Covestro (OTCMKTS:COVTY) AG is a leading global manufacturer of high-performance polymer materials. Established in 2015 following its spin-off from Bayer MaterialScience, the company builds on a legacy of innovation dating back to the early 20th century. Covestro develops and produces a wide range of plastics and coatings designed to meet the evolving needs of various industrial sectors.
The company’s core product portfolio includes polyurethanes, polycarbonates and specialty coatings, adhesives, sealants and elastomers. These materials serve as essential inputs for industries such as automotive, construction, electronics, medical technology and sports equipment, enabling lightweight structures, energy-efficient solutions and durable end-products.
Covestro operates production sites and research and development facilities across Europe, Asia-Pacific and the Americas, supplying customers in more than 100 countries. Its global footprint allows the company to tailor solutions to regional market requirements and collaborate closely with local partners on sustainable applications, including electric mobility, renewable energy systems and water purification.
Headquartered in Leverkusen, Germany, Covestro is led by CEO Dr. Markus Steilemann, who has guided the company’s strategic focus on circular economy principles and digital transformation since 2018. Under his leadership, Covestro continues to invest in innovation and sustainability initiatives aimed at reducing environmental impact and creating value for customers worldwide.
