On July 12, 2025, there was a fire in an external substation at Chempark Dormagen, which is operated by the chemical site operator Currenta. The fire caused a power failure in parts of the Chempark, which also affects polyurethane dispersion (PUD) and polyether polyol (PET) operations, the chlorine plant, as well as, among others, the toluene diisocyanates (TDI) production of Covestro as an affected customer. Force majeure was declared for deliveries of all relevant product groups from Dormagen. Initial preliminary estimates indicate a potential negative impact on EBITDA in the high double-digit to low triple-digit million euro range for fiscal 2025. For fiscal 2026, based on current knowledge, a potential damage impact cannot be assessed either in terms of its occurrence or regarding the financial scope.
Leverkusen, July 29, 2025
Covestro AG
The Board of Management