Covestro

Bloomberg and Ørsted Announce 15-Year Renewable Energy Purchase Power Agreement

Retrieved on: 
Thursday, January 18, 2024

PARIS, Texas, Jan. 18, 2024 /PRNewswire/ -- Today, Ørsted, a leading U.S. clean energy developer, announced the signing of an 80MW power purchase agreement (PPA) with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project currently under construction near Paris, Texas. This is Ørsted's largest solar project in the U.S., as well as the company's first project to incorporate conservation efforts with the protection of native tallgrass prairie. Bloomberg is one of four corporate customers buying power from the Mockingbird Solar Center, including Covestro and Royal DSM. This agreement brings the Mockingbird project to a fully contracted status for its 471 MW capacity.

Key Points: 
  • Bloomberg is one of four corporate customers buying power from the Mockingbird Solar Center, including Covestro and Royal DSM.
  • In 2016, Bloomberg joined the RE100, a global corporate initiative comprised of businesses committed to sourcing 100 percent of their electricity from renewable energy.
  • According to Bloomberg, in 2022, the company secured 192,533 MWh of renewable energy from 11 projects, which represents 54.6 percent of Bloomberg's global purchased electricity.
  • "We look forward to partnering with Ørsted on the purchase of renewable energy to progress our RE100 target while also meaningfully contributing to conservation efforts," said Dave Wildman, Global Head Facilities, Sustainability Ops, MEP Infrastructure at Bloomberg.

Global Pentamethylene Diisocyanate (PDI) Market Report 2024-2034 with Profiles of Major Producers - BASF, Evonik, Vencorex, Asahi Kasei, Covestro, Wanhua Chemical Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 28, 2023

The "The Global Market for Pentamethylene Diisocyanate (PDI) 2024-2034" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Global Market for Pentamethylene Diisocyanate (PDI) 2024-2034" report has been added to ResearchAndMarkets.com's offering.
  • The Global Market for Pentamethylene Diisocyanate (PDI) 2024-2034 profiles all major PDI producers including BASF, Evonik, Vencorex, Asahi Kasei, Covestro, Wanhua Chemical and others.
  • Pentamethylene diisocyanate (PDI) is a key intermediate for high-performance polyurethane products across a diverse set of industries.
  • Construction, furniture and automotive are major end use segments and there is an increasing shift towards bio-based production
    This in-depth market research report provides a comprehensive analysis of the global Pentamethylene Diisocyanate (PDI) market.

Covestro expands access to circular polycarbonate portfolio in the U.S.

Retrieved on: 
Wednesday, November 15, 2023

RE grades are produced using existing infrastructure, can contain up to 89% attributed bio-circular raw materials and have the same physical characteristics of conventional Makrolon® polycarbonate.

Key Points: 
  • RE grades are produced using existing infrastructure, can contain up to 89% attributed bio-circular raw materials and have the same physical characteristics of conventional Makrolon® polycarbonate.
  • Makrolon® RE grades are part of Covestro's broader CQ (circular intelligence) portfolio of products, and the ISCC PLUS certification expands the company's circular offerings available in the United States.
  • "Covestro's polycarbonate production in the U.S. is now more sustainable – from sourcing and production in Baytown to compounding the polycarbonate in Newark.
  • The facility, which is home to approximately 150 employees, produces polycarbonate and polycarbonate blends and offers technical expertise in color matching and design.

IDTechEx Discusses the Technology Trends Driving Sustainable Polymers for a Circular Economy

Retrieved on: 
Tuesday, November 14, 2023

Answering this demand for more sustainable plastics to support the circular economy requires innovations from all stakeholders in the polymer value chain, from the chemical suppliers to the end-users to the recyclers.

Key Points: 
  • Answering this demand for more sustainable plastics to support the circular economy requires innovations from all stakeholders in the polymer value chain, from the chemical suppliers to the end-users to the recyclers.
  • Lastly, the end-of-life recycling of these plastics, through both well-established mechanical recycling and the more emerging advanced recycling , is critical to establishing a truly circular economy.
  • In this article, IDTechEx considers some of the technology developments, challenges, and the outlook of the innovations affecting each part of the polymer value chain.
  • IDTechEx will be hosting a free-to-attend webinar on the topic on Tuesday 21 November 2023 - Creating a Circular Economy: Emerging Sustainable Materials to Watch in 2024 .

IDTechEx Discusses the Technology Trends Driving Sustainable Polymers for a Circular Economy

Retrieved on: 
Tuesday, November 14, 2023

Answering this demand for more sustainable plastics to support the circular economy requires innovations from all stakeholders in the polymer value chain, from the chemical suppliers to the end-users to the recyclers.

