Covestro begins delivery of novel product based on carbon dioxide

Climate gas in foam component for mattresses

LEVERKUSEN, 14-Dec-2016 — /EuropaWire/ — Innovation on the plastics market: Materials manufacturer Covestro has begun delivery of a novel product based on carbon dioxide. The first tanker left the company’s Dormagen site near Cologne, Germany, on Tuesday. Covestro has now officially started production in the plant it inaugurated in Dormagen this past summer. The plant uses the climate gas to produce a key component for foams used in mattresses and upholstered furniture.

The CO2 serves as a new raw material, replacing a portion of the petroleum on which the precursor is usually based. This contributor to sustainability and pioneering scientific achievement has now commenced industrial production.

Milestone reached

“We have reached another milestone. The plant is running smoothly, and the first shipment of our new flexible foam component made with CO2 is on its way to the customer,” said project manager Dr. Karsten Malsch. “We have been working continuously toward this moment ever since our initial research several years ago. We are thrilled to have reached this point and are using it as motivation to continue our efforts in this area.”

Covestro is working to integrate even more carbon dioxide into its products. In the case of the precursor from the Dormagen plant, a “polyol,” the CO2 content is roughly 20 percent. Other projects have already achieved contents of over 40 percent in the lab. Covestro is also striving to use carbon dioxide for the manufacture of other products besides flexible foam. Potential products that have already been tested in the lab include precursors for rigid foam and elastomers. The company is also willing to license the technology. This would conserve limited petroleum resources throughout the industry while reducing refining, which is energy and emissions intensive.

About Covestro:
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 as of the end of 2015 employed approximately 15,800 people (full-time equivalents).

Find more information at www.co2-dreams.covestro.com.

Forward-looking statements
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.

SOURCE: Covestro AG

PRESS CONTACT

Markus Kleine-Beck
Covestro AG
Communications
51373 Leverkusen
Germany
Phone: +49 214 6009 6697
Markus.Kleine-Beck@covestro.com