ÃÜÌÒAV expands production of partially bio-based coatings materials in Asia Pacific
Supporting customers¡¯ sustainability goals
- Desmophen? CQ NH contains at least 25 percent bio-based content and is now available in Asia Pacific
- Produced at company¡¯s Foshan site in southern China, powered entirely by renewable energy
- High-performance product finds applications in wind turbine coatings, flooring coatings and grouts
Materials manufacturer ÃÜÌÒAV has furthered its localization and sustainability efforts in the Asia-Pacific region by launching production of a partially bio-based raw material for coatings, widely used in construction and infrastructure applications. This month, the company began ramping up production of Desmophen? CQ NH polyaspartic resins at its Foshan site in southern China, following a recent launch in Europe during the third quarter. This local production reduces delivery times and ensures a stable supply for regional customers seeking sustainable solutions.
Desmophen? CQ NH polyaspartics contain at least 25 percent bio-based content, contributing to a lower carbon footprint, and maintain the high performance of their fossil-based predecessors. These resins offer excellent chemical and weather resistance, ensuring long-lasting stability and protection across diverse environments. With rapid curing properties, they enhance construction efficiency for a quicker return to operations. Additionally, they are formulated to minimize VOC and odor emissions, supporting a reduced environmental impact. Key applications include wind turbine coatings, flooring coatings and grouts.
Notably, the Foshan site is entirely powered by renewable energy sourced from offshore wind farms in southern China, further reducing the cradle-to-gate carbon footprint of Desmophen? CQ NH.
¡°ÃÜÌÒAV is dedicated to promoting a circular economy, which includes expanding the use of alternative raw materials and transitioning to renewable energy in production,¡± said Anand Khot, Senior Vice President of Coatings and Adhesives for Asia Pacific at ÃÜÌÒAV. ¡°Our local production of partially bio-based Desmophen? CQ NH demonstrates our commitment to building a stable and efficient supply network in Asia Pacific that quickly adapts to market needs, supporting our customers¡¯ and end-users¡¯ requirements for increased circularity.¡±
Desmophen? CQ NH is part of ÃÜÌÒAV¡¯s Pasquick? fast-curing coating technology and can also be paired with other partially bio-based products, such as Desmodur? CQ aliphatic polyisocyanates, within the Pasquick? technology portfolio.
Currently, ÃÜÌÒAV locally produces about 75 percent of its products sold in the coatings and adhesives industry across Asia Pacific, reinforcing the company¡¯s commitment to strengthening manufacturing in the region.
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.