Covestro Cuts 2025 Profit Forecast, Shifts to Local Production
ByAinvest
Tuesday, May 6, 2025 4:14 am ET1min read
AG--
Covestro AG, a Germany-based chemical maker, has cut its 2025 profit forecast and plans to increase local production. The company's activities are divided into three segments: Polyurethanes, Polycarbonates, and Coatings, Adhesives, Specialties. The company develops, produces, and markets polymer materials, including precursors, plastic polycarbonates, and precursors for coatings, adhesives, sealants, and specialties.
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