Tuesday, October 28, 2025
Modern Plastics India
k
Title of the document Nominate Now Modern Plastics Award
  • HOME
  • About Us
  • News
    • Industry News
      • Market Report
      • Opening & Expansions
      • Expansions & Appointments
      • Partnership
      • Show News
      • Achievements
      • Awards & Recognition
      • Partnership
    • Technology & Innovation
      • Driver & Motors
      • Drives & Connectors
      • Gear & Pump
      • Innovation
      • Laser Update
      • Rapid Prototyping
      • Sensors & Connectivity
      • Software Update
      • Technology News
      • Technology Update
    • Machinery & Equipment
      • Ancillary
      • Ancillary Equipment
      • Automation & Robotics
      • Automation Update
      • Auxiliary
      • Hot Runner
      • Machinery Update
    • Materials & Compounding
      • Additives
      • Bio-Plastics
      • Colourants & Masterbatch
      • Compounding
      • Engineering Polymers
      • Master Batches
      • Material Update
      • Pigments & Master Batches
      • Thermoplastics
      • Wood Plastics Composites
    • Injection Moulding
      • Blow Moulding / Blow Molding
      • Extrusion
      • Hot Runners
      • Mould Making & Tooling
      • Pipe & Profiles
      • Sheet & Pipe
      • Thermoforming
    • Packaging & Printing
      • Packaging News
      • Packaging Update
      • Printing & Packaging
      • In-Mould Labeling (Labarity)
    • Features & Insights
      • Special Article
      • Product Launch
      • Interview
      • Research & Developments
      • Tête-à-Tête
    • Sustainability & Recycling
      • Circular Economy
      • Environment & Recycling
      • Environment & Sustainability
      • Recycling News
      • Recycling Update
    • Automotive & Mobility
      • Automotive
      • e-Mobility
    • Cables & Connectors
      • Wire & Cable
      • Drives & Connectors
    • 3D Printing & Prototyping
      • 3D Printing
      • Rapid Prototyping
    • Medical & Healthcare
      • Medical Plastics
    • Testing & Inspection
  • Magazine
    • Magazines
    • Supplement
    • Show Daily
    • Coffee Table Book
  • Gallery
    • PlastIndia 2023
      • Day 01
      • Day 02
      • Day 03
      • Day 04
      • Day 05
    • Die Mould India 2022
      • Day 01
      • Day 02
  • Supporters
  • Advertise
    • Quick REF
    • Media Kit
  • Webinars
  • Contact us
  • Team
  • Modern Plastics TV
No Result
View All Result
Modern Plastics India
  • HOME
  • About Us
  • News
    • Industry News
      • Market Report
      • Opening & Expansions
      • Expansions & Appointments
      • Partnership
      • Show News
      • Achievements
      • Awards & Recognition
      • Partnership
    • Technology & Innovation
      • Driver & Motors
      • Drives & Connectors
      • Gear & Pump
      • Innovation
      • Laser Update
      • Rapid Prototyping
      • Sensors & Connectivity
      • Software Update
      • Technology News
      • Technology Update
    • Machinery & Equipment
      • Ancillary
      • Ancillary Equipment
      • Automation & Robotics
      • Automation Update
      • Auxiliary
      • Hot Runner
      • Machinery Update
    • Materials & Compounding
      • Additives
      • Bio-Plastics
      • Colourants & Masterbatch
      • Compounding
      • Engineering Polymers
      • Master Batches
      • Material Update
      • Pigments & Master Batches
      • Thermoplastics
      • Wood Plastics Composites
    • Injection Moulding
      • Blow Moulding / Blow Molding
      • Extrusion
      • Hot Runners
      • Mould Making & Tooling
      • Pipe & Profiles
      • Sheet & Pipe
      • Thermoforming
    • Packaging & Printing
      • Packaging News
      • Packaging Update
      • Printing & Packaging
      • In-Mould Labeling (Labarity)
    • Features & Insights
      • Special Article
      • Product Launch
      • Interview
      • Research & Developments
      • Tête-à-Tête
    • Sustainability & Recycling
      • Circular Economy
      • Environment & Recycling
      • Environment & Sustainability
      • Recycling News
      • Recycling Update
    • Automotive & Mobility
      • Automotive
      • e-Mobility
    • Cables & Connectors
      • Wire & Cable
      • Drives & Connectors
    • 3D Printing & Prototyping
      • 3D Printing
      • Rapid Prototyping
    • Medical & Healthcare
      • Medical Plastics
    • Testing & Inspection
  • Magazine
    • Magazines
    • Supplement
    • Show Daily
    • Coffee Table Book
  • Gallery
    • PlastIndia 2023
      • Day 01
      • Day 02
      • Day 03
      • Day 04
      • Day 05
    • Die Mould India 2022
      • Day 01
      • Day 02
  • Supporters
  • Advertise
    • Quick REF
    • Media Kit
  • Webinars
  • Contact us
  • Team
  • Modern Plastics TV
No Result
View All Result
Modern Plastics India
No Result
View All Result

