Leverkusen, Germany -- A petroleum conserving method for the production of plastics developed by Bayer has been shortlisted for the German Innovation Prize for Climate and the Environment.
It is a method for using the greenhouse gas CO2 for the production of high-quality plastics. The CO2 replaces a portion of the fossil fuels, such as petroleum, on which these materials have predominantly been based in the past.
Bayer wrapped up the corresponding research during the summer of 2013 and the company plans to launch the first CO2-based products from 2015.
The German Ministry for Education and Research and the Federation of German Industry will present the prize in Berlin on December 3.