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Covestro: Chemicals Group Sees No Recovery This Year

Summary by Handelsblatt
Adnoc, a member of the Arab oil producer, is reducing expectations. The economy remains weak, underscores CEO Markus Steilemann – and comments on the reasons for his departure in 2028.

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Covestro: Chemicals Group Sees No Recovery This Year

Adnoc, a member of the Arab oil producer, is reducing expectations. The economy remains weak, underscores CEO Markus Steilemann – and comments on the reasons for his departure in 2028.

·Düsseldorf, Germany
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ikz-online.deikz-online.de

Change at the Chemical Company Covestro: that's How the Boss Explains His Farewell

The situation at the chemical company Covestro is tense: a high loss in the balance sheet, new owners – and the boss wants to stop in 2028.

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Handelsblatt broke the news in Düsseldorf, Germany on Thursday, February 26, 2026.
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