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Sinochem News News on September 8, Covestro announced that its integrated base in Shanghai has obtained ISCC Plus quality balance certification
.
This means that Covestro has the ability to supply high-performance polycarbonate plastics made from alternative raw materials and polyurethane raw material diphenylmethane diisocyanate (MDI) in large quantities to customers in the Asia-Pacific region
.
It is reported that the Shanghai Integrated Base is the first base of Covestro to obtain ISCC Plus certification in the Asia-Pacific region.
Covestro's Antwerp, Belgium and Yurdingen bases in Europe received the certification at the end of last year
.
At the same time, Covestro (Shanghai) Investment Co.
, Ltd.
As part of the transition to a circular economy, Covestro is gradually turning to alternative raw materials including renewable raw materials
.
With the certification of polycarbonate and the intermediate product MDI, Covestro is strengthening the use of alternative raw materials
.
In addition, the Covestro Shanghai Integrated Base has reached an agreement with Datang Wuzhong New Energy Co.
, Ltd.
to purchase about 100 million kWh of green power from its Ningxia photovoltaic power station each year
.
These electricity accounts for about 10% of the annual electricity demand of the Shanghai base
.