- Covestro to supply MDI with bio-circular attributed raw
materials
- Carlisle Construction Materials will produce polyurethane
building insulation using bio-circular MDI
- Material based on ISCC PLUS certified sustainable raw materials
has a CO2 reduction potential of
99%1 compared to fossil-based product
PITTSBURGH, Aug. 16,
2024 /PRNewswire/ -- Buildings and the built
environment account for nearly 40% of energy use in the U.S.
Architects, builders and building owners know that energy
efficiency is a critical component of a sustainable future. To that
end, Covestro and Carlisle Construction Materials (Carlisle) are collaborating to bring
bio-circular products to the construction industry.
Covestro will supply Carlisle
with methylene diphenyl diisocyanate (MDI)1 that is
based on ISCC PLUS certified mass balanced bio-circular raw
materials and features up to a 99% lower product carbon footprint
than fossil-based MDI.1 It specifically has a
CO2 reduction potential of 2.4 KG per KG of MDI
produced2. This will enable Carlisle to produce its high-performance
polyiso insulation boards with lower embodied carbon.
The collaboration between Covestro and Carlisle extends a legacy of joint innovation
in the construction industry that spans decades. As sustainability
targets for the built environment stand to increase, the two
companies are prepared to develop and introduce the next generation
of insulation materials.
"Covestro's vision to become fully circular requires R&D
advancements that directly support the scope 3 goals of our
customers, like Carlisle," said
Hermann-Josef Doerholt, global head of Performance Materials at
Covestro. "Covestro has some of the most aggressive sustainability
and climate targets in the chemical industry, and the further we
progress in developing solutions to achieve them, the more the
effects resonate along the supply chain."
Covestro will supply its Mondur® CQ 489 MS isocyanate to
Carlisle. The CQ, or "Circular
Intelligence" designation represents a broad family of Covestro's
circular products with an attribution of at least 25 percent
alternative raw materials derived from biomass or recycled
plastics.
Carlisle Construction Materials, a global leader in building
envelope solutions, aims to be net zero by 2050. Carlisle will produce its bio-based rigid foam
insulation, which contains 5% bio-circular content, for the SynTec,
Versico, Hunter Panels and WeatherBond brands. This
state-of-the-art bio-based insulation is the latest addition to
Carlisle Construction Materials' portfolio of sustainable building
products.
"Carlisle Construction Materials has always been at the
forefront of developing high-performance construction products that
lead the way in sustainability," said Steve
Schwar, President of Carlisle Construction Materials. "With
our new bio-based rigid foam insulation, we are demonstrating our
unwavering commitment to environmental responsibility while
ensuring that our customers have access to the most advanced
building materials available. Our partners play a pivotal role in
the realization of our bio-based isolation," added Steve.
"Together, we're not only pushing the boundaries of material
science, but also supporting the construction industry's transition
to a more sustainable future."
"At Covestro, we have long understood the unparalleled
performance attributes of polyurethane insulation," said
Julia Rubino, head of sales for
Performance Materials at Covestro North America. "The ability to
provide an innovative, bio-circular raw material solution to a
long-time partner and a leader in the construction industry, like
Carlisle, shows that
future-focused sustainable solutions are available today."
Covestro has ISCC PLUS certified facilities in every major
global market, including its manufacturing facility in Baytown, Texas. In support of its vision to be
fully circular, Covestro aims to be operationally climate neutral
(scope 1 and scope 2) by 2035 and climate neutral for scope 3 by
2050. The company currently has hundreds of circular CQ products
and is continuously expanding its product portfolio.
1 Exact percentage depends on the amount of
allocated raw material.
2 Bio-circular attributed MDI contains ~60%
ISCC PLUS certified feedstock. The calculation is based on
Covestro-specific production and supply chain data, replacing
fossil raw material with ISCC PLUS certified renewable feedstock
via the mass balance approach.
About Covestro:
Covestro 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.
Covestro 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 Covestro 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, Covestro 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. Covestro generated
sales of EUR 14.4 billion in fiscal
year 2023. At the end of 2023, the company had 48 production sites
worldwide and employed approximately 17,500 people (calculated as
full-time equivalents).
About Carlisle:
Carlisle Companies Incorporated is a leading supplier of
innovative building envelope products and solutions for more energy
efficient buildings. Through its building products businesses –
Carlisle Construction Materials ("CCM") and Carlisle
Weatherproofing Technologies ("CWT") – and family of leading
brands, Carlisle delivers
innovative, labor reducing and environmentally responsible products
and solutions to customers through the Carlisle Experience.
Carlisle is committed to
generating superior shareholder returns and maintaining a balanced
capital deployment approach, including investments in our
businesses, strategic acquisitions, share repurchases and continued
dividend increases. Leveraging its culture of continuous
improvement as embodied in the Carlisle Operating System ("COS"),
Carlisle has committed to
achieving net-zero greenhouse gas emissions by 2050.
Find more information at the Covestro
Homepage.
Read our Corporate
Blog.
Follow us on the Covestro Social Media
Channels:
X:
https://twitter.com/CovestroUS
Facebook:https://www.facebook.com/covestro/
YouTube:
https://www.youtube.com/channel/UCt0O5lTN3Nw4cGd43DgeIlQ
LinkedIn:
https://www.linkedin.com/company/covestro
Forward-looking statements
This news release may contain forward-looking statements based
on current assumptions and forecasts made by Covestro AG. 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
Covestro'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.
Mondur® is a registered trademark of Covestro Group.
Contact
Alice Sox
Telephone
+1 412 961 6014
EMail
alice.sox
@covestro.com
Carlisle
Communications
Contact
Alex Drescher
Telephone
717.960.4402
EMail
Alex.Drescher
@carlisleccm.com
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SOURCE Covestro