News for Covestro AG (COVTY)

OMV and ADNOC agreed on the key terms of the potential consolidation of their polyolefin businesses and the subsequent acquisition of NOVA Chemicals under ...

Sales: EUR14.2 billion, slightly down by 1.4% year on year.Free Operating Cash Flow: EUR89 million, at the upper end of guidance.EBITDA: EUR1.1 billion, stable

Feb 26, 2025 / 02:00PM GMTRonald Koehler - Covestro AG - Head of IR Welcome to the Covestro earnings call on the full-year 2024 results. The company is represen

Covestro AG (OTCPK:CVVTF) Q4 2024 Results Conference Call February 26, 2025 9:00 AM ETCompany ParticipantsRonald Koehler - Head of Investor...

Despite concerns about the impact of U.S. President Donald Trump's trade policies, German stocks are up firmly in positive territory Wednesday morning with investors reacting to quarterly earnings updates and news about Ukraine accepting an agreement on mineral rights with the U.

Abu Dhabi's main energy company will transfer stakes in some U.S. assets to its new international investment firm.

Germany stocks mixed at close of trade; DAX down 0.18%

Germany stocks mixed at close of trade; DAX down 0.23%

Germany stocks lower at close of trade; DAX down 1.20%

Top law firms from New York, London and Chicago are deepening their presence in the Gulf, chasing profits from a region that’s announced more than $150 billion in d…

India's Competition Commission (CCI) has approved several deals. JSW JFE Electrical Steel, a subsidiary of a JSW Steel and JFE Steel Corporation joint venture, will acquire Thyssenkrupp Electrical Steel India. The CCI also greenlit Abu Dhabi National Oil Company's acquisition of Covestro AG and Blackstone's purchase of a stake in Bagmane Developers and Bagmane Rio.

Covestro’s growth is hindered by competition and energy risks. See why COVTY stock offers limited near-term upside with a "Hold" rating and €60 price target.

India's competition watchdog, CCI, has greenlit Abu Dhabi National Oil Company's (ADNOC) substantial $16.4 billion acquisition of Covestro, a leading polymer materials producer. ADNOC plans a complete takeover of Covestro's shares through a public offer, followed by a 10% capital increase. This significant deal marks ADNOC's expansion into the chemical sector and strengthens its global presence.

The new company will start activities in the first quarter of 2025.

The global Chlor-Alkali Market is witnessing robust growth, fueled by a surge in demand for essential chemicals across various industries. This expansion...

Revenue: EUR3.6 billion for Q3 2024.Volume Growth: 6.1% year-on-year increase.EBITDA: EUR287 million, within the guidance range of EUR250 million to EUR350 mil

Oct 29, 2024 / 01:00PM GMTRonald Koehler - Covestro AG - Head - Investor Relations Welcome to the Covestro earnings call on the Q3 results. The company today is

Metal Replacement Market Size Was Valued at USD 183.40 Billion in 2023 and is Projected to Reach USD 408.32 Billion by 2032, Growing at a CAGR of 9.3% From...

Construction elastomers market growth is largely fueled by the increasing demand for durable, flexible, and sustainable materials in the construction...