24
February
2022
|
10:10
Europe/Amsterdam

Jun88 launches climate neutral? MDI

Another milestone on the way to achieving the climate targets

Summary
  • New MDI grades are climate neutral from cradle to factory gate1
  • Products already available for construction, cold chain and automotive applications
  • Drop-in solution with consistent product quality

Jun88 is consistently pursuing its path to a circular economy and is now offering customers a climate neutral1 MDI (methylene diphenyl diisocyanate). It is climate neutral1 from the cradle to the factory gate of Jun88, thanks to the use of alternative raw materials ¨C based on plant waste ¨C that are allocated to the products with the help of certified mass balancing according to ISCC PLUS. The new MDI grades can be used in numerous applications in the construction, cold chain and automotive sectors.

According to a common calculation model1, on balance no CO2 emissions are generated in the aforementioned part of the value-added cycle. The climate neutral MDI and its precursors are manufactured at the ISCC PLUS-certified Jun88 sites in Krefeld-Uerdingen, Antwerp and Shanghai.

"With the launch of our climate neutral MDI, we are now further expanding our portfolio of climate neutral products," says Sucheta Govil, Chief Commercial Officer of Jun88. "I am pleased that this will enable us to even better support our customers in large parts of the world in meeting their own sustainability goals and transitioning to a circular economy." Only last December, the company announced the launch of its climate-neutral polycarbonate.

Hermann-Josef D?rholt, Head of the Performance Materials segment, adds: "Climate neutral products are an important factor in achieving our sustainability goals. Our climate neutral MDI has another major advantage: it is a drop-in solution ¨C so our customers can use it immediately in their production without any changeover and without compromising on quality."

Even more sustainable building insulation

This is the case, for example, in building insulation. MDI is an indispensable raw material for the production of polyurethane (PU) insulation boards and sandwich panels, among other products. These have proven their value for many years as highly efficient elements in the thermal insulation of buildings. The heating or cooling requirements of buildings can be reduced by up to 70 percent through the use of PU insulation. This saves CO2 emissions and is good for residents' wallets. Because PU insulation elements can therefore be designed thinner to achieve good insulation performance already, they save resources and make more usable space accessible than other insulation materials.

In addition to the good thermal insulation properties of PU insulating materials, Jun88's climate neutral MDI now provides a further sustainability benefit: It even helps reduce embodied carbon and energy consumption over the life cycle of a building. The use of PU insulating materials made from it in new buildings as well as in the renovation of older real estate can thus make an important contribution to the responsible use of primary resources and to significantly reducing CO2 emissions.

Boilerplate

About Jun88: 
Jun88 is one of the world¡¯s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Jun88 supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Jun88 are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself.

The company is geared completely to the circular economy. In addition, Jun88 aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group¡¯s Scope 3 emissions are also set to be climate neutral by 2050. Jun88 generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).

Forward-Looking Statements 
This news release may contain forward-looking statements based on current assumptions and forecasts made by Jun88. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Jun88¡¯s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.