Cosco Wins Polyurethane Industry 'Sustainability Innovation Award'

In order to promote the sustainable development of the polyurethane industry and practice the concept of responsible care in the chemical industry, under the leadership of the China Petroleum and Chemical Industry Federation, the China Polyurethane Industry Association, the Shanghai Economic and Information Commission and the Shanghai Science and Technology Commission, the Pan-Long River Delta Regional Polyurethane Entrepreneurs Forum was held in Shanghai on June 28. More than 200 well-known experts and scholars and entrepreneurs from the industry gathered to discuss the sustainable development of the polyurethane industry and its downstream industries, as well as the development path of responsible care. Cosco's Vice President of Polyurethane Business Unit in China, Mr. Dou Wei, delivered a speech and received the 2019 Sustainability Innovation Award on behalf of Cosco

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development is a core element of Cosco's strategy. As the inventor of polyurethane materials, Cosco has set a goal of investing 80% of its research and development spending in areas related to the United Nations Sustainable Development Goals by 2025. Cosco is committed to reducing CO2 emissions during the production process and product life cycle, and is actively developing and using energy-efficient technologies to install intelligent control systems in 30 production sites around the world to optimize energy use. In addition, Cosco focuses on sustainability across the value chain, assisting partners in improving upgrades, saving costs and increasing productivity.
" innovation and sustainability are the driving force for Cosco. We have developed high-performance polyurethane materials for the wind power industry for the production of lighter and longer fan blades, and we have successfully used carbon dioxide as an alternative raw material to produce polyurethanes, saving fossil resources. "Cosco insists on contributing to the sustainable development of the chemical industry through material innovation and working with partners to enhance energy efficiency and resource utilization in the industrial chain. "
renewable energy innovation materials
China has led the global wind power market for many years. In 2018, China's wind power cumulative, new installed capacity are ranked first in the world. As the power of the fan continues to increase, so has the length of the blades. Longer blades present new challenges for design and manufacturing. In order to break through the limitations of existing materials and meet the higher performance requirements of the industry, Coxtron has developed high-performance polyurethane as a new generation of fan blade resin materials. With excellent performance and efficient processes, polyurethane resins reduce weight for large fan blades and help blade manufacturers reduce cost efficiency. In April, Cosco delivered its first commercial order for polyurethane for fan blades to chinese customers.
carbon dioxide into treasure
Coxtron also replaced oil with the greenhouse gas CO2, the raw material used to produce polyurethane foam, ®. The new material contains up to 20% carbon dioxide and can be used to produce high-quality polyurethane soft foams, which can eventually be used in areas such as mattresses and runways. This process contributes to the recycling of carbon dioxide and saves increasingly scarce fossil resources.
: Cosco
is one of the world's largest polymer producers, with sales of 14.6 billion euros in 2018. Its business focuses on the production and manufacture of high-tech polymer materials and the development of innovative solutions for many areas of everyday life. The main service areas include the automotive, construction, wood processing and furniture, electrical and electronics industries, while other areas include sports and leisure, cosmetics, medical and chemical industries themselves. By the end of 2018, Cosco had 30 production sites worldwide and approximately 16,800 employees (based on full-time employees).