# Covestro goes private under XRG (ADNOC)

Covestro, a major MDI and polyurea raw-material supplier, is completing its exit from public markets under ADNOC's investment arm XRG.

- Type: Acquisition
- Announced: 2026-10-03
- Status: announced
- Products: MDI, polyurea raw materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Covestro](https://endata.com/companies/1705.md) (target)
- [XRG](https://endata.com/companies/14160.md) (acquirer)

## Sources

- [polyureamagazine.com](https://polyureamagazine.com/2026/10/03/coatings-ma-roundup-fall-2026/), 2026-10-03: "Covestro, a major MDI and polyurea raw-material supplier, is completing its exit from public markets under ADNOC's investment arm XRG."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.