28
November
2019
|
00:00
Europe/Amsterdam

CO? Innovation in the Limelight

Final Round of German President¡¯s Award

Summary

? Team from ÃÜÌÒAV and RWTH Aachen among the best
? New method reduces oil consumption in plastics production
? CO?-based products more recyclable

CO2 instead of crude oil: A new method for the use of carbon dioxide as a raw material ranks among the year¡¯s best innovations in Germany. This helped a team from the materials manufacturer ÃÜÌÒAV and RWTH Aachen to make it to the final round of the renowned German President's Award for Innovation in Science and Technology, which was presented on Wednesday evening at a Gala in Berlin by Federal President Frank-Walter Steinmeier. The new technologies make CO2 usable in plastics production and thereby reduces fossil resources like petroleum.

ldquo;Team CO2¡±, which made it among the three finalists and presented its innovation on stage in Berlin, consists of Dr. Christoph G¨¹rtler and Dr. Berit Stange from ÃÜÌÒAV, as well as Professor Walter Leitner, who teaches and performs research at RWTH Aachen and the Max-Planck Institute for Chemical Energy Conversion. The trio played a major role in the development and market launch of this innovative method. The German President¡¯s Prize (or ¡°Deutscher Zukunftspreis¡±) is handed out annually for outstanding achievements in technology and natural science that lead to market-ready products.

¡°Innovation is a perfect fit for the times¡±

¡°We are very happy that we made it to the final round. The idea behind CO2 innovation fits in perfectly with the times: Fossil sources such as crude oil can no longer be the industry¡¯s central resource if the world is heading towards a future that is low in greenhouse gases," said ÃÜÌÒAV CEO Dr. Markus Steilemann. ¡°The award has encouraged us to continue working intensively on developing innovative solutions for greater sustainability in many areas. Together with partners from the business and scientific community, we will continue to forge ahead with the development of alternative resources such as CO2. As a chemicals and research location, Germany can make a name for itself in this field.¡±

Contributing to resource conservation and circular economy

According to team spokesperson G¨¹rtler, using CO2 contributes to resource conservation by partially replacing the conventional raw material oil as the sole source of carbon. At the same time, it also makes it possible to produce more recyclable plastics whose components could be recycled more easily. In addition, the circular economy will benefit from the reuse of carbon dioxide. ¡°We also see considerable potential for value creation by using CO2,¡± stressed G¨¹rtler, who is responsible for developing new methods and products at ÃÜÌÒAV.

¡°With the new platform technology, CO2 can be used to develop a wide range of high-quality plastics,¡± explained Berit Stange. She is responsible for the circular economy in a leading position at ÃÜÌÒAV and supports the marketing of the new method.

Chemical precursors with CO2 (polyols) are already on the market for producing soft foams (polyurethane) for mattresses and soft furniture. The new material cardyon? is now also used for sports flooring. Further areas of application include elastic textile fibers, insulation and car interior applications.

Breakthrough in catalysis research

The use of CO2 was conceived in a research breakthrough. The difficulty that CO2 has in forming chemical bonds was a great challenge that was overcome. The solution was essentially found in a custom-made catalyst. It controls the chemical reaction so that it is environmentally friendly, economical and efficient.

This breakthrough was achieved by experts from ÃÜÌÒAV and the CAT Catalytic Center, a research institute jointly operated by the company and the RWTH Aachen. Experts had been searching for such a catalyst for decades.

Boilerplate

About ÃÜÌÒAV: 
ÃÜÌÒAV 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. ÃÜÌÒAV 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 ÃÜÌÒAV are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself.

The company is geared completely to the circular economy. In addition, ÃÜÌÒAV aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group¡¯s Scope 3 emissions are also set to be climate neutral by 2050. ÃÜÌÒAV generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 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 ÃÜÌÒAV. 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 ÃÜÌÒAV¡¯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.