Covestro Significantly Reduces Emissions in Texas
- 60% reduction of scope 1 emissions at
Baytown, TX site - 195KT annual reduction of CO2e emissions
"Covestro is committed to our ambitious goals to be operationally climate neutral by 2035," said
Nitric acid is an important raw material for the production of MDI (methylene diphenyl diisocyanate) and TDI (toluene diisocyanate), which are key components of polyurethane and can be found in applications from mattresses and furniture to energy-efficient insulation and automobile seats, among others.
The production of nitric acid has historically been a significant source of greenhouse gases and a focus of Covestro's decarbonization efforts for more than a decade. The recently commissioned NAUCI project alone reduces annual CO2e by roughly 195KT, and when combined with previous nitric acid unit abatement projects, cumulatively represents an annual CO2e reduction of nearly 900KT.
"It's projects such as NAUCI that help us achieve our scope 1 targets, and I am confident that our continued efforts will drive even greater success as we work towards achieving climate neutrality by 2035," said
The Covestro site in
About Covestro:
Covestro 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. Covestro 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 Covestro 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, Covestro 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. Covestro generated sales of
Find more information at the Covestro Homepage.
Read our Corporate Blog.
Follow us on the Covestro Social Media Channels:
Forward-looking statements
This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. 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 Covestro'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.
Contact
Telephone +1 724 799 0321
EMail [email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/covestro-significantly-reduces-emissions-in-texas-302388699.html
SOURCE COVESTRO LLC
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Kentucky American Water Shares Wise Water Tips for Hot Summer Weather
- Patient Advocate Foundation launches TotalAssist, nation's largest and most comprehensive charitable patient assistance program
- TEAMSTERS AT BIMBO BAKERIES RATIFY STRONG NEW AGREEMENT
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share