Covestro is a global leader in polymer materials and has signed a memorandum of understanding with the leading Institute of Chemical Technology (ICT). The memorandum is designed to find innovative solutions that can be used as a driving force. The Sustainable Development Goals make a significant contribution. Under the agreement, the scope of the study will cover the warming and insulation of open poultry sheds, as well as improvements in the production process to produce flame retardant PU and PU-PCM for refrigeration.
This Memorandum of Understanding aims to establish scientific and technical knowledge through joint research and to apply the research results to the industry.
It will promote the development of polymer-based PCM materials that can replace low-efficiency and high-energy components.
The memorandum of understanding by the Korth Chong India Company (Covestro India), General Manager Mr. Ajay Durrani, Korth Chong shares, Chief Financial Officer Thomas Toepfer Institute of Technology chemistry professor and PhD (ICT) Vice President of GD Yadav exchange, which create and chemical Korth The Institute of Technology is looking forward to cooperation and opportunities.
During the announcement, Mr. Ajay Durrani, General Manager of Covestro India, said: 'We believe that through this partnership, we are able to conduct groundbreaking research that enables us to find large-scale applications of multifunctional materials. Sustainable solutions. We are convinced that these research-based applications will help us provide solutions to food safety issues in India and help achieve smarter, safer transportation, thereby contributing to the country's economic and social development.'
Dr. Thomas Toepfer, Chief Financial Officer of Covestro, said: 'According to our commitment, by 2025 we will spend 80% of our R&D project expenditures on the challenges of meeting the Sustainable Development Goals. At the same time, we will further increase our investment. This will benefit India and other countries while creating value. We look forward to using these opportunities in India and the Asia Pacific region to make the future of the world brighter.'
Professor G.D. Yadav, Deputy Director of the Institute of Chemical Technology (ICT), said: 'We are pleased to work with Covestro on research projects to provide students with opportunities to develop practical solutions for food security and national security issues in India.'
India has about 6,300 cold storage facilities with a capacity of 30.11 million tons, which can only store about 11% of the country's total perishable products. This creates a huge gap between agricultural production and storage. India wastes the total amount of agricultural products produced. 40%. These cold storage and poultry sheds use electricity and diesel to maintain temperature, resulting in excessive use of energy and fossil fuels, and adversely affecting the environment. Research materials that can be used in cold storage and poultry sheds not only maintain the required temperature, It also helps to reduce the carbon footprint, which will have a huge impact.
Flame-retardant polyurethane is a high value-added polyurethane. Flame retardant is a chemical that is added to combustible materials to provide greater flame retardancy. They are designed to minimize contact in small areas. Risk of fire when heat sources (such as cigarettes, candles or electrical faults). The acceleration of urbanization has led to an increase in transportation services such as luxury buses, subways, train seats, etc., providing a good opportunity for flexible FR-PU applications. So that people's travel is safer.