Launch Of Covation Biomaterials: Delivering Innovative, High-Performance, Bio-Based Materials At Scale
PR96283
NEWARK, Del., June 1, 2022 /PRNewswire=KYODO JBN/ --
Covation Biomaterials, a leading global company offering bio-based solutions,
launched today as an independent business, following the acquisition of DuPont
Biomaterials by the Huafon Group.
Logo - https://mma.prnewswire.com/media/1827882/Covation_Biomaterials_Logo.jpg
Proudly combining decades of world-class science and engineering expertise with
new investment and manufacturing capabilities, Covation Biomaterials is
creating the sustainable building blocks for customers to make innovative and
high-performance, bio-based products accessible globally.
"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
overreliance on petroleum," said Michael Saltzberg, CEO - Covation Biomaterials.
"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 said.
Covation Biomaterials improves product performance, protects the environment
and partners to turn passion into progress. Together, Covation Biomaterials and
its customers find 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(R), 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 our ecological stewardship. Sorona(R)
is ideal for creating attractive, high-performance apparel and soft,
durable carpeting;
-- Susterra(R),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(R), a plant-based and biodegradable material that helps brands
reach sustainability goals without compromising quality or performance.
Available in multiple formulations, Zemea(R) meets exacting standards
in a variety of high-volume markets, from personal care and home care,
to pharmaceuticals, to enhancing flavors and foods.
Covation Biomaterials has a rich product pipeline of exciting bio-based
solutions that it will bring to the market.
"We have long admired the work by this team of biomaterials scientists and
developers, who are developing industry-leading, sustainable materials
available at scale," said Feifeng You, vice president - the Huafon Group and
Chairman of the Board - Covation.
"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 said.
About Covation Biomaterials
Founded in 2022, in Newark, Delaware, Covation Biomaterials is a leading global
innovator offering a product portfolio of high-performance, sustainable
solutions. The company builds on its rich DuPont legacy of groundbreaking
scientific innovation and continues to deliver novel solutions at scale across
multiple industries, including apparel, carpeting, cosmetics, food and
packaging. Through product lines such as Sorona(R), Susterra(R) and Zemea(R),
the mission of Covation Biomaterials is to deliver the sustainable building
blocks that will enable customers to provide bio-based products accessible to
everyone.
About the Huafon Group
Founded in 1991, headquartered in Ruian, China, Huafon Group has been
innovating to provide new material solutions globally in multiple industries by
promoting sustainability, safety, technology and quality. Huafon Group is one
of the largest manufacturers of polyurethane (PU) materials in the world with
broad product portfolio in adipic acid, polyester polyols, spandex filament,
microfiber material, TPU, polyamide etc. By 2021, Huafon Group has more than
14,000 employees and owns multiple subsidiary companies globally in chemical,
metals, finance, logistics, information technology and trade.
Covation, Covation Biomaterials, Sorona(R), Susterra(R), and Zemea(R), are
trademarks of Covation Biomaterials LLC or its affiliates. For more information
about Covation Biomaterials, please visit CovationBio.com and follow us on
Huafon is a trademark of Huafon Group. Co., Ltd. or its affiliates. For more
information about Huafon Group, please visit Huafeng.com
Contact:
Alexa Raab
Alexa.raab@covationbio.com
SOURCE Covation Biomaterials
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