Company News
January 15, 2021
Covestro Fire Impacts IPDI and HDI
Heavy! Some Products Of Covestro IPDI And HDI Encountered Force Majeure!
[Jan 14, 2021]
Recently, Covestro issued a letter stating that the Leverkusen plant’s isophoron diisocyanat (IPDI) and hexamethylene were caused by an accidental fire caused by Covestro IPDI and HDI in a cooling supplier in a German chemical park. The production of Hexamethyfendiisocyanat (HDI) and related derivatives of curing agents will be restricted due to force majeure. So far, it is impossible to estimate how long these effects will last.
In addition, Covestro also stated that during this period it is expected that it will not be able to meet all the ordering requirements in the next few months. We are currently doing our best to deal with the current adverse effects.
https://www.jecibiochem.com/news/heavy-some-products-of-covestro-ipdi-and-hdi-41661835.html
January 15, 2021
Covestro Certification
Covestro : receives ISCC Plus certification for its Antwerp and Uerdingen sites
01/14/2021 | 04:04am EST 14 January 2021 | 10:00 Europe/Amsterdam Covestro receives ISCC Plus certification for its Antwerp and Uerdingen sites Backward-oriented supply chain fulfills high sustainability standard Summary
- More sustainable polycarbonates and polyurethane raw materials
- Gradual conversion of production in Europe planned
- Drop-in solution for customers with constant product quality
Covestro has now received ISCC Plus mass balance certification for its Antwerp and Krefeld-Uerdingen sites. This means the company can now offer its customers large product volumes of the high-performance plastic polycarbonate made from renewable attributed raw materials in the same good quality as fossil-based polycarbonate. The polyurethane raw material methylene diphenyl diisocyanate (MDI) from Krefeld-Uerdingen and its precursor aniline from the Antwerp plant are now also available with ISCC Plus certification.
‘With the mass balance certification across the entire value chain, we want to achieve complete transparency, also for our customers,’ says Sucheta Govil, Chief Commercial Officer (CCO) at Covestro. ‘At the same time, we are helping them to reduce their own carbon footprint and are offering them a drop-in solution that they can instantly implement in their existing production processes without the need for technical modifications.’ Systematic tracking of the supply chain
‘With the gradual conversion of our production to renewable raw materials, we are helping to drive carbon in circles and are coming closer to our vision of circularity,’ explains Dr. Klaus Schäfer, Chief Technology Officer (CTO) at Covestro. ‘The raw materials we use meet the high sustainability requirements of the ISCC Plus Standard throughout the entire supply chain.’
As part of a strategic cooperation, Covestro received a first shipment of ISCC-Plus certified phenol from Borealis in October, which was produced from renewable hydrocarbons from Neste. Phenol is an intermediate product for polycarbonate. Consequently, this means that the supply chain from the originally used waste and residual oils and fats to the plastic is now fully ISCC Plus certified. Polycarbonate is used in high-quality applications in the automotive and electronics industries, among others. Gradual conversion to renewable raw materials
The certification of the plastic as well as the intermediate product MDI strengthens the use of alternative raw materials at Covestro. MDI is used to produce rigid polyurethane foam, which has been providing efficient thermal insulation for refrigeration appliances and buildings for decades. Gradually converting to renewable raw material sources is part of a comprehensive program with which Covestro, in collaboration with its partners, aims to drive forward the transition to a Circular Economy and become fully circular itself.
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. ISCC Plus includes further certification options for technical-chemical applications, including plastics made from biomass.
January 15, 2021
Covestro Certification
Covestro : receives ISCC Plus certification for its Antwerp and Uerdingen sites
01/14/2021 | 04:04am EST 14 January 2021 | 10:00 Europe/Amsterdam Covestro receives ISCC Plus certification for its Antwerp and Uerdingen sites Backward-oriented supply chain fulfills high sustainability standard Summary
- More sustainable polycarbonates and polyurethane raw materials
- Gradual conversion of production in Europe planned
- Drop-in solution for customers with constant product quality
Covestro has now received ISCC Plus mass balance certification for its Antwerp and Krefeld-Uerdingen sites. This means the company can now offer its customers large product volumes of the high-performance plastic polycarbonate made from renewable attributed raw materials in the same good quality as fossil-based polycarbonate. The polyurethane raw material methylene diphenyl diisocyanate (MDI) from Krefeld-Uerdingen and its precursor aniline from the Antwerp plant are now also available with ISCC Plus certification.
‘With the mass balance certification across the entire value chain, we want to achieve complete transparency, also for our customers,’ says Sucheta Govil, Chief Commercial Officer (CCO) at Covestro. ‘At the same time, we are helping them to reduce their own carbon footprint and are offering them a drop-in solution that they can instantly implement in their existing production processes without the need for technical modifications.’ Systematic tracking of the supply chain
‘With the gradual conversion of our production to renewable raw materials, we are helping to drive carbon in circles and are coming closer to our vision of circularity,’ explains Dr. Klaus Schäfer, Chief Technology Officer (CTO) at Covestro. ‘The raw materials we use meet the high sustainability requirements of the ISCC Plus Standard throughout the entire supply chain.’
As part of a strategic cooperation, Covestro received a first shipment of ISCC-Plus certified phenol from Borealis in October, which was produced from renewable hydrocarbons from Neste. Phenol is an intermediate product for polycarbonate. Consequently, this means that the supply chain from the originally used waste and residual oils and fats to the plastic is now fully ISCC Plus certified. Polycarbonate is used in high-quality applications in the automotive and electronics industries, among others. Gradual conversion to renewable raw materials
The certification of the plastic as well as the intermediate product MDI strengthens the use of alternative raw materials at Covestro. MDI is used to produce rigid polyurethane foam, which has been providing efficient thermal insulation for refrigeration appliances and buildings for decades. Gradually converting to renewable raw material sources is part of a comprehensive program with which Covestro, in collaboration with its partners, aims to drive forward the transition to a Circular Economy and become fully circular itself.
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. ISCC Plus includes further certification options for technical-chemical applications, including plastics made from biomass.
January 14, 2021
Dow Increases Feb Polyol Hike
January 14, 2021
Polyol PRICE INCREASE
Effective February 1, 2021, or as contracts allow, The Dow Chemical Company, on behalf of itself and its applicable consolidated subsidiaries (“Dow”), will increase off-list prices by the amounts listed below on all grades and package types of the following Polyol products in North America:
VORANOL US $0.05 / lb
VORALUX US $0.05 / lb
SPECFLEX US $0.05 / lb
This price increase is cumulative to the previous increase announcement of $0.07 USD/lb. communicated by Dow on January 12, 2021. Thank you for your continued business with Dow. Please contact your Account Manager if you have any questions related to this communication.
January 14, 2021
Dow Increases Feb Polyol Hike
January 14, 2021
Polyol PRICE INCREASE
Effective February 1, 2021, or as contracts allow, The Dow Chemical Company, on behalf of itself and its applicable consolidated subsidiaries (“Dow”), will increase off-list prices by the amounts listed below on all grades and package types of the following Polyol products in North America:
VORANOL US $0.05 / lb
VORALUX US $0.05 / lb
SPECFLEX US $0.05 / lb
This price increase is cumulative to the previous increase announcement of $0.07 USD/lb. communicated by Dow on January 12, 2021. Thank you for your continued business with Dow. Please contact your Account Manager if you have any questions related to this communication.
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