Canvas Category OEM : Chemical

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Primary Location Leverkusen, Germany

Financial Status FRA: 1COV

Covestro is among the leading suppliers of premium polymers. Our materials and application solutions are found in nearly every area of modern life. Innovation and sustainability are the driving forces behind the continuous development of our products, processes and facilities.

Assembly Line

Stratasys set to acquire Covestro's 3D printing materials business

📅 Date:

✍️ Author: Sam Davies

🏢 Organizations: Stratasys, Covestro

Stratasys has announced an agreement with Covestro to acquire the chemical company’s additive manufacturing business. The deal is expected to close in Q1 of 2023. The deal includes a fixed amount of 43 million EUR and the potential earnout of up to 37 million EUR subject to the achievement of various performance metrics. It is expected to close in Q1 2023 and follows Stratasys’ acquisitions of Origin, RPS and Xaar 3D in the last two years.

Read more at TCT Magazine

Seeq Accelerates Chemical Industry Success with AWS

📅 Date:

🔖 Topics: IIoT

🏭 Vertical: Chemical

🏢 Organizations: Seeq, AWS, Covestro, allnex

Seeq Corporation, a leader in manufacturing and Industrial Internet of Things (IIoT) advanced analytics software, today announced agreements with two of the world’s premier chemical companies: Covestro and allnex. These companies have selected Seeq on Amazon Web Services (AWS) as their corporate solution, empowering their employees to improve production and business outcomes.

Read more at Automation