Covestro Established App for Product Carbon Footprint Calculation

Ginu Joseph by Ginu Joseph
June 27, 2023
in News, Features & Insights, Product Launch
Covestro Established App for Product Carbon Footprint Calculation.

Covestro Established App for Product Carbon Footprint Calculation

  • Covestro digitalizes product-specific life cycle assessments (LCA)
  • Environmental data for approx. 50,000 intermediates and finished products. Validation by end of 2024 so that data for finished products available for customers gradually in 2024
  • Covestro cloud enables innovative software solution for LCA calculations of proprietary products

In order to make the circular economy a reality and become operationally climate-neutral by 2035, Covestro pushes many projects aimed at cutting greenhouse gas emissions. These emissions are generated in the company’s own production through the use of energy and throughout the value chain, both upstream at suppliers and downstream at customers.

Covestro’s climate impact in the manufacture of its products can be assessed using the product carbon footprint from cradle to gate, which can be calculated automatically for about 50,000 intermediate and finished products. At the moment, the results are being validated in order to make them available to customers gradually in 2024. In the meantime, Covestro continues to deliver data from a manual process using a life cycle assessment tool and a method that was certified according to ISO 14040/44 and ISO 14067 last year by TÜV Rheinland Energy GmbH. The automation of the calculation will enable Covestro to determine the specific carbon footprints for products in its entire product portfolio and identify potential for reducing greenhouse gas emissions. Additionally, Covestro plans to provide its customers in future with data on the products for sale, thereby contributing to an emissions assessment and a potential subsequent emissions reduction on the customer’s side. In addition to the carbon footprint, the digital solution also enables the calculation of other environmental impact categories, such as the acidification- or photochemical ozone creation potential.

The calculation considers emissions of raw materials used, energy consumed, direct emissions generated, and waste streams generated during the manufacture of a product. The calculation is based on Covestro’s internal plant- and site-specific data as well as external databases for e.g., raw material data and, if available, specific raw material data from suppliers. The data that is calculated includes intermediate and finished products, meaning that the entire value chain for the products all the way to the Covestro gate is taken into account.

“We all want and need to reduce emissions along the value chain – this applies to us at Covestro just as much as it does to our suppliers and customers. Our customers’ requirements are clear: to provide data for all our products and to identify opportunities to reduce emissions,” explains Lynette Chung, Chief Sustainability Officer at Covestro.

Digitalization as a core component for generating sustainability data

Covestro has now taken a major step forward in automated calculation. Information on material and energy consumption is pulled from existing data sources and systems, such as enterprise resource planning (ERP), and merged with data from databases in the cloud. Covestro uses the Product Sustainability Platform from AllocNow GmbH for this purpose. The software company specializes in the automated calculation of life cycle assessments for chemical products. In the future, further supplier data could be reflected in the calculation. “In 2022, our portfolio had about 50,000 intermediates and finished products. The manual calculation of life cycle assessment data for just one of these products took several days,” explains Michaela Lentz, IT & Digital Transformation Partner for Sustainability at Covestro and IT lead for the project. “By combining and using the data, we can now calculate greenhouse gas emissions in production for a single product. Annual recalculations and future process changes can be retrieved at the push of a button, so to speak. Our software solution has been developed directly in the cloud,” Lentz continues. Covestro does not need to maintain server capacity for the annual recalculation of LCA data, but can scale up computing capacity as needed. The company is thus very resource-conscious in its use of server services and is making a further contribution to its sustainability goals.

