About Covestro
Covestro is a company based in Leverkusen (Germany) founded in 2015 was acquired by XRG in December 2025. The company has 17,500 employees as of December 31, 2024. Covestro offers products and services including Polymer Materials and Sustainable Solutions.
- Headquarter Leverkusen, Germany
- Employees 17500 as on 31 Dec, 2024
- Stage Public
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Sectors
Chemicals & Materials
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Covestro Ag Temp
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Annual Revenue
$14.73 B (USD)-1.38as on Dec 31, 2024
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Net Profit
-$276.35 M (USD)-34.34as on Dec 31, 2024
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EBITDA
$793.72 M (USD)-19.83as on Dec 31, 2024
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Latest Funding Round
$5.1 M (USD), Grant
Oct 01, 2021
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Investors
ADNOC
& 2 more
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Employee Count
17500
as on Dec 31, 2024
- Acquired by
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IPO & Listings of Covestro
Covestro is a publicly listed company on the XETR with ticker symbol 1CO in Germany, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Covestro
Covestro offers a comprehensive portfolio of products and services, including Polymer Materials and Sustainable Solutions.
High-quality polymers are manufactured for applications in automotive and construction
Sustainable products are provided to support circular economy and climate neutrality efforts
People of Covestro
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Software Development Team
172 people
Sales and Marketing
68 people
Product Management Team
65 people
Leadership Team
36 people
Head Team
32 people
Human Resources and Administration
30 people
Global Team
26 people
Senior Team
23 people
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Funding Insights of Covestro
Investors in Covestro
Covestro has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include ADNOC, European Union and XRG.
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Provider of natural gas & oil distributor, processing, and refining services
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Investor details for Covestro
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Investments & Acquisitions by Covestro
Investment portfolio details for Covestro
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Financial Statements - Covestro
Detailed financials for Covestro
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Covestro Comparisons
Peer comparison for Covestro
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Competitors of Covestro
Detailed competitors of Covestro
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Latest news on Covestro
Complete news archive for Covestro
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Frequently Asked Questions about Covestro
Covestro was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Covestro is headquartered in Leverkusen, Germany. It is registered at Leverkusen, North Rhine-westphalia, Germany.
As of Dec 31, 2024, the latest employee count at Covestro is 17,500.
Annual revenue of Covestro is $14.73B as on Dec 31, 2024.
The company was founded in 2015 and is headquartered in Leverkusen, Germany. Operations focus on the production of high-performance polymers used in automotive, electronics, and construction sectors. Materials such as polyurethanes and polycarbonates are supplied globally through the covestro.com domain. In 2023, annual revenues reached 17.71 billion, while a net loss of 0.74 billion was recorded amid market challenges.
Covestro offers Polymer Materials and Sustainable Solutions.
Yes, Covestro is publicly traded on XETR under the ticker symbol 1CO.
Covestro has 3 investors. Key investors include ADNOC, European Union, and XRG.
The ticker symbol of Covestro is 1CO on XETR.