Transportation
Retail
Transportation
2016 IPO

News

Barron'sMay 10

Plastic’s Woes Have Made Bayer Spinoff Covestro a Very Cheap Stock

Text size Here’s something to add a spark to your portfolio. German materials company Covestro (ticker: 1COV.Germany or COVTY), which makes high-tech plastics, is not only in a prime position to benefit from the need for high-performance materials in electric vehicles, but it’s also woefully undervalued. “It seems like a worst-case scenario is being priced in and that’s exactly the kind of name I want to play,” Adam Johnson, founder and author of the Bullseye Brief financial newsletter, told Barron’s. “T...

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PR NewswireMay 9

The Advanced Leadership Initiative Announces New Corporate CEO Council: 15 CEOs Committed to Advancing African American Executive Leadership

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Markets InsiderMay 8

Covestro LLC announces retirement of CEO Jerry MacCleary Retirement date set for end of 2019

PITTSBURGH, May 8, 2019 /PRNewswire/ -- Today, Covestro LLC announced that Jerry MacCleary will retire from his current position as CEO and chairman of the board, effective December 31, 2019. Click to tweet: Today, @CovestroUS CEO and Chairman @JerryMacCleary announced plans to retire at the end of 2019, capping a 40-year career with the global materials provider. Learn more: https://bit.ly/2PRnQh8. MacCleary's retirement caps a 40-year journey at Covestro, a global provider of high-tech materials. He fir...

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