“Covestro’s manual life cycle assessment calculation process was already reviewed against ISO 14040/44 and 14067 and certified by TÜV Rheinland Energy GmbH last year. Now we are seeking additional certification according to the relevant ISO-standards and in alignment with the Together for Sustainability (TfS)-guideline for the automated method,” says Dr. Catherine Lövenich, the project manager who works at Group Innovation. “The method is very complex. Take MDI, for example, a typical precursor for insulation foams. Covestro purchases the raw material benzene, which is then converted into the finished product MDI via several intermediates using energy and other raw materials,” Lövenich explains. “All these steps and the use of the raw materials employed are included in the calculation of the carbon footprint for a particular MDI type.” Since both the quality of the methodology and of the data are important to Covestro, the results are being validated at Covestro. Validation of the data should be completed by the end of 2024. In the meantime the current manual approach will keep supporting with customer requests.

Digitalization is a major driver to improve sustainability and achieve the circular economy. Covestro is focusing on more data-centric business management to achieve digital transformation. Production, Research and Development, and Supply Chain Management are the three divisions that are currently the main focus.

www.covestro.com

 

#modernplasticsindia #plasticmagazine #indianmagazine #indianplasticmagazine #modernplasticsaward #ginujoseph #modernplastic #plasticindia #plasticnews #plasticrecycling #modernplasticsglobalnetwork #modernglobalnetwok #modernplasticsaward2023 #PlasticIndustry #covestro

SendShareSendShareTweet
Previous Post

Mixing Sustainability and Convenience: Mondi and Baumit Launch Water-Soluble Bag for Dry Mix Mortar

Next Post

BIOVYN PVC Supports Net-Zero-Energy Constructions(*) in the Netherlands

Ginu Joseph

Ginu Joseph

Editor in Chief and CEO

Related Posts

Mariana Rodriguez Appointed New Vice President and General Manager of Materials Group EMENA
Circular Economy

Mariana Rodriguez Appointed New Vice President and General Manager of Materials Group EMENA

September 24, 2025
Asahi Kasei to unveil PFAS-free polyamides and CFRP recycling technology at K 2025
Automotive

Breakthrough PFAS-Free Polyamides and Advanced CFRP Recycling Technology to Debut at K 2025

September 24, 2025
34 New Apprentices and DHBW Students Begin Their Journey
Industry News

34 New Apprentices and DHBW Students Begin Their Journey

September 24, 2025
WICKERT at the K 2025 trade fair Automation as the answer to the shortage of skilled workers and cost pressure
Industry News

Automation Takes Center Stage at K 2025 as the Industry Confronts Labor Shortages and Rising Costs

September 18, 2025
Once More Among the World’s Best in Solar Car Racing
Automotive & Mobility

Once More Among the World’s Best in Solar Car Racing

September 16, 2025
Positive Scientific Opinion Granted by EFSA for Advanced PET Bottle-to-Bottle Recycling Process
Environment & Sustainability

Positive Scientific Opinion Granted by EFSA for Advanced PET Bottle-to-Bottle Recycling Process

September 16, 2025
Prestigious Prize Awarded to Art Historian Anna Maria Jonietz for Groundbreaking Dissertation on Medici Portraits
Industry News

Prestigious Prize Awarded to Art Historian Anna Maria Jonietz for Groundbreaking Dissertation on Medici Portraits

September 16, 2025
A Renaissance for Plastics as Technology Powers the World’s First Commercial Fossil-Free LDPE Facility
Industry News

A Renaissance for Plastics as Technology Powers the World’s First Commercial Fossil-Free LDPE Facility

September 15, 2025
Next Post
BIOVYN PVC Supports Net-Zero-Energy Constructions in the Netherlands.

