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Covestro launches partially biobased polycarbonate film

July 23/2020

MOSCOW (MRC) -- Covestro has recently introduced a new polycarbonate (PC) film with more than half of its carbon content sourced from plant-based raw materials, reported Chemweek.

The partially biobased film, in which a portion of oil-based primary products are replaced by biomass material, will be the first in the companys product portfolio and will reduce the films carbon dioxide (CO2) footprint by approximately 20%, it says. Increased use of alternative resources for in-house production is part of the companys long-term strategic program as it fully commits to a circular economy, it adds.

The new film can be used in applications in the electrical, consumer, and automotive industries, as is typical for conventional PC films, Covestro says.

As MRC informed earlier, Covestro has closed the sale of its European polycarbonates (PC) sheets business to the Munich-based Serafin Group effective January 2, 2020. This includes key management and sales functions throughout Europe as well as production sites in Belgium and Italy.

According to MRC's ScanPlast report, Russia's estimated PC consumption (excluding imports and exports to/from Belarus) rose in January-May 2020 by 19% year on year to 38,900 tonnes  (32,700 tonnes a year earlier).

Covestro (formerly Bayer MaterialScience) is an independent subgroup within Bayer. It was created as part of the restructuring of Bayer AG from the former business group Bayer Polymers, with certain of its activities being spun off to Lanxess AG. Covestro manufactures and develops materials such as coatings, adhesives and sealants, polycarbonates (CDs, DVDs), polyurethanes (automotive seating, insulation for refrigerating appliances) etc. With 2018 sales of EUR 14.6 billion, Covestro has 30 production sites worldwide and employs approximately 16,800 people (calculated as full-time equivalents) at the end of 2018.
Author:Margaret Volkova
Tags:Europe, bioplastics, PC, sheet extrusion, film extrusion, petrochemistry, film, Bayer, Covestro, Russia.
Category:General News
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