Covestro Receives First Supply of Certified Renewable Phenol for Polycarbonates from Borealis

Covestro announced that it has received a first delivery of 1,000 tons of renewable phenol from Borealis, produced with renewable hydrocarbons from Neste. In the announcement, Covestro stated that Neste produces these ISCC Plus certified hydrocarbons (ISCC: International Sustainability and Carbon Certification) entirely from renewable raw materials. Covestro furher explained that the hydrocarbons are then converted into ISCC Plus mass balance certified phenol by Borealis and finally used by Covestro to produce the high-performance plastic polycarbonate – as a replacement for part of the phenol previously manufactured from purely fossil resources.

Polycarbonate is used in car headlights, automotive glazing, LED lights, electronic devices as well as other applications.

“With this first supply, we are once again underlining our commitment to the increased use of alternative raw materials. In this way, we are recycling carbon and are driving the circularity forward, which must become the new global guiding principle,” said Covestro´s CEO Dr. Markus Steilemann. “By cooperating with upstream partners such as Neste and Borealis, we are showing how a sustainable value chain can work.”

“We are delighted to see our renewable feedstock helping Covestro to achieve this new milestone. It highlights the drop-in nature of our product replacing fossil crude and its fit for a continuously increasing number of demanding applications,” says Peter Vanacker, President and CEO of Neste. “Furthermore, it clearly demonstrates how sustainability-focused collaboration among frontrunner companies – Neste, Borealis and Covestro – can make a positive impact even within a complex value chain.”

”Life demands progress. We are proud to be pioneers to deliver renewable phenol to our strategic customer Covestro. Together with our innovative value chain partner Neste we are at the forefront of driving the circular economy,” says Alfred Stern, CEO of Borealis. “This is how we re-invent for more sustainable living.”

With the planned transformation of raw materials used in the company’s production, Covestro said it aims to help key industries such as the automotive and electronics industries to achieve greater sustainability and reduce their dependence on materials from fossil resources.

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from American Coatings Association https://www.paint.org/covestro-borealis/
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