BIOVYN PVC Supports Net-Zero-Energy Constructions(*) in the Netherlands

KRAIBURG TPE Offers Slip-Free Convenience for Vehicle's Cup Holders.

KRAIBURG TPE Offers Slip-Free Convenience for Vehicle's Cup Holders

Moog Introduces New Electrohydrostatic Pump System (EPS): Highest Energy Efficiency in the Smallest Space.

Moog Introduces New Electrohydrostatic Pump System (EPS): Highest Energy Efficiency in the Smallest Space

Please login to join discussion

Modern Plastics India, India’s only monthly plastics magazine which is jumping into its Twenty Fifth (25th) years of publication with the highest print and digital circulation.

Instagram Facebook X-twitter Youtube Linkedin Telegram
MODERN BUSINESS GLOBAL NETWORK

Modern Business India
Modern Business Asia
Modern Business Europe
Modern Business America
Modern Business Gulf

Load More

MODERN PLASTICS GLOBAL NETWORK

Modern Plastics India
Modern Plastics Asia
Modern Plastics Europe
Modern Plastics America
Modern Plastics Global

Load More

WOMEN INDIA NETWORK

Women India Network
Women India
Beauty N Fitness India
Beauty N Fitness Times
Modern Fashion Life Style

Load More

All Rights Reserved,  © 2000 – 2025.
Modern Plastics India™ and its related marks are registered trademarks of Chrysoprase Multimedia & Services Private Limited ®, Mumbai (IN).



No Result
View All Result
  • HOME
  • About Us
  • News
    • Industry News
      • Market Report
      • Opening & Expansions
      • Expansions & Appointments
      • Partnership
      • Show News
      • Achievements
      • Awards & Recognition
      • Partnership
    • Technology & Innovation
      • Driver & Motors
      • Drives & Connectors
      • Gear & Pump
      • Innovation
      • Laser Update
      • Rapid Prototyping
      • Sensors & Connectivity
      • Software Update
      • Technology News
      • Technology Update
    • Machinery & Equipment
      • Ancillary
      • Ancillary Equipment
      • Automation & Robotics
      • Automation Update
      • Auxiliary
      • Hot Runner
      • Machinery Update
    • Materials & Compounding
      • Additives
      • Bio-Plastics
      • Colourants & Masterbatch
      • Compounding
      • Engineering Polymers
      • Master Batches
      • Material Update
      • Pigments & Master Batches
      • Thermoplastics
      • Wood Plastics Composites
    • Injection Moulding
      • Blow Moulding / Blow Molding
      • Extrusion
      • Hot Runners
      • Mould Making & Tooling
      • Pipe & Profiles
      • Sheet & Pipe
      • Thermoforming
    • Packaging & Printing
      • Packaging News
      • Packaging Update
      • Printing & Packaging
      • In-Mould Labeling (Labarity)
    • Features & Insights
      • Special Article
      • Product Launch
      • Interview
      • Research & Developments
      • Tête-à-Tête
    • Sustainability & Recycling
      • Circular Economy
      • Environment & Recycling
      • Environment & Sustainability
      • Recycling News
      • Recycling Update
    • Automotive & Mobility
      • Automotive
      • e-Mobility
    • Cables & Connectors
      • Wire & Cable
      • Drives & Connectors
    • 3D Printing & Prototyping
      • 3D Printing
      • Rapid Prototyping
    • Medical & Healthcare
      • Medical Plastics
    • Testing & Inspection
  • Magazine
    • Magazines
    • Supplement
    • Show Daily
    • Coffee Table Book
  • Gallery
    • PlastIndia 2023
      • Day 01
      • Day 02
      • Day 03
      • Day 04
      • Day 05
    • Die Mould India 2022
      • Day 01
      • Day 02
  • Supporters
  • Advertise
    • Quick REF
    • Media Kit
  • Webinars
  • Contact us
  • Team
  • Modern Plastics TV

© 2025 Modern Plastics India