MOSCOW (MRC) -- The expansion of electromobility is progressing, and the need for charging stations is growing accordingly, said the company.
The European Green Deal fixes a target of one million public charging points to be available by 2025. They will be needed to power the 13 million electric cars then expected on European roads. Covestro is driving the transition to electromobility with innovative material solutions and has been cooperating for more than ten years with EVBox Group, a leading Dutch full-service provider for electric car charging. By using Makrolon® RE, the ISCC PLUS-certified mass-balanced polycarbonate, both companies aim to achieve an even more sustainable solution.
The objective is to set a new standard for charging infrastructure: while electric vehicles no longer require fossil fuels for power, both partners are now looking to conserve resources for charging stations as well and equip them with more sustainable materials. Joint developments are just beginning, but ISCC PLUS-certified Makrolon® RE has already cleared one important hurdle: it meets the technical requirements of charging station manufacturers.
As MRC informed previously, earlier this month, DSM completed the sale of the resins & functional materials businesses to Covestro for EUR1.6 billion (USD1.9 billion), including EUR1.4 billion in cash.
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.
With 2020 sales of EUR 10.7 billion, Covestro is among the world’s leading polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative, sustainable solutions for products used in many areas of daily life. In doing so, Covestro is fully committed to the circular economy. The main industries served are the automotive and transportation industries, construction, furniture and wood processing, as well as electrical, electronics, and household appliances industries. Other sectors include sports and leisure, cosmetics, health and the chemical industry itself. At the end of 2020, Covestro has 33 production sites worldwide and employs approximately 16,500 people (calculated as full-time equivalents).
MRC