ÃÜÌÒAV to start offering mass-balanced TPU in Asia Pacific in second half of 2022
Growing portfolio based on alternative resources for regional markets
- Production of mass-balanced thermoplastic polyurethanes with reduced carbon footprint
- Products start to be available in Asia Pacific after European launch
- Taiwan site expected to be ISCC Plus certified in first half of 2022
As part of efforts to foster the circular economy, ÃÜÌÒAV is continuing to forge ahead with the expansion of its product portfolio based on alternative resources. As such, the company's product range in Asia Pacific will be expanded to include mass-balanced thermoplastic polyurethanes (TPU) in the second half of 2022, following the launch in the European markets.
The new products are produced using bioattributed or bio-circular attributed (e.g. used cooking oil) raw materials and have a reduced carbon footprint compared with 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.
"Asia Pacific is the most dynamic and fastest-growing region for our TPU products used in industries including IT, electronics, footwear, films and sheets and many others. We are looking forward to creating value for our customers here with more sustainable products including the mass-balanced TPU, directly from our production sites in the region," said Dr. Andrea Maier-Richter, global head of the TPU business at ÃÜÌÒAV.
"I am thrilled that we will soon be able to help our customers in Asia Pacific reduce their carbon footprint with this drop-in solution on the heels of our global footprint," said Lisa Ketelsen, head of Sales and Market Development and regional head for ÃÜÌÒAV's TPU business in Asia Pacific. "With the ISCC Plus certification, we aim to achieve more transparency from raw material purchasing to our production and distribution to customer use. This is an important step in achieving our vision of becoming fully circular."
Extensive range of more sustainable TPU plastics
ÃÜÌÒAV has already launched various TPU products based on alternative resources over the past few years, as more and more consumers prefer more sustainable products. Outdoor outfitter VAUDE, for example, uses a foam midsole made partly from bio-based TPU in its new Lavik Eco hiking boot. Other product types contain a component that is manufactured proportionately using CO? instead of fossil raw materials. ÃÜÌÒAV'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.
Thermoplastic polyurethanes are very versatile plastics. They come in a variety of hardness ranges, are flexible yet impact resistant, and are therefore highly suitable for a wide range of applications.
Mass balancing creates transparency
Supplying mass-balanced products is part of ÃÜÌÒAV's comprehensive global program designed to fully align itself with the circular economy. In doing so, the company is focusing on increasing the use of alternative resources such as bio-based materials, plastic waste and CO?, as well as renewable energies. The company is also collaborating with partners to develop innovative recycling technologies.
In mass balancing, fossil and alternative raw materials are mixed in production but treated separately in accounting. The chain-of-custody method enables materials to be tracked along the entire value chain and allows alternative resources, such as bioattributed components, to be allocated to selected end products. To date, three ÃÜÌÒAV production sites in Europe and Asia-Pacific have been certified in compliance with the ISCC Plus standard, with more sites to follow. That would include the Changhua site in Taiwan, ÃÜÌÒAV'a largest TPU production site in Asia, expected to be certified in the first half of 2022.
ISCC ("International Sustainability and Carbon Certification") is an internationally recognized system for the sustainability certification of biomass and bioenergy. The standard applies to all stages of the value chain and is recognized worldwide.
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
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