Covestro receives ISCC PLUS certification for its Map Ta Phut production site in Thailand
Polycarbonate plastics and films with reduced carbon footprint
The Map Ta Phut site of Covestro in Thailand recently received ISCC PLUS certification, an internationally recognized system for biomass and bioenergy sustainability certification. This means the company can now offer its customers in the ASEAN region large volumes of the high-performance plastic polycarbonate, including compounds and polycarbonate films, produced with alternative raw materials in the same good quality as their fossil-based counterparts.
"We are very pleased that Map Ta Phut is another major Covestro production site to be certified according to ISCC PLUS," says Timo Slawinski, Managing Director and Head of the site. "With this, we are continuing to drive forward the replacement of fossil raw materials with alternative precursors." The company received its first shipment of the mass-balanced raw materials phenol and acetone from an Asian supplier in August, producing its first batch of biocircular ISCC PLUS-certified polycarbonate in Map Ta Phut very recently.
The certificate enables Covestro to supply a wide range of mass-balanced products such as Makrolon® RE plastics and Makrofol® films at the cross-segment site, which have a significantly lower carbon footprint than fossil-based products. The first-mentioned plastics are part of the CQ family of circular intelligent solutions from Covestro. With the new CQ concept, the company is highlighting the alternative raw material base in its products, giving a clear indication to customers looking for such products.
In the mass balance approach, for example, bio-based or recycled raw materials are fed in at an early stage of raw material extraction and mathematically assigned to the finished products. This saves fossil raw materials and reduces CO2 emissions, while the quality of the mass-balanced products remains identical compared to purely fossil-based ones. With the drop-in solution, customers can continue to use their proven formulations, equipment, processes and specifications. At the same time, Covestro supports them in meeting their sustainability goals.
In addition to Map Ta Phut, Covestro's sites in Shanghai, Changhua, Leverkusen, Dormagen, Krefeld-Uerdingen, Antwerp and Filago have already been certified to the ISCC PLUS standard.
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).
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.