Covestro LLC Polyurethane Innovation Award finalist for PUReWall closed cell spray foam.

PITTSBURGH, PA. – August 23, 2017 – Covestro LLC, a leading supplier of high-tech polymers, was named a finalist of the 2017 Polyurethane Innovation Award for its new polyurethane-based panelized wall technology, PUReWall™. Sponsored by the Center for the Polyurethanes Industry (CPI), this award recognizes companies and individuals whose vision and perseverance result in new products, technologies and initiatives.

“At Covestro, innovation is our direction. We strive to develop breakthrough chemical and application technologies in the markets we serve,” explained Eric Rexrode, director of research and development, Rigid Raw Materials, Covestro LLC. “PUReWall™ is proof of what’s possible through innovations in polyurethane chemistry, and we’re honored to be recognized for this work as a Polyurethane Innovation Award finalist.”

Designed for residential construction, PUReWall™ panels are manufactured at a panelization facility in a controlled environment and installed at the construction site. This structural, high-performance wall replaces traditional exterior sheathing with polyiso rigid foam board and uses a new closed cell spray polyurethane foam formulation that results in a highly structural and energy-efficient panel.

PUReWall™ provides several benefits to panelizers and builders:

Up to 75 percent less time to erect walls on-site and up to 30 percent less waste compared to stick-built construction
30-40 percent lighter than conventional wall panels, allowing for easier lifting and placement of PUReWall™ at the construction site
Meets insulation requirements and stringent energy codes
Eliminates the need for plastic house wrap through the use of a polyiso insulation board that acts as an air and moisture barrier
Meets code requirements for wall shear and racking strength
Reduces cycle time, waste and labor costs
Maximizes system performance by manufacturing components in a controlled environment

“PUReWall™ is an innovative approach to construction that highlights the best attributes of polyurethane chemistry,” said Jim Lambach, manager of Building and Construction, Industrial Marketing, Polyurethanes, Covestro LLC. “Not only are we bringing this technology to a wider market, but we’re also developing polyurethane advocates across the building and construction industry in the process.”

Winners will be announced at the 2017 Polyurethanes Technical Conference on October 4, 2017, in New Orleans.

About Covestro LLC:
Covestro LLC is one of the leading producers of high-performance polymers in North America and is part of the global Covestro business, which is among the world’s largest polymer companies with 2016 sales of EUR 11.9 billion. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, construction, wood processing and furniture, electrical and electronics, and medical industries. Other sectors include sports and leisure, cosmetics and the chemical industry itself. Covestro has 30 production sites worldwide and employed approximately 15,600 people at the end of 2016.

Forward-Looking Statements
This press release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available on the Covestro website. Covestro assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.