Covation Biomaterials, a leading global company offering bio-based solutions, 
launched today as an independent business, following the acquisition of DuPont 
Biomaterials by the Huafon Group.

Logo - https://mma.prnewswire.com/media/1827882/Covation_Biomaterials_Logo.jpg

Proudly combining decades of world-class science and engineering expertise with 
new investment and manufacturing capabilities, Covation Biomaterials is 
creating the sustainable building blocks for customers to make innovative and 
high-performance, bio-based products accessible globally.

"As a supplier of bio-based materials solutions, we are an important gateway 
into a more circular economy. Sustainable supply chains must begin with 
sustainable materials and our science allows our customers to end their 
overreliance on petroleum," said Michael Saltzberg, CEO - Covation Biomaterials.

"By collaborating with forward-thinking value chain partners and brands 
globally, we will continue to push the boundaries of innovation and 
sustainability to deliver high-performance biomaterials at scale. We are 
thrilled to be joining the Huafon Group, a highly successful materials company 
that is uniquely positioned to expand the reach of our current products and 
help us accelerate the introduction of new offerings and technologies to the 
market," Michael said.

Covation Biomaterials improves product performance, protects the environment 
and partners to turn passion into progress. Together, Covation Biomaterials and 
its customers find new ways to use science and engineering to meet the growing 
global demand for sustainable materials today and in the future. The new 
company builds on a decades-long legacy and successful suite of products 
currently available in the market, including:

    -- Sorona(R), a partially bio-based polymer that answers the global call 
       for sustainably sourced carpets and fabrics, bridging the personal and 
       societal at a defining moment in our ecological stewardship. Sorona(R) 
       is ideal for creating attractive, high-performance apparel and soft, 
       durable carpeting;
    -- Susterra(R),a 100% plant-based, high-performance building block that 
       reduces the need for petroleum-based components while enhancing 
       end-product attributes. Its applications range from footwear and 
       outdoor apparel to coatings, inks and functional fluids; and
    -- Zemea(R), a plant-based and biodegradable material that helps brands 
       reach sustainability goals without compromising quality or performance. 
       Available in multiple formulations, Zemea(R) meets exacting standards 
       in a variety of high-volume markets, from personal care and home care, 
       to pharmaceuticals, to enhancing flavors and foods.

Covation Biomaterials has a rich product pipeline of exciting bio-based 
solutions that it will bring to the market.

"We have long admired the work by this team of biomaterials scientists and 
developers, who are developing industry-leading, sustainable materials 
available at scale," said Feifeng You, vice president - the Huafon Group and 
Chairman of the Board - Covation.

"The addition of Covation Biomaterials to the Huafon Group will bring bio-based 
materials to an even larger global customer base and drive the materials sector 
toward a sustainable future. We are excited for the bright future of this 
business," Feifeng said.

About Covation Biomaterials

Founded in 2022, in Newark, Delaware, Covation Biomaterials is a leading global 
innovator offering a product portfolio of high-performance, sustainable 
solutions.  The company builds on its rich DuPont legacy of groundbreaking 
scientific innovation and continues to deliver novel solutions at scale across 
multiple industries, including apparel, carpeting, cosmetics, food and 
packaging. Through product lines such as Sorona(R), Susterra(R) and Zemea(R), 
the mission of Covation Biomaterials is to deliver the sustainable building 
blocks that will enable customers to provide bio-based products accessible to 
everyone. 

About the Huafon Group

Founded in 1991, headquartered in Ruian, China, Huafon Group has been 
innovating to provide new material solutions globally in multiple industries by 
promoting sustainability, safety, technology and quality. Huafon Group is one 
of the largest manufacturers of polyurethane (PU) materials in the world with 
broad product portfolio in adipic acid, polyester polyols, spandex filament, 
microfiber material, TPU, polyamide etc. By 2021, Huafon Group has more than 
14,000 employees and owns multiple subsidiary companies globally in chemical, 
metals, finance, logistics, information technology and trade.

Covation, Covation Biomaterials, Sorona(R), Susterra(R), and Zemea(R), are 
trademarks of Covation Biomaterials LLC or its affiliates. For more information 
about Covation Biomaterials, please visit CovationBio.com and follow us on 
LinkedIn

Huafon is a trademark of Huafon Group. Co., Ltd. or its affiliates. For more 
information about Huafon Group, please visit Huafeng.com

Contact:
Alexa Raab 
Alexa.raab@covationbio.com

SOURCE  Covation Biomaterials