CONTINENTAL:GERMANY, RELIES ON BIO-ATTRIBUTED PVC BIOVYN FOR TECHNICAL & DECORATIVE SURFACE MATERIALS
Continental selects bio-attributed PVC BIOVYN for its production of surface materials for the automotive industry • BIOVYN™ resins help Continental to reduce its carbon footprint • Certified by the Roundtable on Sustainable Biomaterials, BIOVYN delivers a reduction in carbon footprint of over 70% • The use of BIOVYN resins meets increasing customer demand for more sustainable raw materials Hanover/London, August 4, 2022. Continental is going to use BIOVYN, bio-attributed PVC, from INOVYN in the production of its technical and decorative surface materials for its automotive customers.
The agreement will help to reduce its carbon footprint and meet customer demand for sustainable bio-based products. BIOVYN is a new generation of PVC grades certified by the Roundtable on Sustainable Biomaterials (RSB). It is a ‘drop-in’ product that is made from a 100% renewable raw material, avoiding fossil-based feedstocks. This innovative product enables more than 70% greenhouse gas savings compared to the production of PVC in the conventional way. “Major automotive manufacturers are now demanding more sustainable raw materials such as biobased polymers,” explains Dr. Dirk Leiss, who leads Continental's Surface Solutions business area. “With the fully bio-attributed PVC material, we meet these customers' demand, contribute to more sustainability and drive innovation of products at the same time.” Inna Jeschke, Business Unit Manager Polymers at INOVYN, said, “The team at INOVYN are extremely proud to be working with Continental to reduce the carbon footprint of its customers in the auto sector. As the first commercial producer of bio-attributed PVC, we have received considerable attention from all industries as we work together to improve sustainability and drive a more circular economy. We look forward to working together with Continental on innovative solutions for a sustainable future.” Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. In 2021, Continental generated sales of €33.8 billion and currently employs more than 190,000 people in 58 countries and markets. On October 8, 2021, the company celebrated its 150th anniversary. About INOVYN Part of INEOS. INOVYN is Europe's leading producer of vinyls and in the top three worldwide. With an annual turnover of €4.5 billion, INOVYN has approximately 4,200 employees and manufacturing, sales and marketing operations in 8 countries across Europe. INOVYN’s portfolio consists of an extensive range of class-leading products arranged across General Purpose Vinyls; Specialty Vinyls; Organic Chlorine Derivatives; Chlor Alkali; Hydrogen and Vinyls Technologies. INOVYN's annual commercial production volume is circa 10 million tons.
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