Recently, during the China International Coatings Exhibition, Covestro held a media meeting at its Asia-Pacific Innovation Center in Shanghai and released five major low-carbon and environmentally friendly coating solutions to assist the green transformation of many industries. Gao Anan, senior vice president of Covestro's Coatings and Adhesives Division in the Asia-Pacific region, said that China is one of Covestro's largest markets in the world, and Covestro will continue to deeply explore the Chinese market and empower industry customers to develop.
Deeply explore the Chinese market and empower industry development
Gao Anan said: "The five low-carbon polyurethane coating solutions released this time involve rail transit, infrastructure construction, printing and packaging, industrial coating and alternative raw materials. The new water-based polyurethane dispersion (PUD) factory recently completed in Caojing, Shanghai, It will protect the growing demand for environmentally friendly coatings in the Asia-Pacific and Chinese markets."
Gao Anan said that Covestro has not stopped expanding in the Chinese market and has been expanding its PUD production scale. The new factory in Caojing is a forward-looking factory, and the company will continue to look for expansion opportunities based on changes in demand in China and the Asia-Pacific market.
Li Jinqi, Vice President of Covestro's Coatings and Adhesives Division in Greater China, added that Covestro has invested more than 3.9 billion euros in China, proving that the company is very optimistic about the Chinese market. Covestro not only invests in factories in China, but also builds innovation centers. Covestro's Asia Pacific Innovation Center in Shanghai has become one of the company's three major R&D centers in the world. All this once again proves that Covestro’s commitment to the Chinese market has not changed. He said: "Covestro implements the strategy of 'production in China, research and development in China' and combines foreign solutions with domestically developed solutions for research and development, so that it can serve the domestic industry in a more down-to-earth manner and promote green transformation. "
Develop water-based products to help reduce carbon emissions in the value chain
Covestro announced that it will supply to the Asia-Pacific market in the first quarter of next year a series of low-carbon footprint water-based PUD products produced at the Shanghai integrated base, with the solid content of alternative raw materials accounting for up to 80%. This low-carbon footprint PUD can be widely used in automotive interior adhesives, footwear adhesives, consumer electronics coatings and other emerging fields, helping various value chains reduce their carbon footprint and support the transition to a circular economy.
This low carbon footprint PUD contains alternative raw materials derived from biowaste and residues, which are allocated to the PUD products through a mass balance approach. The PUD produced at the Shanghai Integrated Base based on mass balance methods is a ready-to-use solution that can be directly applied in production. Customers do not need to change existing production processes or technologies, enabling a smooth transition from the use of fossil-based raw materials to more sustainable solutions. , while ensuring product quality and performance are equivalent to fossil-based materials.
"As we continue to expand our more sustainable product portfolio, Covestro's ability to support customers and partners in transitioning to a circular economy continues to grow. We are in the process of meeting the growing demand for more sustainable PUDs in the Asian market," said Gao Anan. At the same time, we will continue to better serve global customers and build stronger supply and innovation capabilities."
Local innovative R&D serves the industrial chain
Talking about R&D, Gao Anan said that most of Covestro’s early solutions in the Chinese market were imported products from Germany and the United States, and then technology development was carried out based on China’s conditions. As the market expands, the company turns to the "in China, for China" R&D model and strengthens local R&D.
Yang Ling, Vice President of Application Technology Development, Asia Pacific, Covestro Coatings and Adhesives Division, explained that although the Asia Pacific Innovation Center is built in Shanghai, it serves the Asia Pacific and works closely with laboratories in other Asia Pacific regions, as well as with Europe. Maintain a high degree of consistency with the R&D center in the United States and jointly develop solutions. She said that in the process of innovative research and development, Covestro adopts the "diamond model", that is, the results developed at any local level must first be verified locally and in the broader market before expanding production, so as to create the greatest value for the company. value.
In terms of R&D, Covestro Asia Pacific Innovation Center attaches great importance to cooperation with the industry chain, especially customers and other partners. Covestro has always actively discussed with them the pain points and difficulties in industry applications, looking for innovative solutions and expanding product portfolio. At the sixth China International Import Expo, which concluded recently, Covestro signed contracts with a number of companies to cooperate in the field of research and development.
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