The plastic industry is seen as the problem , but by building a circular economy Covestro is proving it can be part of the answer to climate change
COVESTRO
The plastic industry is seen as the problem , but by building a circular economy Covestro is proving it can be part of the answer to climate change
Engineering plastics is one of the seven business entities within Covestro with a range of sustainability goals . By design , its focus is on ‘ sustainability solutions ’, with different products in its portfolio serving different sustainability targets downstream .
Roy Cheung is Global Head of Sustainability Solutions , Engineering Plastics , at Covestro and he has become increasingly aware of the need for cooperation throughout the ecosystem , from manufacturer to consumer and everything in between .
“ As we look to increase circularity exponentially , we need to work with external partners and our vast customer base ,” he explains . “ We sell materials to other companies who make products which then need to be recycled at the end of their life . It ' s our job , within the business , to engage with customers , not only about selling our products and solutions , but also about uniting to roll out initiatives to take back and recycle the materials .”
Indeed , Covestro has been aiming for a closed loop model for many years – a system which aligns itself with a robust circular economy and involves all the different aspects of company operations , while also involving the wider global ecosystem .
“ This is something that excites me ,” says Roy . “ To develop and grow a new idea into reality and witness its ability to become sustainable represents the central focus for us . This is particularly important because of the nature of our business – as a raw
118 January 2022