Leverkusen, Germany - Bayer MaterialScience's Dream Production research into a process for the production of plastics using carbon dioxide has made the company a favourite for this year's German Sustainability Award.
The company said in a 5 Aug press release that it is among the top three candidates in the category "Germany's Most Sustainable Initiatives."
Bayer was nominated for the Dream Production research project, which aims to turn the greenhouse gas carbon dioxide into a useful raw material. This could ultimately provide the chemical industry with an alternative to increasingly scarce resources such as petroleum, the German company said.
The winners in the various categories will be announced in Duesseldorf on 4 Nov 2011 as part of the celebration of German Sustainability Day. The jury's nomination of Bayer acknowledges the company's commitment to the "energy efficient, conservational and environmentally compatible use of CO2," Bayer reported the jury as saying.
"Dream Production has the potential of triggering a significant change in the raw material base of the chemical industry thanks to the exemplary combination of intercompany collaboration and applied research," said Patrick Thomas, ceo of Bayer MaterialScience.
The new process is currently undergoing thorough testing with the objective of beginning industrial production in 2015. A pilot plant brought on stream by Bayer in Leverkusen in February is using carbon dioxide from the power generation industry to produce polyether polyols, for the production of polyurethanes.
The German Sustainability Award has been each year since 2008 and is under the patronage of German Chancellor Angela Merkel. Bayer said the award recognises companies that are exemplary in their efforts to combine economic success with social responsibility and conservation of the environment.