Covestro has been cooperating with IAF last year with a series of workshops in which it featured as an excellent example of the value of innovation in raw materials for the apparel industry. Central in its presentation was the new waterborne method for PU coatings used mainly in artificial leather that it had developed. In this method, the PU-coated fabrics are processed entirely without solvents, which remove hazardous substances from the material manufacturing, eliminates environmental pollution risks, and greatly reduces the amount of water and energy needed.
One of the world’s leading polymer materials suppliers, from September 1, 2015, Bayer MaterialScience started operating under the Covestro name. The company is now legally and economically independent from Bayer AG and has a new logo and vision.
The workshops organized by IAF and Covestro not only involved showing what the technology could do, but also addressed the model used by Covestro to overcome current supply chain constraints to the implementation of new technologies. Covestro has launched a technology and services model under the brand name INSQIN in 2014. It combines the technology itself with a high level of co-creation of new materials together with customers and downstream players.
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