What does Covestro do?
Emma Martin
Published Mar 14, 2026
What does Covestro do?
Covestro is a leading producer of advanced polymers and high-performance plastics in the United States and around the world.
What does Covestro stand for?
In its unveiling of Covestro last week, the company explained the etymology of the new name: “Co” stands for collaborate, “vest” represents investment, and “stro” indicates strength. Bayer MaterialScience is one of the world’s largest suppliers of polycarbonate plastics and polyurethane chemicals and materials.
Where is Covestro located?
Pittsburgh, PA
Company Description: Covestro LLC is located in Pittsburgh, PA, United States and is part of the Paint, Coating, and Adhesive Manufacturing Industry.
When was Covestro founded?
September 1, 2015
Covestro/Founded
What kind of company is Covestro?
Covestro AG
Covestro AG is a German company which produces a variety of polyurethane and polycarbonate based raw materials. Products include isocyanates and polyols for cellular foams, thermoplastic polyurethane and polycarbonate pellets, as well as polyurethane based additives used in the formulation of coatings and adhesives.
How many employees does Covestro have?
The backbone of our organization’s success are our 17,200 employees, who work at around 30 sites across the globe – from smaller technical centers and innovation hubs to large-scale production plants. Our activities are coordinated from our corporate headquarters in Leverkusen, Germany.
Who are Covestro competitors?
Covestro’s top competitors include SWM, NIKOCHEM, DRT and Deepak Fertilisers and Petrochemicals. Covestro, formerly Bayer MaterialScience, is one of the world’s leading suppliers of high-tech materials helping to meet the major challenges of our time.
How many countries is Covestro in?
22 countries
As of December 31, 2019, the Covestro Group comprised 47 consolidated companies in 22 countries in addition to Covestro AG and employed around 17,201 employees*.
Is Covestro a manufacturing company?
The Leverkusen-based company is now one of the world’s leading manufacturers of high-tech polymer materials. Covestro is headquartered in Leverkusen and operates production facilities at 33 sites worldwide.
How big is Covestro?
What industry is Covestro?
Covestro AG is a German company which produces a variety of polyurethane and polycarbonate based raw materials….Covestro.
| Type | Aktiengesellschaft |
|---|---|
| Industry | Chemicals & Materials |
| Predecessor | Bayer MaterialScience |
| Founded | 1 September 2015 |
| Headquarters | Leverkusen, Germany |
Is Covestro owned by Bayer?
Covestro AG is a German company which produces a variety of polyurethane and polycarbonate based raw materials. It is a Bayer spin off formed in the fall of 2015 and was formerly called Bayer MaterialScience, Bayer’s materials science division.