Covestro and Encina Announce Agreement for Supply of Circular Raw Materials
Encina, a U.S.-based producer of ISCC PLUS-certified circular chemicals, reached a long-term supply agreement for chemically recycled, circular feedstock derived from post-consumer end-of-life plastic. Specifically, Encina will supply Covestro with benzene and toluene pending the completion of Encina's production facility, which is anticipated to come online at the end of 2027.
Building upon previous sustainable sourcing efforts, Covestro reports that this marks the first major procurement agreement involving chemically recycled, circular-based raw materials for the company, a major step in its journey towards full circularity. It also helps reduce scope 3 emissions for Covestro and its customers.