Covestro Competitors and Similar CompaniesClear all
Covestro's competitors and similar companies include VELOX and Formosan Rubber Group.
 VELOX VELOX is a company that distributes raw materials and provides solutions for the plastics, composites, additives, rubber, paints and coatings industries. |  Formosan Rubber Group Formosan Rubber Group (FRG, 厚生股份有限公司) is a company that manufactures plastic, rubber, and synthetic leather products. | ||
Founding Date | Founding Date 2015 | Founding Date 1993 | Founding Date 1952 |
Type | Type Public | Type Subsidiary | Type Public |
Tags | |||
Locations | Locations Leverkusen, DE HQ São Paulo, BR Shanghai, CN Brunsbüttel, DE Dormagen, DE Krefeld, DE Leverkusen, DE see more | Locations Hamburg, DE HQ Varese, IT Barcelona, ES | Locations Taipei, TW HQ Shanghai, CN Hong Kong, HK Taipei, TW |
Employees | Employees 17,660 | Employees 901% decrease | Employees 1915% decrease |
Financial | |||
Revenue (est.) | Revenue (est.) €12.9b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) NT$1.5b (FY, 2024) |
Cost of goods | Cost of goods €10.1b (FY, 2025) | Cost of goods N/A | Cost of goods NT$903.5m (FY, 2024) |
Gross profit | Gross profit €3b (FY, 2025) | Gross profit N/A | Gross profit NT$584.1m (FY, 2024) |
Net income | Net income (€643m) (FY, 2025) | Net income N/A | Net income NT$573.5m (FY, 2024) |
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VELOX
HQ
Hamburg, DE
VELOX is a company that distributes raw materials and provides solutions for the plastics, composites, additives, rubber, paints and coatings industries.
View companyFormosan Rubber Group
HQ
Taipei, TW
Employees
191↓ 5% decrease
Formosan Rubber Group (FRG, 厚生股份有限公司) is a company that manufactures plastic, rubber, and synthetic leather products.
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