Covestro launches efficiency project
ECONOMY & POLICY

Covestro launches efficiency project

Covestro has launched its largest energy-efficiency project with an investment in a new steam compressor at its Dormagen site in Germany. The company said the modernisation will reduce its energy consumption in Germany by two per cent annually compared to 2025 levels.

The project is expected to save a low three-digit GWh volume of energy and more than 40,000 tonne of CO2 emissions each year. Covestro is investing a low double-digit million-euro amount in the upgrade.

The compressor will function on the principle of a heat pump. Water vapour generated during the production of TDI, a component used in flexible foam, will be raised to a higher temperature and pressure level so it can be reused in production processes instead of being released as waste heat.

The project forms part of Covestro’s broader energy-efficiency strategy for climate-neutral production. The company said it had reduced energy consumption by around 40 per cent between 2005 and 2022 and aims to consume 20 per cent less energy per tonne of product by 2030 compared to 2020.

Construction is scheduled to begin by the end of 2026, with the compressor expected to begin operations in mid-2027.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Covestro has launched its largest energy-efficiency project with an investment in a new steam compressor at its Dormagen site in Germany. The company said the modernisation will reduce its energy consumption in Germany by two per cent annually compared to 2025 levels.The project is expected to save a low three-digit GWh volume of energy and more than 40,000 tonne of CO2 emissions each year. Covestro is investing a low double-digit million-euro amount in the upgrade.The compressor will function on the principle of a heat pump. Water vapour generated during the production of TDI, a component used in flexible foam, will be raised to a higher temperature and pressure level so it can be reused in production processes instead of being released as waste heat.The project forms part of Covestro’s broader energy-efficiency strategy for climate-neutral production. The company said it had reduced energy consumption by around 40 per cent between 2005 and 2022 and aims to consume 20 per cent less energy per tonne of product by 2030 compared to 2020.Construction is scheduled to begin by the end of 2026, with the compressor expected to begin operations in mid-2027.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement