2023 CIIE
ÃÜÌÒAV 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, ÃÜÌÒAV 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, ÃÜÌÒAV 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.
Enhanced partnership
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 ÃÜÌÒAV, said, ¡°ÃÜÌÒAV 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 ÃÜÌÒAV stands as a model, encouraging the industry towards the adoption of innovative technologies. In collaboration with ÃÜÌÒAV, we aim to shape the future of vehicle displays.¡±
For a closer look at ÃÜÌÒAV¡¯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.
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.