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Covestro
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Developer and manufacturer of plastics and advanced materials

Founded in 2015
Founded in

Company type Acquired Public ()
Company type

Industry Group materials & chemicals

Sector advanced materials

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Germany Leverkusen, Germany
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Updated by Sunena Gupta at on 03/31/2025

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Date Partner Type
11/21/2024
Ausell Ausell
Covestro partnered with Ausell to recycle 1M polycarbonate water barrels annually, to convert them into high-performance post-consumer recycled polycarbonates for various industries.
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Date Investors Type Amount
10/11/2021 Horizon 2020 Horizon 2020 (1)
Post-money valuation of
Covestro will coordinate the EU innovation project, CIRCULAR FOAM, involving 22 partners from nine countries. The project will develop an innovative chemical recycling processes for rigid polyurethane foams. Project partners include RWTH Aachen University and its CAT Catalytic Center, ETH Zurich, BioBTX and the University of Groningen.
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Makrofol® EC

Polycarbonate film with more than 50 percent of its carbon content sourced from plant-based biomass.

 Wide Commercial Availability Products - Retail
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