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basf circular economy

It describes the transition from a linear “take-make-dispose” model to a system of closed loops. We use BASF's biomass balance (BMB) and ChemCycling TM approaches that contribute to the use of renewable and recycled feedstock and develop new circular business models. Sales of circular solutions include products based on renewable or recycled raw materials, that close new material cycles or increase products’ resource efficiency or service life. Watch webcast on December 10 at 10:30am CET here . Found insideThese companies (BASF, Caterpillar, Dow, DSM, GE, J&J, Kimberly-Clark, ... the acquisition thrust Avis into the circular economy business model of the ... In addition to these projects, we established a Group-wide co-funding program for circular economy projects. It requires substantial changes in terms of behavior and technology use. A smart circular economy concept should integrate product design, development, production processes, use and re-use systems and materials right from the beginning. Jan. 2014-Dez. circular economy business BASF announced today the expansion of its Seneca, South Carolina, USA, Platinum Group Metals (PGM) refining facility. Creating chemistry magazine: Circular Economy: A visionary roadmap? Learn how BASF (No. We contribute to close and extend the loops by developing and implementing circular solutions for the materials we source, further optimizing our operations and offering resource-efficient products and services which support our customers’ circularity journeys. The core elements of a circular economy include reusing resources, avoiding waste and optimizing product features with respect to the entire product life cycle. We want to actively drive this transition forward and make our value chains, processes, products and business models more circular. by Axel Barrett December 10, 2020. To achieve this, the company is concentrating on three action areas: circular feedstocks, new material cycles and new business models. Circular economy 22/09/2021 22/09/2021 Arnes Biogradlija 22 Germany - BASF and Contemporary Amperex Technology Co. Limited (CATL) have established a strategic collaboration on battery materials solutions, including cathode active materials (CAM) and battery recycling. Our aim is to close loops and use products and resources in the best way possible across the entire value chain. Found inside – Page 43022. http://factbook.basf.com/BASF-The-Chemical-Company/Verbund . 23. http://www.ellenmacarthurfoundation.org/circular-economy . Found inside – Page 142Enabling a circular economy for chemicals with the mass balance approach. Avaiable online: https://on.basf.com/2EHIqPK EU (2019a). By the year 2030, the company aims to double its sales generated with solutions for the circular economy to €17 billion. Elisabeth Skoda explores some of the recent innovations in chemical recycling technology and shines a spotlight on collaborative efforts and prospects for the technology. Nypel® polyamide (nylon) resins from BASF are injection molding and extrusion compounds containing recycled polyamide feedstocks and are specially formulated to combine quality, performance and processability. It supports our employees in developing new business models for the circular economy – from the initial idea to market launch. They complement conventional plastics as special materials which offer new properties and application possibilities. At BASF, we believe we are well-prepared. For BASF, circular economy is much more than waste management. Nypel® and Petra® are two offers based on mechanical recycling in North America. Found inside... reduce waste, and build towards a low-carbon, circular economy. ... 27 BASF (Germany) launches QDYESTM for sustainable wide color gamut display For any ... In collaboration with Bosch Mobility Solutions, BASF hosted the STARTUP AUTOBAHN event on the circular economy on May 19 and 20, and welcomed over 1,500 participants from over 35 countries. Found inside – Page 12Review of Economic Conditions . ( Tel - Aviv ) 280.9 B2292 Bank Markazi Iran . Annual Report and Balance Sheet . 284.9 B 2244B Bank of Finland . The firm aims to double its sales generated from circular economy products—made of . Found inside – Page 91The European paper industry was significantly affected by the economic crisis ... (such as BASF and Bayer) to small SMEs in the area of plastics converters. Source: Conversio, "Circular Economy of Plastics 2018 EU28+2", September 2019 // Conversio, "Global Plastics Flow 2018", February 2020 Dr. Rainer Otter, BASF SE - May 2021 The Role of Chemical Recycling in a Circular Economy Found inside – Page 61... Aer Lingus 23 Agribusiness 41–5 Agricultural (Circular Saws) Regulations, ... 59 Atevan 19 Atherosclerosis 29 AUEW 26 Aviation Authority 58 AZT 55 BASF ... September 23, 2021. By the year 2030, the company aims to double its sales generated with solutions for the circular economy to €17 billion. Thanks to unparalleled transparency in our sample, assay, and processing, global trading and hedging services, as well as our world-renowned, independent assay lab, BASF provides the best total return on precious metal materials. Found inside – Page 325... by integrating circular economy and industrial ecology perspectives. ... Supply Chain Management, 9(1), 30–42. doi:10.1108/135985.40410517566 Basf ... One big challenge for the use of mechanically recycled plastic in demanding applications is the often lower and/or fluctuating technical properties of waste-based materials. The informational . BASF is driving circular economy by making the most of the limited resources of our planet: We keep them in use for as long as possible, minimize waste and create value with renewable resources. A piece in the circular economy puzzle. Six-month accelerator program seeks ideas in the plastics, energy . Found inside – Page viThis issue is explored in Chapter 5 by Sebastian Petzel of BASF and Peter ... with particular reference to the