Covestro's planned Antwerp restructuring could affect up to 260 employees

Bitget2026/10/15 09:04

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Covestro plans to reorganize Antwerp production, potentially affecting up to 260 of the site's roughly 970 employees.
The proposal would consolidate polycarbonate production from four lines to one and end local bisphenol-A production.
Employee consultations have begun; no final decision will be taken until the process concludes and its outcome is considered.
Antwerp operations have been increasingly loss-making since 2022 amid global overcapacity, high costs and weak demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Covestro AG published the original content used to generate this news brief on October 15, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Covestro's planned Antwerp restructuring could affect up to 260 employees

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