As part of its program aimed at realizing the circular economy, Covestro is continuing to forge ahead with the expansion of its product portfolio based on alternative resources. As such, the company's product range in Europe is to be expanded to include mass-balanced thermoplastic polyurethanes (TPU) from as early as the beginning of 2022, and in Asia at a later date.The new products are produced using bioattributed raw materials and have a reduced carbon footprint in comparison to their fossil-based counterparts. At the same time, the mass-balanced products boast the same impressive quality and properties and can be integrated directly into manufacturing processes in downstream industries without technical modifications. In this context, the products are to be certified according to the ISCC Plus standard.Covestro has already launched various TPU products based on alternative resources over the past few years, as more and more consumers prefer more sustainable products. Covestro is offering a webinar on this topic on October 28 as part of its CE Days event series. Outdoor outfitter VAUDE, for example, plans to use a foam midsole made partly from bio-based TPU in its new Lavik Eco hiking boot. Covestro's range of Desmopan brand TPU plastics also includes a range of fully recycled products. They are used, for example, in smartphone cases from the Dutch manufacturer Fairphone.For identifying growth opportunities in the thermoplastic composites market, please visithttp://www.lucintel.com/thermoplastic_composites_market_2016_2021.aspx
Helping clients grow through game changer ideas, robust market and unmet needs analysis.
We make you smartest person in the room. Creating better value through winning strategies and better analytics-driven decisions.
Executed hundreds of consulting projects in various markets since 1998. Thought leadership in Wall Street Journal, Financial Times, Bloomberg, etc.
Subscribe to our FREE newsletter to learn about the emerging industry trends, opportunities, drivers and challenges