Chemicals maker Covestro Q3 profit beats on cost-cutting, demand recovery

Chemicals maker Covestro Q3 profit beats on cost-cutting, demand recovery
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27.10.2020

MOSCOW (MRC) -- German chemicals maker Covestro reported a better-than-expected third-quarter profit on Tuesday, citing cost-cutting measures, improved volumes in Asia-Pacific and demand recovery after a coronavirus-induced slump, said Reuters.In the second quarter, the company had managed an unexpectedly swift rebound from a pandemic-related slowdown and finance chief Thomas Toepfer had

Full article at mrcplast.com

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