Covestro AG has its eyes set on a sustainable world in K 2022.
“Our long-term plan is to move towards a circular economy without climate goals,” Chief Commercial Officer Sucheta Govil said at a press conference on Oct. 18, the day before the industry exhibition opened in Düsseldorf, Germany.
Govil added that Covestro, founded in Leverkusen, Germany (Hall 6, Stand A75), needs to boost its energy and green energy purchases, aiming to be climate neutral by 2035.
In a press release, CEO Markus Steilemann added that plastics “are indispensable to drive the shared global vision of the circular economy and climate neutrality. . . We need to highlight the enormous perspective of these complex fabrics to solve demanding situations globally and provide promising solutions. “developments”.
In k 2022, the company is focusing on its QC (circular intelligence) product line that contains at least 25% biomass, recycled content or green hydrogen. traditional fossil-based products.
“We need to make sure we’re offering our consumers answers they can seamlessly integrate into their production processes,” Govil said.
But today’s market has its percentage of challenges.
“The world is facing a crisis,” Govil said. There is the war [in Ukraine], the energy crisis, inflation and the recovery from the [COVID-19] pandemic. “
Supply chain issues also create demanding situations for Covestro and other fabric companies.
“You can no longer just say you need to do something in one component of the global and send it to another,” Govil added. He also said that while origin chains are thanks to increased foresight, they are also being tested through continued volatility. and the best energy prices in Europe.
Covestro is running a polyurethane foam bed recycling program, and lab-scale samples are expected to be available to consumers by 2023. Allocation factory in Leverkusen. Partner corporations are now making plans to make the allocation to commercial processing of flexible foams larger.
Covestro and PU portion manufacturer Arcesso Dynamics will also showcase Arfinio at K 2022. The procedure is a production solution for furniture, bathroom accessories, electronic portions and other programs based on aliphatic PU injection and reaction molding (RIM).
Renewable energy also plays a role in Covestro’s display of the Photon, a prototype solar race car. This vehicle “sonnenwagen” designed and built by a team of academics from Aachen, Germany. technological cars to locate sustainable mobility.
Covestro is also introducing new charging stations and wall enclosures for long-term mobility, adding the first wall enclosure made from EVBox’s Makrolon brand polycarbonate resins, more durable. These fabrics are made proportionally from biological waste and residual fabrics and have a low carbon footprint.
K 2022 is the next step in what has been a busy year for Covestro. In August, the company sold its additive production to Stratasys Ltd. for 43 million euros ($43. 8 million). The sale includes employees, R facilities
In February, Covestro added two new PC preparation lines at its plant in Noida, India. The new lines more than double Covestro’s annual PC preparation capacity on site. This is the company’s first primary in India since 2015.
In the automotive market, Covestro and molding generation company X2F are running together to expand a thermoconductive automotive heat sink with in-mold electronics. demonstrate in K 2022.
The new heatsink is molded from a PC with the Makrolon logo that is almost 50% lighter than the typical aluminum component. Work related to the installation of brackets, screws and adhesives.
Covestro is a global supplier of PC resins and films, thermoplastic PU, PU fabrics and foams and other specialty chemicals and fabrics. The company employs about 18,000 more people and made profits of 15. 9 billion euros ($16. 2 billion) in its fiscal year 2021. .
Do you have an opinion on this story?Do you have any concepts that you would like to share with our readers?Plastics News would love to hear from you. Email your letter to the editor at [email protected]