By using the greenhouse gas carbon dioxide to synthesize plastics, Covestro is helping to preserve increasingly scarce fossil resources and close the carbon loop. The company has developed a new technology for using CO2 to make substances, which are then used for the manufacture of premium foams. Under the new brand name cardyon®, Covestro now offers partners in the polyurethane industry the opportunity of reducing their dependence on oil and thus the size of their carbon footprint.
“Our customers want more sustainable raw materials, but also the same high product quality they achieved with conventional components,” explained project manager Dr. Karsten Malsch. “cardyon® is an equal alternative to conventional products. At the same time, customers can set themselves apart from the competition with our product.”
The technology also impressed EUROPUR, the European association of flexible polyurethane foam blocks manufacturers. At the association's 50th anniversary conference, it selected Covestro as winner of this year's Sustainability Award. Jean-Pierre de Kesel, chief sustainable innovation officer at Recticel, spoke on behalf of the jury, praising the outstanding contribution made by innovations of this kind to reducing the industry's ecological footprint. The award was presented in cooperation with the trade journal Urethanes Technology International.
Covestro will soon be commencing operation of the first production plant for CO2-based polyether polyols at its Dormagen site. The facility will produce raw materials for products such as the flexible polyurethane foams used in mattresses and upholstered furniture.
Covestro is collaborating with partners in industry and academia to develop further components and potential applications for CO2-based polyurethanes.
With 2015 sales of EUR 12.1 billion, Covestro is among the world’s largest polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, electrical and electronics, construction and the sports and leisure industries. Covestro, formerly Bayer MaterialScience, has 30 production sites around the globe and employs approximately 15,700 people (full-time equivalents) as of the end of 2016.
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This press release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available on the Covestro website at www.covestro.com. Covestro assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.