Key Points: 
  • Answering this demand for more sustainable plastics to support the circular economy requires innovations from all stakeholders in the polymer value chain, from the chemical suppliers to the end-users to the recyclers.
  • Lastly, the end-of-life recycling of these plastics, through both well-established mechanical recycling and the more emerging advanced recycling , is critical to establishing a truly circular economy.
  • In this article, IDTechEx considers some of the technology developments, challenges, and the outlook of the innovations affecting each part of the polymer value chain.
  • IDTechEx will be hosting a free-to-attend webinar on the topic on Tuesday 21 November 2023 - Creating a Circular Economy: Emerging Sustainable Materials to Watch in 2024 .

IDTechEx Analysis: Emerging Molecules Produced Through Industrial Biomanufacturing

Retrieved on: 
Tuesday, November 7, 2023

Within this diverse range, an emerging subset of molecules have attracted the interest of numerous companies, both well-funded startups and multinational corporations.

Key Points: 
  • Within this diverse range, an emerging subset of molecules have attracted the interest of numerous companies, both well-funded startups and multinational corporations.
  • IDTechEx has analyzed over thirty-five different molecules and compounds in their market research report " White Biotechnology 2024-2034 "; here are some of the most interesting molecules whose biomanufacturing development is worth monitoring.
  • Polyamide precursors: one emerging category of biomanufactured molecules are key precursors for polyamides like PA 6 and PA 66.
  • These profiled molecules are just the tip of the iceberg when it comes to the new types of molecules being produced through white biotechnology.

IDTechEx Analysis: Emerging Molecules Produced Through Industrial Biomanufacturing

Retrieved on: 
Tuesday, November 7, 2023

Within this diverse range, an emerging subset of molecules have attracted the interest of numerous companies, both well-funded startups and multinational corporations.

Key Points: 
  • Within this diverse range, an emerging subset of molecules have attracted the interest of numerous companies, both well-funded startups and multinational corporations.
  • IDTechEx has analyzed over thirty-five different molecules and compounds in their market research report " White Biotechnology 2024-2034 "; here are some of the most interesting molecules whose biomanufacturing development is worth monitoring.
  • Polyamide precursors: one emerging category of biomanufactured molecules are key precursors for polyamides like PA 6 and PA 66.
  • These profiled molecules are just the tip of the iceberg when it comes to the new types of molecules being produced through white biotechnology.

Morimatsu International Adapts to the Changing World by Upholding Technological Innovation in Global Expansion

Retrieved on: 
Monday, November 6, 2023

Pioneering the internationalization of Chinese manufacturing companies, Morimatsu International Holdings Limited (HKEX: 2155.HK, hereinafter referred to as "Morimatsu International," "Morimatsu," or the "Company") has traversed over three decades.

Key Points: 
  • Pioneering the internationalization of Chinese manufacturing companies, Morimatsu International Holdings Limited (HKEX: 2155.HK, hereinafter referred to as "Morimatsu International," "Morimatsu," or the "Company") has traversed over three decades.
  • Today, Morimatsu has evolved into a multinational enterprise originating from the Asia-Pacific region, with a global presence and long-term partnerships with leading companies across various sectors.
  • What remains constant is their collaboration with Morimatsu, which embodies the spirit of innovation that keeps Morimatsu at the forefront of meeting customer needs.
  • Morimatsu International's global reach has helped it excel in different temporal and environmental contexts, ultimately becoming an international leader capable of rapidly adapting to changing demands in global markets.

TUI AG: Director Declaration

Retrieved on: 
Tuesday, August 22, 2023

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • TUI AG (the “Company”) announces that according to an announcement of Covestro AG, Mr Christian Baier, Member of the Company’s Supervisory Board, has been appointed as Chief Financial Officer of Covestro AG, Leverkusen, Germany, which is listed on the Frankfurt Stock Exchange, as from 1 October 2023.
  • As of 30 September 2023 Mr Christian Baier departs from Metro AG, where he has been appointed as Chief Financial Officer.
  • The issuer is solely responsible for the content of this announcement.

MARELLI WINS ALTAIR ENLIGHTEN AWARD WITH ITS "LIGHTWEIGHT URETHANE FOR INTERIOR PRODUCTS"

Retrieved on: 
Wednesday, August 2, 2023

DETROIT, Aug. 2, 2023 /PRNewswire/ -- Global technology company Altair and the Center for Automotive Research (CAR), both based in Michigan, US, named Marelli a 2023 Enlighten Award winner in the Future of Lightweighting category for its "Lightweight Urethane for Interior Products".

Key Points: 
  • DETROIT, Aug. 2, 2023 /PRNewswire/ -- Global technology company Altair and the Center for Automotive Research (CAR), both based in Michigan, US, named Marelli a 2023 Enlighten Award winner in the Future of Lightweighting category for its "Lightweight Urethane for Interior Products".
  • The award ceremony was held on August 1st, as part of the CAR Management Briefing Seminars (MBS), an event focused on the future of the global automotive industry.
  • Marelli has developed a new lightweight polyurethane foam that can be applied to all foam-in-place (FIP) applications, particularly the main dashboard panel.
  • "We are honored to receive the 2023 Altair Enlighten Award for our polyurethane foam technology," said Tsukasa Fujii, president of Marelli's Interior Experience division.