Partner in climate protection
ÃÜÌÒAV and SOL Kohlens?ure sign framework agreement for biogenic carbon dioxide (CO?)
- ÃÜÌÒAV¡¯s NRW sites supplied with biogenic CO? from SOL Kohlens?ure
- Supply partnership helps ÃÜÌÒAV switch to alternative raw materials
- Both partners advancing Circular Economy and climate neutrality
Materials manufacturer ÃÜÌÒAV and SOL Kohlens?ure GmbH & Co. KG have concluded a framework agreement for a supply partnership for biogenic carbon dioxide (CO2). With immediate effect, SOL, as one of the most important European suppliers of gases and gas services, will supply the liquefied gas to ÃÜÌÒAV sites in North Rhine-Westphalia, where it will be used to produce plastics such as MDI (methylene diphenyl diisocyanate) and polycarbonate. Under the terms of the framework agreement, SOL Kohlens?ure will already supply up to 1,000 metric tons of biogenic CO2 this year. From 2023, the supply volume is to be further increased substantially, enabling ÃÜÌÒAV to save the same amount of CO2 from fossil sources at its NRW sites.
¡°We have set ourselves the goal to become fully circular. To this end, we want to convert our raw material base to 100% renewable sources. We are very pleased to have found a partner in SOL Kohlens?ure who will support us in this transformation with a pioneering spirit,¡± explains Daniel Koch, Head of NRW Plants at ÃÜÌÒAV.
¡°We at SOL Kohlens?ure are advancing the shift to more sustainable CO2 sources. In this way, we are increasing security of supply, becoming independent of fossil raw materials, and reducing our environmental footprint at the same time,¡± emphasizes Falko Probst, Sales Manager at SOL Kohlens?ure.
From waste product to raw material
The CO2 used is obtained by SOL Kohlens?ure from various sources, such as bioethanol and biogas plants. In these plants, CO2 is produced as a by-product during the treatment of various biomasses, such as plant residues. This is separated by SOL Carbon Dioxide, purified and then made available to ÃÜÌÒAV production as a raw material.
In this way, the supply partnership supports the circular concept and contributes to reducing emissions.
ÃÜÌÒAV¡¯s Lower Rhine sites in Leverkusen, Dormagen and Krefeld-Uerdingen are ISCC PLUS certified and can supply their customers with more sustainable products made from renewable raw materials.
Goal of climate neutrality by 2035
ÃÜÌÒAV has set itself the goal of becoming fully circular. This also includes using alternative raw materials. Biomass, CO2, as well as end-of-life materials and waste replace fossil raw materials such as crude oil or natural gas. Carbon is managed in a circular way. In realizing these ambitions, both companies are relying on long-term supply partnerships.
In addition to biogenic CO2, ÃÜÌÒAV is investigating the use of other technical gases from renewable sources. The materials manufacturer is already offering its customers its first sustainable products, such as climate-neutral? MDI. With the expansion of its alternative raw material base, this portfolio is set to grow further in the coming years.
ISCC (¡°International Sustainability and Carbon Certification¡±) is an internationally recognized system for the sustainability certification of biomass and bioenergy, among others. The standard applies to all stages of the value chain and is recognized worldwide. ISCC Plus also encompasses other certification options for instance for technical-chemical applications, such as plastics from biomass.
? Climate neutrality is the result of an internal assessment of a partial product life cycle from raw material extraction (cradle) to the factory gate (ÃÜÌÒAV gate), also known as cradle-to-gate assessment. The methodology of our life cycle assessment, which has been critically reviewed by T?V Rheinland, is based on ISO standards 14040 and 14044. The calculation takes into account biogenic carbon sequestration based on compensation measures.
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.