Fire, weather and earthquake resistant houses constructed using advanced technology were handed over to the underprivileged families as part of the ‘Umeed ki Awaaz’ initiative
Covestro, one of the world’s largest polymer companies, in association with Habitat for Humanity India, Industrial Foams and Cana over the second in a series of three homes to three indigent families in New Delhi to promote sustainable and affordable living in the country under its ‘Umeed ki Awaaz initiative’.
Covestro India, the principal sponsor of the initiative and the lead member of the India Insulation Forum, provided with advanced materials in collaboration with Industrial Foams (Pvt) Ltd build the three state-of-art technology, energy efficient homes.
The innovation employed a paper honey comb structure lending load bearing capacity to the structure compressed between polyurethane (PU) foam and two cement board facings. The facings are chemically stable and provide safety against fire, offer weather and termite resistance. The PU foam provides insulation, helps in reducing heat and makes the home thermally comfortable. Paper honeycomb makes the environment-friendly.
Commending the partners in the Umeed ki Awaaz initiative, Ajay Durrani, Managing Director, Covestro India said, “Sustainable thinking and acting is vital to preserve our environment and improve the quality and safety of the lives of millions. At Covestro, we strive to contribute to this goal with our products and technologies that benefit society and reduce the impact on the environment. Through this collaboration, Covestro demonstrates its commitment towards nurturing India for a better tomorrow using talented materials and technology.”
Rajan Samuel, Managing Director, Habitat for Humanity India, said,"We are excited to work with Covestro on this innovative housing project. Pre-fab technology will play in important role in resolving India's housing challenge. Habitat's work is aligned with the Government of India's Pradhan Mantri Awaas Yojna and we are committed to achieve the Housing for All by 2022 vision. We need to ensure that this technology is accessible and affordable to the poor. "
Covestro has long been engaged in the sustainable construction of affordable homes through its global partnership with Habitat for Humanity. In 2016, Covestro partnered with the Rajasthan Housing Board and Podar's advisory division (PACE) to build homes using PIR panel that were energy efficient and which could withstand an earthquake up to 7 Richter scale. Such innovations help us to understand the diverse offerings which Covestro is able to bring to the marketplace based on the needs.
With 2016 sales of EUR 11.9 billion, Covestro is among the world’s
largest polymer companies. 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, and electrical and
electronics industries. Other sectors include sports and leisure, cosmetics,
health and the chemical industry itself. Covestro has 30 production sites worldwide and employs approximately
15,600 people (calculated as full-time equivalents) at the end of 2016.
This news 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 at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.