Covestro AG

History

YearDetail
1863 Covestro AG was founded as Friedr. Bayer et comp.
1927 Invented first synthetic coating raw material.
1937 The discovery of polyurethanes.
1953 Discovered polycarbonate.
1970 Established the world's biggest hydrazine plant.
1990 Extended its global presence.
2001 Expanded its business to China.
2015 Bayer MaterialScience becomes a separate legal entity operating under the name Covestro.
2016 Covestro opens a plant capable of converting waste gas carbon dioxide into raw material for plastics.
2017 Covestro announces intentions to produce aniline from biomass.