The business of bio-based materials gets stronger as yet another player steps into the market with the launch of Covation Biomaterials by the Chinese conglomerate, Huafon Group.
China’s Huafon Group on Wednesday launched Covation Biomaterials as an independent business following the former’s acquisition of DuPont Biomaterials.
Combining decades of worldclass science and engineering expertise with new investment and manufacturing capabilities, Covation Biomaterials creates sustainable building blocks for customers to make innovative and high-performance, bio-based products accessible globally.
Covation Biomaterials improves product performance and protects the environment by finding new ways to use science and engineering to meet the growing global demand for sustainable materials today and in the future. The new company builds on a decades-long legacy and successful suite of products currently available in the market, including:
Sorona, a partially bio-based polymer that answers the global call for sustainably sourced carpets and fabrics, bridging the personal and societal at a defining moment in its ecological stewardship. Sorona is ideal for creating attractive, high-performance apparel and soft, durable carpeting;
Susterra, a 100% plant-based, high-performance building block that reduces the need for petroleum-based components while enhancing end-product attributes. Its applications range from footwear and outdoor apparel to coatings, inks and functional fluids; and
Zemea, a plant-based and biodegradable material that helps brands reach sustainability goals without compromising quality or performance. Available in multiple formulations, Zemea meets exacting standards in a variety of high-volume markets, from personal care and home care, to pharmaceuticals, to enhancing flavours and foods.
"As a supplier of bio-based materials solutions, we are an important gateway into a more circular economy. Sustainable supply chains must begin with sustainable materials and our science allows our customers to end their over-reliance on petroleum. By collaborating with forward-thinking value chain partners and brands globally, we will continue to push the boundaries of innovation and sustainability to deliver high-performance biomaterials at scale. We are thrilled to be joining the Huafon Group, a highly successful materials company that is uniquely positioned to expand the reach of our current products and help us accelerate the introduction of new offerings and technologies to the market."
— Michael Saltzberg / CEO / Covation Biomaterials
"We have long admired the work by this team of biomaterials scientists and developers, who are developing industry-leading, sustainable materials available at scale. The addition of Covation Biomaterials to the Huafon Group will bring bio-based materials to an even larger global customer base and drive the materials sector toward a sustainable future. We are excited for the bright future of this business."
— Feifeng You / Vice President / Chairman of the Board / Huafon Group / Covation Biomaterials
Source: Texfash