MOSCOW (MRC) -- Covestro will showcase innovative material solutions for more sustainable future mobility at the combined trade show The Battery Show Europe and Electric & Hybrid Vehicle Technology Expo from November 30th to December 2nd, 2021 in Stuttgart, Germany, said the company.
The company is fully oriented towards the circular economy, focusing on an increased use of alternative raw materials and renewable energy as well as the development of innovative recycling technologies.
Demand for high-performance batteries is expected to grow rapidly in the coming years. Covestro brings extensive plastics processing expertise to the table and will showcase a battery module it has developed in-house at the show, allowing it to test its own materials. The company also performs CAE component simulations and provides support to customers with moldflow analyses and injection molding upon request.
The number of electric vehicles and plug-in hybrids is growing significantly, and with it the need for charging stations. There is a wide range of charging equipment on offer, from fixtures in parking lots to wall-mounted charging points in private homes.
Charging stations require materials that meet a number of often very specific requirements. They have to withstand all types of weather and also withstand attacks of vandalism well. Added to this are the wishes of the operators of charging stations, for example manufacturing by means of mass production as well as high functionality, lightness, toughness and good electrical insulation of the materials. And last but not least, they must be easy to shape in order to offer as much design freedom as possible.
Polycarbonates from the Makrolon® range and polycarbonate blends from the Bayblend® series meet all these requirements. Together with the mass-balanced products of the Makrolon® RE series, they play their part in further reducing the carbon footprint of this more sustainable form of propulsion.
We remind that Covestro closed the sale of its European polycarbonates (PC) sheets business to the Munich-based Serafin Group effective January 2, 2020. This includes key management and sales functions throughout Europe as well as production sites in Belgium and Italy.
As per MRC ScanPlast, the overall estimated consumption of polycarbonate (PC) granules (excluding imports and exports to/from Belarus) dropped in the first three quarters of 2021 by 15% year on year to 63,700 tonnes (75,300 tonnes a year earlier). And although in the extrusion grade sector, the market decreased by 21% year on year with consumption of 52,100 tonnes (65,600 tonnes a year earlier), it increased in the injection moulding sector by 43% year on year to 10,300 tonnes (7,200 tonnes a year earlier).
Covestro (formerly Bayer MaterialScience) is an independent subgroup within Bayer. It was created as part of the restructuring of Bayer AG from the former business group Bayer Polymers, with certain of its activities being spun off to Lanxess AG. Covestro manufactures and develops materials such as coatings, adhesives and sealants, polycarbonates (CDs, DVDs), polyurethanes (automotive seating, insulation for refrigerating appliances) etc. With 2020 sales of EUR 10.7 billion, Covestro has 33 production sites worldwide and employs approximately 16,500 people (calculated as full-time equivalents).