Covestro Starts Production of Composites
Covestro AG, Leverkusen, Germany, begins commercial production of continuous fiber-reinforced thermoplastic composite material (CFRTP) at Markt Bibart, Germany. The company has invested a double-digit million sum to develop the Franconian town a location for high-tech materials. Markt Bibart is located in the vicinity of renowned universities that conduct intensive research into the further development of composite materials. Covestro now employs 50 people in Markt Bibart, and further expansion is planned. Dr. Michael Schmidt and David Hartmann are leading the CFRTP business of Covestro as Co-CEOs.
"The driving force behind all these developments is sustainability: We want to benefit society and improve people's quality of life, but minimize the impact on the environment. We have also developed a polyurethane resin that, in combination with reinforcing glass fibers and a special manufacturing process, enables the cost-efficient production of rotor blades for wind turbines. In this way, we promote the further expansion of renewable energies," says Patrick Thomas, CEO of Covestro.
The composite material of the future is based on continuous carbon or glass fibers impregnated with polycarbonate, thermoplastic polyurethane (TPU) or other thermoplastic resins. From this, Covestro produces uni-directional reinforced tapes and sheets for further processing by customers. These products can be tuned to infinite combinations, giving designers completely new creative opportunities. Another special feature of CFRTPs is that they feel and sound like metal, but offer the design freedom of plastics.
The history of CFRTP composites began with the foundation of Thermoplast Composite GmbH in 2007 in Langenfeld in the Rhineland. The start-up company, including technology and intellectual property, was acquired by Bayer MaterialScience, the predecessor of Covestro, in March 2015 and shortly afterwards moved to Markt Bibart. This is where the construction and expansion to today's production site began. During 2018, Covestro is planning to announce many more customer projects.
Covestro Deutschland AG
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