LEVERKUSEN, Germany - One of the world’s leading polymer materials suppliers has a new identity. As of September 1, 2015, Bayer MaterialScience is operating under the Covestro name. The company is now legally and economically independent, but will remain a 100-percent subsidiary of Bayer AG. Bayer wants to float Covestro on the stock market by mid-2016 at the latest in order to concentrate exclusively on the life sciences businesses.
Covestro has a new, colorful logo. Its vision is also new: To make the world a brighter place. “We fulfill this vision by inspiring innovation and driving growth through profitable technologies and products that benefit society and reduce environmental impacts,” said Covestro CEO Patrick Thomas.