Covestro joins hands with original equipment manufacturers and suppliers to develop closed-loop plastics recycling system for end-of-life vehicles

Circular Economy & Remanufacturing

Key partners include NIO of China and Volkswagen, Chinese recycling company GEM, and third-party certification bodies like TÜV Rheinland.

With an increased global focus on sustainability and stringent regulatory requirements, the automotive industry is realizing the necessity of plastic recycling for sustainable development. Responding to these changing dynamics, German supplier Covestro has announced teaming up with the automotive value chain, and is spearheading the concept of car-to-car closed-loop plastics recycling, which is emerging as a promising solution to tackle the challenges of plastic waste management in the sector.

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