As the automotive industry moves towards a circular and climate-neutral future, it is becoming increasingly common to use alternative materials, including those with recycled components, to replace fossil resources. , the quality and traceability of such recycled materials remains a major concern.
In light of this, materials manufacturer Covestro has partnered with China’s major auto We have partnered with lighting supplier HASCO Vision.
Covestro, a long-time partner of HASCO Vision, has been supplying high-performance plastic material polycarbonate to Chinese companies for many years to manufacture automotive lamps. According to the new contract signed at Covestro’s booth at the China International Import Expo, Covestro will work with other partners in the recycling industry to collect used plastics from HASCO’s manufacturing sites before turning them into high-quality industrial waste. Convert to recycle (PIR). Polycarbonate and polycarbonate blends that HASCO can use to manufacture new automotive parts.
“In line with Covestro’s fully circular vision, we are pleased to work with HASCO Vision to pioneer this innovative business model for closed-loop recycling of industrial waste plastics. Covestro. Value Chain Enabling full transparency and traceability in line with , this collaboration ensures a consistently high quality supply of PIR plastics, meeting the growing demand for more sustainable materials and reduced emissions in the automotive industry. We look forward to working with more companies and customers on similar initiatives to close the carbon loop.”
Closed-loop recycling of post-industrial plastics ensures that such recycled materials have a “virgin-like” quality, is easily traceable, and reduces the automotive carbon footprint compared to conventional fossil-based materials. It is an effective sustainability solution as it helps reduce
Jinlong Ao, Deputy General Manager and Chief Technology Officer of HASCO Vision, said: “We are developing together a closed-loop, win-win business model that could become a benchmark for low-carbon cooperation in the automotive industry.”
For many years, Covestro has focused on developing new and innovative business models to facilitate the recycling of plastics. In 2020, the company partnered with leading Chinese beverage manufacturer Nongfu Spring to recycle 19-liter polycarbonate water bottles into materials that can be used in electrical and electronic equipment, home appliances, and the automotive industry.
