Summer 2026
Posted on 8/22/2025
Global supplier of polyurethanes and polycarbonates
No salary listed
Indiana, USA
In Person
Covestro makes high-tech polymers, such as polyurethanes and polycarbonates, that are used in everyday products like cars, building insulation, electronics, and footwear. Its materials work by forming durable plastics and foams that add strength, lightness, and other useful properties to end products. Covestro became independent from Bayer in 2015, and now operates as a standalone materials company that focuses on innovation and sustainability. It differentiates itself through its commitment to a circular economy, aiming to make its operations and products fully circular, and by forming strategic partnerships (for example with Abu Dhabi’s XRG) to accelerate growth and sustainability goals. The company’s goal is to provide advanced materials while reducing environmental impact and moving toward a fully circular materials system.
Company Size
10,001+
Company Stage
IPO
Headquarters
Leverkusen, Germany
Founded
2015
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Flexible Work Hours
Wellness Program
Covestro, Marquardt and E Ink develop pu-coated surface for adaptive automotive interiors. April 10, 2026 12:00 PM GMT+1 Leverkusen, Germany - Covestro, Marquardt and E Ink have developed a polyurethane-coated synthetic surface for automotive interiors. It allows an e-paper display to be embedded behind the material, while retaining the appearance and feel of a premium textile finish. The latest edition of Urethanes Technology International is now available Staying current is easy with newsletters delivered straight to your inbox.
Coaster now operating with ventofoils. Coastal vessel 'Amadeus Titanium' operated by HGK Shipping subsidiary Amadeus shiffahrts- und Speditions has recently been equipped with VentoFoils from Econowind at the dutch port town of harlingen. The vessel is chartered to polymer manufacturer Covestro. Its wind-assisted propulsion system (WAPS) technology makes use of wind power for the drive system and enables average fuel savings of about 10% with a corresponding reduction in the vessel's CO2 emissions. Nils Peterzelka, Sourcing Manager Regional Bulk Shipping, Covestro, said: "A very long cooperation arrangement based on trust connects us with our logistics partner, HGK Shipping. The equipment installed on board the Amadeus Titanium represents another important step taken within this relationship and is enabling us to make our supply chains even more sustainable." Wolfgang Nowak, MD Amadeus Schiffahrts- und Speditions, added: "By using WAPS, i.e. so-called wind assistance propulsion systems such as the VentoFoils from Econowind, we're able to save fuel in our short-sea transport operations for Covestro. This brings with it both economic and ecological benefits." Steffen Bauer, CEO HGK Group and HGK Shipping, said: "Technological progress will create more options to complete transport logistics operations in the maritime sector and in the waterways system with lower emissions in future. Working with strategic partners such as Covestro, we're seizing the opportunities that the market is opening up in the field of drive technologies, for example, or those that we're developing for the design of vessels, often in conjunction with our customers." Cristina-Maria Danila, Head of Global Supply Chain and Logistics, Covestro, added: "It's our goal to reduce our CO2 emissions in logistics by 30% by 2035 and already be climate-neutral in 2050. Today marks a further milestone in our transformation towards green logistics." Covestro and HGK Shipping have a long and successful partnership in inland waterway transport and short-sea shipping. The companies have signed the extension of a cooperation arrangement until 2040. Within this partnership, the Amadeus Titanium will exclusively transport Covestro products on European short-sea routes. Image: 'Amadeus Titanium', equipped with Econowind VentoFoils (credit: HGK Shipping)
Covestro finalizes a €1.5 billion revolving credit facility as majority shareholder XRG moves to s
Covestro and Fraunhofer UMSICHT plan pilot plant for recycling rigid polyurethane foam. 2026-03-24 20:47 Plastics manufacturer Covestro and Fraunhofer UMSICHT have agreed to set up and operate a pilot plant for the chemical recycling of rigid polyurethane foam. The plant is scheduled to go into operation in 2028 and process around 2,000 tonnes of end-of-life foam annually, according to Fraunhofer UMSICHT. The cooperation will focus on the smart pyrolysis technology developed by Covestro, which is said to convert hard-to-recycle PUR/PIR rigid foams - such as those from refrigerators or construction applications - back into high-purity aniline. This is then to serve as a feedstock for the production of MDI (methylenediphenyl diisocyanate) and, according to the information provided, achieves the same quality as conventionally produced material - with a CO[2] footprint reduced by up to 40 per cent. Fraunhofer UMSICHT states that it is contributing its process engineering expertise and existing infrastructure in the field of pyrolysis and chemical recycling to the project. The aim would be to scale the process from pilot scale towards industrial application, whilst optimising key operating parameters. The plant is also intended to supply sufficient product volumes for further testing and product development. The focus would be deliberately on rigid foam applications, as these are currently considered particularly difficult to recycle due to their highly cross-linked molecular structure. The technology would base on several years of research within the framework of the EU project "Circular Foam", which is coordinated by Covestro. Following successful laboratory and demonstration trials, the pilot plant now is said to mark the next step towards the commercial implementation of chemical recycling solutions for rigid polyurethane foam. Sources:
How is refrigerator insulation turned back into high-quality MDI? Covestro and Fraunhofer UMSICHT sign contract for groundbreaking smart pyrolysis recycling pilot plant. 12-Mar-2026 Joint technology upscaling for rigid foam recycling: COVESTRO and Fraunhofer UMSICHT plan pilot plant. Project team (from left): Dr Thomas Fehn, Group Manager Chemical Recycling and Downstream Processes, Fraunhofer UMSICHT; Dr Stefanie Eiden, Head of Pyrolysis Projects, Covestro; Dr Stephan Schubert, Head of Enabling Technologies, Covestro; Dr Alexander Hofmann, Head of Thermochemical Conversion Technologies, Fraunhofer UMSICHT; M. Eng. Sebastian Hänisch, Chemical Recycling and Downstream Processes, Fraunhofer UMSICHT (C) Sabrina Bauer / Fraunhofer UMSICHT