This year marks a first for Covestro, as the company will be represented for the first time at the China International Import Expo (CIIE), China’s most important national import expo, which was held in Shanghai from November 5th to 10th, 2021. The materials manufacturer will present innovative solutions and technologies related to the circular economy – including the use of alternative raw materials such as carbon dioxide and partially bio-based raw materials that replace fossil resources, as well as a novel, groundbreaking process for the chemical recycling of polyurethane mattress foam – under the motto “Pioneering a Circular Economy for a Climate-Neutral Future.”
Chief Executive Officer, Covestro AG
Commenting on the new motto, Dr. Markus Steilemann, Covestro’s CEO, said, “With our broad portfolio focused on the circular economy in various industries, we are strategically well positioned to support China’s sustainable development, particularly the country’s ambitions to become carbon neutral. Our vision to become fully circular is in line with China’s megatrends, as we recognize that China will play a key role in the transition to a circular economy.”
The mass-balanced MDI and polycarbonate made their debut in Asia.
The use of alternative raw materials is a major focus of Covestro’s involvement at CIIE. This includes the Asian debut of two ISCC PLUS-certified mass-balanced goods with a lower carbon footprint: MDI, a vital raw ingredient for polyurethanes (PU), and polycarbonate, a high-performance plastic made with imported raw materials.n Both include a considerable amount of alternative raw materials, such as plant waste, residual fats, and vegetable oils, which help to partially replace fossil fuels.And both are used in a wide range of applications: polyurethanes in insulation, upholstered furniture and automotive manufacturing; polycarbonates in the electronics, automotive and healthcare industries. Covestro’s mass-balanced products help make these end-use applications more sustainable, supporting the circular economy and, in some cases, climate neutrality.
Covestro is fully committed to the circular economy. The main industries served are the automotive and transportation industries, construction, furniture and wood processing, as well as electrical, electronics, and household appliances industries.
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