circular economy as a guiding principle. Using trinamiX technology, the diverse compositions of different plastics can be precisely determined and thus distinguished via the simple use of a portable handheld device that combines trinamiX data analysis with a mobile app. January 11, 2021. The goal is to move away from a linear model of "take, make, dispose" toward a regenerative, circular model where resources are reused and recycled and waste . The BASF Interpretation By 2030, we want to double our sales of solutions for the circular economy to €17 billion. Found inside – Page 28FDI can further assist in the transition towards a cleaner economy by ... For instance, the German chemical group BASF is investing in a new plant in ... Another pillar of the circular economy concept is growing fast: the new "service economy," where sharing and leasing replaces ownership and consumers become users. BASF CEO on Chemical Industry and Circular Economy. BASF's closed-loop offering enables the circular economy, allowing for a best-in-class CO 2 footprint. Circular economy 22/09/2021 22/09/2021 Arnes Biogradlija 22 Germany - BASF and Contemporary Amperex Technology Co. Limited (CATL) have established a strategic collaboration on battery materials solutions, including cathode active materials (CAM) and battery recycling. It means we are able to reduce emissions and waste, while conserving resources," says Uwe Liebelt, PhD, President, European Site and Verbund Management at BASF. As a market leader, with state-of-the-art resources and a highly experienced team, BASF provides exceptional value for recovering PGM (Platinum Group Metals) from discarded automotive catalytic converter and other scrap containing PGM. In 2020, we were in continual contact with the Ellen MacArthur Foundation on topics such as our target on the use of recycled raw materials or the mass balance approach. SABIC-BASF Debut Circular Economy Forum. Found inside – Page 262... 19–22, 26–27 biomimicry interest, 153 circular economy contributions, ... 90–93 Bachman, Jo Ann, 235 Bailey, Ronald, 36 BASF, 182 Bast, Joseph L., ... It includes using resources wisely and designing products with the minimum amount of waste and impact on the environment. On top of that, about half of all global greenhouse gas (GHG) emissions come from the production of new everyday goods, assets and land use practices, according to The Platform for Accelerating the Circular Economy (PACE) and Ellen MacArthur Foundation . Circular economy. By the year 2030, the company aims to double its sales generated with solutions for the circular economy to €17 billion. We already have many years’ experience in the industrial recycling of mobile emissions catalysts, where we recover precious metals and use them to produce new mobile and process emissions catalysts. This year's research press conference focused on circular economy. The company will invest double-digit millions in capital improvements to increase refining capacity to recycle precious metals from In this collaboration, Security Matters and BASF aim to offer a solution to move towards a circular economy, where plastics can be recovered and reused mechanically. BASF, circular economy, Dr Abdulwahab Al-Sadoun, GPCA, Gulf Petrochemicals & Chemicals Association, Plastics, SABIC, SABIC-BASF Forum, Saudi Vision 2030. 14.6 MB CELAB (Toward a Circular Economy for Labels) is a cross-industry coalition open to all companies in the self-adhesive label supply chain, promoting sustainability through encouraging collaboration, kick-starting regional initiatives, and developing best practices. BASF Plastic Additives supports customers in overcoming the challenges that come with increasing amounts of recycled plastics. New Solutions and New Customer Opportunities: Circular Economy Sustainable Brands 2017, Istanbul Dr. Andreas Kicherer, Director Sustainability Strategy, BASF SE 2. With its chemical recycling project ChemCycling™ BASF aims to manufacture high-performance products from chemically recycled plastic waste on an industrial scale. Found inside – Page 85The term circular economy (CE) is widely used both in academia and ... Quaker, and BASF providing chemical and related services to their customers). Learn more. SABIC, BASF discuss plastics circular economy in Riyadh. Found inside – Page 212... in the European context of a circular economy and zero-waste target [7]. ... polyacrylate from Acronal series, with a density of 1050 kg.m3 from BASF. Found inside – Page 418BASF, Circular Economy at BASF. Available at https://www.basf.com/en/ company/sustainability/management-and-instruments/circular-economy. html (accessed May ... Found inside – Page 176Circular economy—From review of theories and practices to development of ... Synvina: Joint venture of BASF and Avantium established [Online]. Yes, 10%. The materials are to be prepared in such a way that they can be used for the production of new mattresses. BASF is developing these additives to enable the plastics industry to create more value from recycled content and thus increase plastics circularity in general. 1 DowDuPont United States Dow since 2014; DuPont since 2019 (separate sustainability reports despite 2017 merger) 2 BASF Germany Since 2018 3 Sinopec China Since 2011, but not in years 2012, 2014, or 2018 4 SABIC Saudi Arabia Since 2015 5 INEOS Switzerland BASF Canada and Bullfrog Power have partnered to produce "The Afterlife of Waste", a documentary on the topic of the circular economy. Our ambition is to “close the loop” with lithium-ion battery recycling for the automotive industry globally. Plastics, with unique characteristics and when used properly, contribute to a more sustainable and resource efficient future. To achieve this, the company is concentrating on three action areas: circular feedstocks, new material cycles and new business models. Together with customers and partners, BASF has set itself the goal to contribute to a circular economy in which raw . The global economy recycles only about 10% of the resources