Covestro AG

Covestro AG

$63.65
0 (0%)
PNK
USD, DE
Chemicals - Specialty

CVVTF Price Chart

Basic
Market Cap$10.66B
Price$63.65
52 Week Range47.85-59.85
Beta1.17
Margins
Gross Profit Margin15.82%
Operating Profit Margin0.65%
Net Profit Margin-2.30%
Valuation (TTM)
P/E Ratio-33.79
Price to Sales Ratio0.78
Price to Book Ratio1.65
PEG Ratio0.60

Industry

Chemicals - Specialty

Sector

Basic Materials

Full-Time Employees

17,509

IPO Date

2017-02-02T00:00:00.000Z

Description

Covestro AG supplies high-tech polymer materials and related application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications. The Solutions & Specialties segment comprises a range of polymer products, including precursors for coatings and adhesives, polycarbonates, MDI specialties and polyols, specialty films, elastomers, and thermoplastic polyurethanes that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for wind turbine, rotor blades, laptop cases, and floodlights. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.

Phone

49 214 6009 2000

Address

Kaiser-Wilhelm-Allee 60, Leverkusen, 51373, DE

CIK