- Focus on circular economy and resource conservation
- Covestro helps customers achieve their sustainability goals
- "Crafting Connections With You"
According to the company’s website press release on October 18, 2022, the world's leading plastics trade show K 2022 is all about using plastics to protect the climate, nature and resources. Covestro will present new products and materials there for many key areas that support the circular economy and climate neutrality. Under the motto "Crafting Connections With You", the booth will become a workshop where the company invites customers, partners and other stakeholders to work together on concepts to overcome major long-term challenges.
"Plastics are a must to drive the shared global vision of the circular economy and achieve climate neutrality. At K 2022, we want to highlight the huge potential of these advanced materials to solve global challenges and showcase promising developments," says CEO Dr. Markus Steilemann. "The show will also play an important role in bringing together partners in the value chains and from other sectors. The task now is to move forward together with rapid, major steps toward implementation."
Sucheta Govil, Chief Commercial Officer, adds: "We have set ourselves ambitious targets and want to become carbon neutral by 2035 for CO2 emissions from our operations and renewable energy supply, so that our customers can achieve their climate and sustainability goals. To achieve this, we are relying on close cooperations with them and many other partners," says Govil. "At the show, we will be showcasing innovative products and solutions from the fields of alternative raw materials, innovative recycling and renewable energies that pave the way to full circularity at Covestro."
Covestro will use K 2022 from October 19-26 for a multimedia appearance to network: At the booth, an exciting program of talks will be streamed live throughout in the "Talk Arena" with prominent guests. The Backstage area is a multifunctional space for hybrid events and interactive formats. An extensive digital platform – called "Space" – provides a lot of background information about the developments shown. Innovators and their developments for the circular economy are presented as part of the video series "Meet The Innovators".
Crafting Circular Economy
In this important area, Covestro shows how it is driving the transformation to a circular economy and aims to achieve climate neutrality in its own production and in its supply of renewable energy. With the introduction of the "CQ" label for products based on alternative raw materials, Covestro aims to create greater transparency and make it easier for customers to distinguish them from conventional, fossil-based products.
Another focus is on innovative recycling technologies. The "Recycling Technology Wheel" provides information on current developments. Chemolysis in particular holds great potential for the quantitative recovery of raw materials. Covestro is now introducing the name "Evocycle® CQ" for all evolutionary recycling processes as an extension.
Crafting Electrification
The shift from fossil to renewable energy sources is also linked to electrification of the important sectors of transport and buildings: The mobile and stationary future is electric. Plastics from Covestro will play an important role in all of these in the future – from power generation and storage to use in vehicles and at home.
Renewable energy also plays a role in a special exhibit: The "Photon," a prototype solar race car, is on display in the outdoor area of Hall 7A. This "Sonnenwagen" was designed and built by a dedicated team of students from Aachen, Germany, who have set themselves the task of developing and racing high-tech vehicles for a particularly sustainable form of mobility. Covestro is the main sponsor of the project.
Crafting Smart Designs
This exhibition area is dedicated to the possibilities of digitalization and open innovation approaches to work in a more connected and sustainable way along the entire value chain.
At K 2022, Covestro will present, among other things, new charging stations and wall charging stations (wallboxes) for future mobility, including the first wallbox produced by partner EVBox using more sustainable polycarbonates. These plastics from the Makrolon® RE range are produced proportionately from biowaste and residual materials, in part using renewable electricity, and therefore have a very low carbon footprint.
Crafting Sustainable Living
How can urban spaces be made more sustainable without compromising on consumer preferences? Covestro provides answers to this question in this exhibition area. The aims of the developments presented are greater comfort and design freedom, enhanced functionality, more sustainable and circular solutions, and energy-efficient living.
Covestro and Arcesso Dynamics, a custom polyurethane parts manufacturer, will introduce Arfinio® at K 2022, a breakthrough manufacturing solution for furniture, bathroom fixtures, electronic parts, housings and other applications based on reaction injection molding (RIM) of aliphatic polyurethanes.
All journalists are cordially invited to visit Covestro's booth A 75 in Hall 6. There you will have the opportunity to talk about the innovations and topics on display, and you can obtain the Covestro press kit for K 2022. If you wish, we will also be happy to give you a tour of the booth or arrange interviews.
About Covestro:
Covestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, cosmetics and health, as well as in the chemical industry itself.
The company is committed to becoming fully circular and is striving to become climate neutral by 2035 (scope 1 and 2). Covestro generated sales of EUR 15.9 billion in fiscal 2021. At the end of 2021, the company had 50 production sites worldwide and employed approximately 17,900 people (calculated as full-time equivalents).
Forward-looking statements
This news 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 at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
