Covestro AG logo

Covestro AG

COVTY | OTC
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$33.07
-$0.56 (-1.67%)
At close: Oct 30, 2026, 3:58 PM ET
$33.45
+$0.38 (+1.15%)
After-hours: Oct 30, 2026, 4:00 PM ET

Company Profile

Covestro AG, a German company established in Leverkusen in 1863, specializes in providing cutting-edge polymer materials along with associated application solutions. Its operations are structured into two principal divisions: 1. Performance Materials: This segment is dedicated to the creation, production, and supply of premium materials, including polyurethanes and polycarbonates. It also offers fundamental chemicals such as diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins. These substances are vital for various industries, including furniture manufacturing, wood processing, construction, and the automotive and transportation sectors. Their applications range from roof structures and insulation for buildings and refrigerators to mattresses and car seats. 2. Solutions & Specialties: This division encompasses a diverse portfolio of polymer products. These include precursors used in coatings and adhesives, specialized polycarbonates, MDI derivatives, various polyols, unique films, elastomers, and thermoplastic polyurethanes. These materials cater to demanding industries like automotive, transportation, electrical, electronics, household appliances, construction, and healthcare. Furthermore, they are incorporated into composite resins for items such as wind turbine rotor blades, laptop casings, and floodlights. Covestro distributes its products globally via trading houses and a network of distributors. The company maintains a significant presence across Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China.

Key Executives

Name Position
Markus Steilemann Chief Executive Officer & Chairman of Management Board
Christian Baier Chief Financial Officer & Member of Management Board
Carsten Intveen Investor Relations Director
Monique Buch Chief Commercial Officer & Member of Management Board
Nils Janus Head of Artificial Intelligence
Ronald Koehler Head of Investor Relations & Corporate Controlling
Sophie von Saldern Global Head of Human Resources
Thorsten Dreier CTO, Labor Director & Member of Management Board
Uwe Arndt Head of MDI Site
Covestro AG
Covestro AG logo
Country Germany
IPO Date Mar 22, 2016
Industry Chemicals - Specialty
Sector Basic Materials
Employees 17,598
CEO Markus Steilemann

Contact Details

Kaiser-Wilhelm-Allee 60 Leverkusen, NW 51373 Germany

Stock Details

Ticker Symbol COVTY
Exchange OTC
Fiscal Year n/a
Reporting Currency USD
CIK Code n/a
CUSIP Number 22304D207
ISIN Number US22304D2071
SIC Code n/a

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