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Covestro, formerly Bayer Materials Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. Covestro also has a sizeable specialty chemicals business that is focused on coatings and adhesives. Demand for the company's products is driven primarily by cyclical end markets, such as automotive, construction, and furniture. read more
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