Sponsor Summary

Covestro is a Bayer spin off formed in the fall of 2015 and formerly Bayer MaterialScience, Bayer's $12.3 billion materials science division. Covestro shares were first offered on the Frankfurt Stock Exchange in October 2015. Bayer sold off shares in 2017 and by September had a 24.6% stake, meaning that Bayer no longer had a controlling interest; Bayer's pension fund had an 8.9% stake managed separately.

Deal

02/2018

Covestro signs deal with Pittsburgh Penguins A global provider of high-tech materials, Covestro brings 80 years of innovation experience to the partnership. The company's advanced technologies are used in a wide range of industries, helping to make everyday products safer, stronger, lighter and more energy efficient. Many of these innovative solutions are developed at the company's Robinson Township location, which serves as its North American headquarters and one of three R&D centers globally.

See more updates for Covestro

Join SponsorPitch

If you currently work at this organization, click the “Do you work here?” button to request editing privileges.

This SponsorPitch page is about Covestro and contains information about this organization's sponsorship activity, sponsorship decision makers and sponsorship preferences. This page is not endorsed by or affiliated with Covestro, though it may be actively managed and updated by company representatives. If you currently work at this organization, click the Manage Sponsor button to request management privileges. . All trademarks, service marks and copyrights are property of their respective owners.