Snapshot
June 21, 2019

Covestro signs on as official sponsor for Houston Astros

Participating in this sponsorship deal:

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About Sponsor:

Covestro is a Bayer spin off formed in the fall of 2015 and formerly Bayer MaterialScience, Bayer's $12.3 billion materials science division. Covestro shares were first offered on the Frankfurt Stock Exchange in October 2015. Bayer sold off shares in 2017 and by September had a 24.6% stake, meaning that Bayer no longer had a controlling interest; Bayer's pension fund had an 8.9% stake managed separately.

About Property:

The Houston Astros are an American professional baseball team located in Houston, Texas. The team is a member of the West Division of Major League Baseball's American League (AL), having moved to the division in 2013 after spending their first 51 seasons in the National League. The Astros have played their home games at Minute Maid Park since 2000.

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Covestro and the Astros will ignite minds of Houston area youth in STEM fields through their collaborative partnership, including Orbit’s Science of Baseball Show for elementary schools. From left to right are Houston Astros’ Mascot Orbit; Rod Herrick, Covestro Baytown MDI-500 Venture Manager; Jennifer Walsh, Covestro Baytown Head of Communications; Reid Ryan, Astros President of Business Operations; and Dr. Randal O’Brien, Goose Creek CISD Superintendent. The partnership will bring science of athletics to Greater Houston students and ignite young minds to value of STEM principles
Read more at https://www.covestro.us/en/media/news-releases/2019-news-releases/2019-04-11-houston-astros-partnership.com »
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