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#Textile chemistry

Covestro extends contract with CTO Dr. Thorsten Dreier ahead of schedule until 2031

Dr. Thorsten Dreier will remain Chief Technology Officer of Covestro for a further five years. The Supervisory Board has extended his contract, which runs until June 2026, ahead of schedule from July 1, 2026 to June 30, 2031.
Covestro Chief Technology Officer Dr. Thorsten Dreier © 2025 Covestro
Covestro Chief Technology Officer Dr. Thorsten Dreier © 2025 Covestro


Continuity on the Board of Management

Dreier is Chief Technology Officer and Member of the Board of Management of Covestro since July 2023 and Labor Director since September 2023.

“Thorsten Dreier has significantly advanced Covestro's transition to climate-neutral production over the past two years, making an important contribution to Covestro's vision of a circular economy,” said Dr. Richard Pott, Chair of the Supervisory Board of Covestro AG. “We are convinced that Mr. Dreier will successfully continue the transformation of Covestro and we look forward to our continued collaboration."

"I am grateful for the trust placed in me. I am looking very much forward to continuing to drive the transformation of our company together with the Covestro employees and the Board of Management," said Dreier. “As Labor Director, it is very important to me to continue the trusting and constructive collaboration with the employees and the employee representatives that I have been able to establish in the past years."

In his role as Chief Technology Officer, Dreier assumes responsibility for the corporate functions Engineering, Process Technology, Group Health, Safety, Environment & Reliability and Group Procurement. In addition, the reporting segment Performance Materials is under his responsibility.

Other members of Covestro's Board of Management are Dr. Markus Steilemann as Chief Executive Officer, Christian Baier as Chief Financial Officer, Sucheta Govil as Chief Commercial Officer and Monique Buch, who will succeed Sucheta Govil as Chief Commercial Officer from August 2025.



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#Textile chemistry

Covestro and Heraeus Precious Metals collaborate to enable safer, more sustainable antimicrobial textile coatings

Laboratory tests reveal that AGXX antimicrobial surface technology from Heraeus Precious Metals is fully compatible with Impranil® PU dispersions which are part of the waterborne INSQIN® textile coating technology from Covestro, paving the way for more sustainable antimicrobial textile coatings. This discovery comes at a key moment for the textile coatings industry. As the sharing economy continues to grow, more people are coming into regular contact with high-use surfaces, creating ideal conditions for bacteria, viruses, and other microorganisms to thrive.

#Textile chemistry

Covestro celebrates decade of innovation and sustainable growth

Covestro celebrates its 10-year anniversary today. Since its carve-out from Bayer in 2015, the company has developed into a global leader in high-performance polymer materials and a pioneer in circular economy solutions. With a strong focus on innovation and sustainability, Covestro’s materials are now embedded in countless applications worldwide – from mobility and construction to electronics, healthcare, and consumer goods.

#Textile chemistry

Suiting up Team Sonnenwagen with more sustainable sportswear created through a three-way partnership

Team Sonnenwagen Aachen, a solar racing collective from RWTH Aachen and FH Aachen, Germany, is on a mission to advance sustainable mobility solutions and become world champions. This August, the student team will participate in the 2025 Bridgestone World Solar Challenge, a biannual 3,000-kilometer race across the Australian outback. During the five-day event, 50 student teams from around the world will compete with solar vehicles that they must design, assemble, and drive themselves.

#Textiles & Apparel / Garment

‘Beyond Leather Materials’ develops new, >85% bio-based leather alternative made with apple waste

Danish company ‘Beyond Leather Materials’ collaborated with German materials manufacturer Covestro to develop a protective coating based on INSQIN® technology for Beyond Leather Materials’ LEAP®. LEAP® is an innovative leather alternative made using apple waste generated in juice and cider manufacturing. The jointly developed coating uses INSQIN® technology based on polyurethane dispersions made with partially bio-based content.

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#Textile chemistry

PIGMENTURA by CHT wins the German Sustainability Award in the Products category

On Thursday, December 4, 2025, the German Sustainability Award was granted in Düsseldorf for the CHT Group's state-of-the-art pigment dyeing process PIGMENTURA.

#Textile chemistry

Archroma and Lilienweiss join forces to deliver faster and localized color management services in Europe

Archroma, a global leader in specialty chemicals focused on sustainable solutions, today announced its partnership with Lilienweiss, who will begin offering Archroma Color Management solutions across Europe starting January 2026.

#Man-Made Fibers

Ascend Performance Materials secures court approval for restructuring and appoints new CEO

Ascend Performance Materials has reached a major milestone in its Chapter 11 process: the U.S. Bankruptcy Court for the Southern District of Texas has confirmed the company’s Plan of Reorganization. Ascend expects to emerge from Chapter 11 by year’s end with a significantly improved capital structure. In parallel with the restructuring progress, Ascend announced a leadership change.

#Textile chemistry

Indorama Ventures ranks first globally in ChemScore 2025 for excellence in chemicals management and environmental performance

Indorama Ventures Public Company Limited (IVL), a global sustainable chemicals company, has been ranked first globally with a green card in ChemScore 2025, the internationally recognized benchmark developed by ChemSec, assessing the environmental performance and chemical management of the world’s 40 largest chemical companies. The company has consistently found itself in the top three ChemScore companies and scored twice as high on average as the Asia-based companies taken together.

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#Spinning

First PA66 spinning plant with EvoQuench successfully commissioned

With the successful commissioning of a multi-digit PA66 spinning line for microfiber yarns, Chinese textile company Shandong Nanshan Fashion Technology Co., Ltd. has added yarn production to its textile value chain.

#Knitting & Hosiery

SHIMA SEIKI returns to ShanghaiTex

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#Research & Development

Fraunhofer CCPE presents the “Monomaterial Design Set” – Innovative solutions for circular product design

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#Man-Made Fibers

arena introduces renewable LYCRA® EcoMade fiber in its latest swimwear collection

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