Tag: Share

ADNOC Secures 91 Percent Share Stake in Covestro

ADNOC, the largest oil producer in the United Arab Emirates, has successfully gained control of 91.3% of outstanding Covestro shares, following an acceptance period that ended on December 16, 2024. ADNOC International Germany Holding AG, a wholly-owned indirect subsidiary of XRG P.J.S.C., announced that a total of 172 591 806 shares in Covestro have been […]

Covestro and RWE Increase Share of Renewable Power for Covestro’s Belgium Site

Covestro and RWE have signed a long-term power purchase agreement (PPA) for the supply of power and guarantees of origin from offshore wind turbines in the North Sea for the Covestro production site in Antwerp, Belgium. The contract runs from 2026 to 2030 and will enable Covestro to increase the share of renewable energy needed […]