First sustainability report from CovationBio
Biomaterials company CovationBio has released its first sustainability report, less than one year after the company’s launch.
CovationBio launched as a company in June 2022 after the acquisition by Chinese polymer producer Huafon of the DuPont Biomaterials group.
Chief executive, Dr Michael Saltzberg, said he regarded the publication of Covation’s first sustainability report less than a year after the new company’s introduction as “a huge milestone”.
The company said the report reinforced its commitment to contribute to sustainability advancements in four key areas, aligned with the United Nations Sustainable Development Goals (SDGs). Areas of focus are ‘Decent Work and Economic Growth’ (SDG 8), ‘Responsible Production and Consumption’ (SDG 12), ‘Climate Action’ (SDG 13), and ‘Commitment to Life on Land’ (SDG 15).
Its three product lines contain biobased material derived from annually renewable plant resources. Its bio-propanediol (Bio-PDO) products, Susterra and Zemea, are 100% biobased and its Sorona polymer is 37% biobased.
On publishing the report, CovationBio said it now has a cross-functinoal team investigating ways of creating Sorona polymer entirely from annually renewable or recycled resources. It said it would also update life cycle assessment (LCA) studies it already has for all three products.
