Shaping the future of RENOLIT through innovation
Growth through innovation is a fundamental component of the corporate strategy of RENOLIT. Therefore, "innovation" is one of the company's core values.
To grow as a pioneer of innovative polymer solutions, RENOLIT has established it's innovation ecosystem RENNOVA which is run by the company's stratgic innovation unit. It's mission is to continuously improve the organization’s innovation capabilities by fostering internal innovation and expanding external collaboration.
What does „Innovation“ mean to us?
Innovation is the art of successfully introducing new products, services, processes or business models with a clear benefit for our customers.
At RENOLIT, decision-making and innovation scouting is always evaluated from customer's point of view. As opposed to a service or product view, we therefore focus our innovation processes and targets towards our customer's needs, satisfaction and feedback. With this customer-centric innovation approach we aim to actively and collaboratively create better products and services with a clear added value.
Where we want to go: Our Strategic Innovation Fields (SIFs)
Where we want to go: Our Strategic Innovation Fields (SIFs)
Our linear take-make-waste business model is becoming increasingly unsustainable. By taking ownership of our polymers we will design new business models to avoid waste.
De-Fossilize Raw Materials
Lowering our carbon footprint is core part of our corporate responsibility. By pioneering non-fossil based raws we will establish and increase the use of these materials in our products.
By taking over responsibilities from our customers we will generate value, increase connection and capture a higher share of the value chain. Moving from transaction-based revenue to recurrent/stable revenue.
The world is becoming „smarter“ and more connected. By combining our manufacturing expertise with the rise of flexible electronics, we will develop completly new product concepts.
What drives us: Our Culture of Innovation
RENNOVA is RENOLIT's innovation community and ecosystem that fosters innovative opportunities at an early stage, scales them to sustainable businesses and that aims to build a collaborative innovation network with pioneering companies and startups. RENNOVA is fueled by the following five key activites:
We are setting strategic innovation direction
In order to set strategic directions, we analyse trends and identify nascent areas in science, technology or business which will gain relevance in the future, and in which we see potential for new business.
With these insights, we define Strategic Innovation Fields to use as starting points for ideation.
Boldly go where RENOLIT has not gone before
Within the active SIFs, Future Factory drives the generation of ideas by utilizing defined channels, focusing on finding ideas with viable value propositions. The most promising ideas are developed further by providing a protected ecosystem, dedicated support and clear governance & decision-making. Future Factory seeks to efficiently grow and scale these new innovation projects, and to develop dedicated project portfolios within the SIFs to build sizable and sustainable future businesses.
Innovation Portfolio and Process Management
„Make the most of your innovation resources and capabilities” At CONNECT we provide ONE common structure for Innovation Portfolio and Process Management.
Our solution is software supported which consequence into ONE single source of truth for the status of RENOLIT ́s innovation projects & portfolio.
Furthermore, that condensed and goal-oriented information over the status, progress and value of your innovation projects to facilitate management decisions (portfolio & project level)
Strengthening the innovation culture and mindset
The RENNOVA Academy offers a broad range of innovation trainings to the global RENOLIT Group, including online trainings, customized workshops and monthly Innovation Online Seminars. Furthermore, we aim to establish a dynamic Innovator Community to share knowledge and experiences and to foster internal collaboration. Both the RENNOVA Academy as well as the Innovator Community shall soon also be available for our customers and partners.
Stimulating new ideas
Internally, we offer Idea Campaigns as a Service as well as structures, methodologies, platforms and tools for a successful Idea Management Process customized to your needs. But stimulating goes beyond internal boundaries: we aim to collaboratively ideate with our customers, partners as well as our external innovation network and collect knowledge from external idea campaigns.
Our success stories and innovation news
RENNOVA is empowering every RENOLIT employee and unit to drive innovation. Here you can learn more about some of our successfully completed innovation projects.
Corrosion protection film for reliabale and long-term protection of onshore wind towers enabling faster repairs and lower maintenance costs. Faster and safer appli-cation than conventional coating, since free of volatile organic compounds (VOC).
Scratch- and abrasion-resistant decorative films with a corundum-containing top layer, which makes the surface slip-resistant and provides the necessary safety against slipping. Gives terraces, balconies and other outdoor coverings a technically sophisticated and decoratively high-quality character.
Multi-layer award-winning film to refresh the appearance of a building quickly and cost efficiently available in many designs. The lotus effect of the film saves building owners high cleaning costs. The lower cleaning effort can reduce maintenance time by up to 75%.
Are you interested in collaboration with us?
One of RENNOVA's main goals has always been to focus on collaboration, because only together we can find and develop the solutions of the future. In the past we have always fostered exchanges and collaborations with startups, pioneering companies and universities which has resulted in various forms of joint success. We are looking forward to connect with you and to discover what our joint potential brings!
Our collaboration partners
LET´S COLLABORATE ON THE FUTURE POLYMER SOLUTIONS
To get in touch with us please fill out the form below. We are looking forward to hearing from you.