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In this article, we're taking a look at the chemical company Covestro. This is a business with a focus on PU and PC - or Polyurethane/Polycarbonate.
This company was once Bayer's division focused on Material Science. The company was IPO'ed in 2015, and Bayer no longer has any stake in it (only 6.8% through its pensions).
This is an attractive, €10 billion market cap play on chemicals.
I view it as a "BUY" and own stock in the company.