Covestro and CTOT forge strategic partnership to shape the future of vehicle displays
- Specialized polycarbonate (PC) films successfully applied in vehicle display light guide plates
- Initial order of 20 tons for Makrofol® LM807
- Enhanced partnership to expand use of PC films in vehicle displays
During the ongoing 6th China International Import Expo, Covestro and Changzhou Talent-display Optronics & Technology (CTOT) signed a strategic partnership aimed at advancing vehicle display technologies. The collaboration focuses on the enhanced application of specialized polycarbonate (PC) films to improve vehicle displays. Both companies are committed to jointly developing innovative products and technologies and will collaborate on their promotion to meet fast-evolving demands in human-vehicle interaction.
As automobile technology continues to progress in areas like integration, intelligence, electrification and data connectivity, the importance of displays as an interface for human-vehicle interaction is growing. Manufacturers not only need to ensure the reliability of these displays but offer flexibility in design to accommodate the rapid changes in new energy vehicles. In response, Covestro has teamed up with CTOT, a leading manufacturer of backlight modules, to explore tangible solutions.
Since this year, the partnership has led to the release of Makrofol® LM807, a high-quality PC light guide plate material designed for vehicle displays. Made with optically graded materials and processed with precision, Makrofol® PC films demonstrate excellent optical and physical properties along with consistent quality. These features enable light guide plates to accommodate larger and thinner screens. This aligns with the growing trend for expansive displays in electric vehicles, thereby enriching user experiences in both intelligence and entertainment. An initial order of 20 tons of Makrofol® LM807 has been placed by CTOT.
The latest strategic agreement will further consolidate the partnership between the two companies and expand their joint efforts into high-end industrial control displays. The goal is to provide display module manufacturers with high-performance, flexible, and efficient solutions.
During the signing ceremony, Dr. Caroline Wolff, head of Specialty Films in the Asia-Pacific region at Covestro, said, “Covestro is committed to providing high-quality products and continually looks for the best application scenarios. Improving user experience remains a key focus of our efforts at Specialty Films. This partnership marks a comprehensive strategic collaboration in the field of vehicle displays, and we look forward to collaborating with like-minded companies such as CTOT to further industry development.”
Yao Bin, general manager of CTOT said, “CTOT is dedicated to offering clients enhanced experiences and diverse choices. Our partnership with Covestro stands as a model, encouraging the industry towards the adoption of innovative technologies. In collaboration with Covestro, we aim to shape the future of vehicle displays.”
For a closer look at Covestro’s solutions for a fully circular future at the CIIE, visit us at booth 3B6-05, at the National Exhibition and Convention Center (Shanghai) from November 5 to 10, 2023.
Changzhou Talent-display Optronics & Technology Co., Ltd. (CTOT), as a leading supplier for major screen panel companies such as Tianma Microelectronics Co., Ltd. and Sharp, holds a 67% market share in the high-end industrial control backlight field. Located in Changzhou, CTOT has capitalized on the advantages of the Suzhou-Wuxi-Changzhou triangle industrial cluster, transforming into a top-notch R&D and production base for backlight displays in the eastern China region. CTOT specializes in medium and large-sized UV printing light guide panels, high-end industrial control, medical, and automotive backlight modules. With reliable products, high-quality services, and a production model tailored for small batches, diversity, and customization, the company has received widespread acclaim from customers.
Focusing on the development of medium and large-sized backlight modules, CTOT has tackled numerous technical challenges through research and innovation. With continuous technological upgrades and product innovations, CTOT has provided module solutions for leading automobile companies such as Chery, SAIC Motor, Dongfeng, and Changan. CTOT is certified under ISO9000, ISO14000, and IATF16949 quality management systems.
In the future, CTOT will adhere to the business philosophy of "Reliability and Innovation," continue deepening its expertise, and innovate together with you for mutual progress.
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 18 billion in fiscal 2022. At the end of 2022, the company had 50 production sites worldwide and employed approximately 18,000 people (calculated as full-time equivalents).
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.