Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Covestro AG
  6. News
  7. Summary
    1COV   DE0006062144

COVESTRO AG

(1COV)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 01/26 12:36:59 pm
53.8 EUR   +5.66%
02:08aCOVESTRO : Jefferies reiterates its Neutral rating
MD
02:04aCOVESTRO : JP Morgan sticks Neutral
MD
01/25COVESTRO : supports circular material solutions for smartphones
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Covestro : receives the German Design Award for its CMF Aesthetics Toolkit

11/18/2021 | 04:52am EST

As announced by the German Design Council, Covestro'sCMF Aesthetics Toolkit will receive the German Design Award 2022 in the category "Excellent Product Design - Material and Surfaces." The toolkit is designed to inspire designers to explore the many aesthetic and functional possibilities of polycarbonate in the field of color, material and finish (CMF). Developed in collaboration with renowned designer Chris Lefteri and Chris Lefteri Design Ltd, it is designed to pave the way for inspiring dialogue and creative collaboration between Covestro and its Color & Design (CMF) team with designers and CMF experts.

"For designers, samples are key to understanding a material's potential, but they are products that rarely get the attention they deserve from material suppliers," says Chris Lefteri. "Polycarbonate has some outstanding aesthetic properties that are showcased in the aesthetic toolkit we designed for Covestro. The shape, form and outline draw attention to its inherent transparency, color and surface effects that highlight its glass-like qualities. Through the interplay of the two parts, which can be overlaid in color, it is intended to inspire new applications and facilitate dialogue between designers and Covestro."

The Aesthetics Toolkit shows CMF trends on different polycarbonate substrates - depending on the industry, application, color, texture and functionality. 24 trending colors and textures help designers understand the properties of polycarbonates while capturing the visual effects of different combinations in novel 3D form factors.

"We are very honored and excited to receive this prestigious award. It is a confirmation of Covestro's expertise and activities in CMF. We are a leading materials supplier, and our ambition goes well beyond just providing materials," says Dr. Christopher Stillings, Vice President, Global Head of Color & Design (CMF) in Covestro's Engineering Plastics segment. "By working with Chris Lefteri, we look forward to inspiring more designers and CMF experts to create and realize aesthetic, efficient design and inspiring products with polycarbonate."

He adds, "We see designers and CMF experts as key partners for innovation and want to work more closely with them by offering our capabilities from front-end trend research to back-end design applications. Covestro offers sustainable material solutions that deliver both high aesthetic value and high performance."

The German Design Awards, which are among the most prestigious design prizes in the world, enjoy an excellent reputation far beyond specialist circles and are presented annually by the German Design Council.

Disclaimer

Covestro AG published this content on 18 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2021 09:51:03 UTC.


ę Publicnow 2021
All news about COVESTRO AG
02:08aCOVESTRO : Jefferies reiterates its Neutral rating
MD
02:04aCOVESTRO : JP Morgan sticks Neutral
MD
01/25COVESTRO : supports circular material solutions for smartphones
PU
01/24COVESTRO AG : Notification and public disclosure of transactions by persons
EQ
01/19Covestro and Genomatica Produces Important Chemical Raw Material Using Biotechnology
CI
01/18COVESTRO : UBS reiterates its Neutral rating
MD
01/18COVESTRO : Goldman Sachs remains its Buy rating
MD
01/18Covestro Buys Remaining 30% Stake Of Japan Venture To Bolster Optical Coatings Position
MT
01/18COVESTRO : becomes sole owner of Japan Fine Coatings Co., Ltd.
PU
01/17Fortescue's Forrest says German hydrogen deal is just the start
RE
More news
Analyst Recommendations on COVESTRO AG
More recommendations
Financials
Sales 2021 15 432 M 17 400 M 17 400 M
Net income 2021 1 633 M 1 841 M 1 841 M
Net Debt 2021 1 183 M 1 334 M 1 334 M
P/E ratio 2021 6,04x
Yield 2021 6,97%
Capitalization 9 830 M 11 089 M 11 083 M
EV / Sales 2021 0,71x
EV / Sales 2022 0,69x
Nbr of Employees 17 883
Free-Float 97,0%
Chart COVESTRO AG
Duration : Period :
Covestro AG Technical Analysis Chart | 1COV | DE0006062144 | MarketScreener
Technical analysis trends COVESTRO AG
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 50,92 €
Average target price 66,41 €
Spread / Average Target 30,4%
EPS Revisions
Managers and Directors
Markus Steilemann Chief Executive Officer
Thomas Toepfer Chief Financial Officer & Labor Director
Richard Pott Chairman-Supervisory Board
Klaus Schńfer Chief Technology Officer
Petra Kronen Vice Chairman-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
COVESTRO AG-6.05%11 089
DOW INC.0.81%42 291
LG CHEM, LTD.7.97%39 691
FORMOSA PLASTICS CORPORATION0.96%23 987
HANGZHOU FIRST APPLIED MATERIAL CO., LTD.-7.28%17 614
FORMOSA CHEMICALS & FIBRE CORPORATION-2.48%16 577