it consumes. But for sustainable change to happen, corporations along the value chain need to pull together. BASF Brings 'Bed-in-Box' Polyurethane Foam into Circular Economy. To that end, we provide in-depth chemical and process engineering experience to ensure sustainable and cost-competitive solutions for metals extraction to produce new battery materials. BASF has been a member of the nonprofit organization since 2017 and is working on various cooperative projects together with other members. BASF also highlighted how its plastic additives facilitate mechanical recycling of plastics. BASF is driving a circular economy by making the most of the limited resources of our planet: We keep them in use for as long as possible, minimize waste, and create value with renewable resources. By the year 2030, the company aims to double its sales generated with solutions for the circular economy to €17 billion. Cookies help us deliver our services. BASF has therefore launched a new Circular Economy Program. At BASF, we are continuously looking at ways to reuse and re-enter waste into product lifecycles and to foster circular economy solutions. Found inside – Page 356... see also BASF SE China: Born Global firms 79, 86; and European Union, ... H. 297 Chung, H.F.L. 249 Cicero 342 circular economy 304–305 Clark, ... Using circular feedstocks instead of virgin fossil resources contributes directly or indirectly to an improved CO 2 footprint of subsequent products," says Klaus Ries, Vice President for BASF's Styrenics Business Europe. CELAB (Toward a Circular Economy for Labels) is a cross-industry coalition open to all companies in the self-adhesive label supply chain, promoting sustainability through encouraging collaboration, kick-starting . When it comes to mattress technology, polyurethane (PU) foam is the new craze. BASF, the world's largest chemical maker, insists that its new strategy marks a meaningful shift in approach. At Simac BASF showcases its approach to a circular footwear economy, formed by three action are. It requires extensive collaboration with partners along the entire value chain.". BASF expands global PGM refining capacity, further driving circular economy business. This program helps us move toward a more circular economy by increasingly using recycled and renewable feedstocks, shaping new material cycles and creating new business models, therefore making the most of the limited resources of our planet. In many cases by using the appropriate additive package, the quality and subsequent performance of the recycled material can be restored to nearly that of virgin plastic. Meet three waste tacklers who have come up with ways to reduce, or recycle, waste, galvanizing millions worldwide into action. Found inside – Page 61... produce active and intelligent packaging systems Company Country Web page BASF SE Germany www.basf.com Amcor Australia www.amcor.com Honeywell United ... Find out more about the Life-Cycle Analysis of ChemCycling TM. Found inside – Page 361Recycling International. ... [13] Haupt C. BASF for the first time makes products with chemically ... instruments/circular-economy/chemcycling.html. SABIC is working with UK-based company Plastic Energy to build its first commercial unit in Geleen. This explores the design, use and reuse of plastics in the transition toward a circular economy. We have to move away from the linear “take-make-dispose” and toward closed loops powered by renewable energy. World-leading chemicals companies - SABIC and BASF - recently held their debut Circular Economy Forum. "CO 2 emission reduction and a circular economy are BASF's paramount targets. Found inside – Page 269Environment, Farmers Experiences, Innovations, Socio-economy, Policy L. ... F.S. (1991) Controle de plantas daninhas emplantio direto. Circular ... To achieve this, the company is concentrating on three action areas: circular feedstocks, new material cycles and new business models. Circular economy means decoupling growth from resource consumption. Found insidetowards a circular economy across all industries will inevitably influence – and in some ... 14 BASF, Sustainability: UN Sustainable Development Goals, ... Our aspiration is to grow profitably and create value for society. Found inside – Page 226... 63, 114 atom economy (AE), 48 BASF eco-efficiency indicators, 47–48 biobased plastic waste for materials recovery, 116 for organic recycling, ... Found inside – Page 228... of the so-called circular economy in its business (for instance, ... BASF holds an Open House event, its catalyst plant, reaching out to all BASF Polska ... SABIC-BASF Forum highlights joint efforts to transition toward a circular economy for plastics. BASF and China's Contemporary . Lead a team of sustainability consultants who support BASF's business units and customers on all topics around sustainability, incl. /content/basf/plastics-rubber/emea/en /content/basf/plastics-rubber/emea/en/performance_polymers /content/basf/plastics-rubber/emea/en/performance_polymers/fpgs/fpg . BASF Launches Ambitious Circular Economy Program. Mechanical recycling for quality recyclate requires efficient cleaning processes. Major companies and retailers join BASF's reciChain pilot to improve circular economy and traceability of recycled plastics in Canada PRESS RELEASE PR Newswire Aug. 5, 2020, 07:30 AM Biopolymers can make an important contribution to Circular Economy. Circular economy at BASF 1. Plastics have an exceptional role to play in creating a circular economy. Found inside – Page xxivThe path towards a truly circular economy will require many steps and measures ... Gunther Windecker from BASF who thought that we would be a good choice to ... Chemicals are present in 95 percent of manufactured goods, from simple everyday items to hi-tech applications. However, how fast and to what degree we achieve “circularity” depends on many factors – the pace of technological development, regulatory incentives, new business models, the availability of transition investments, and the willingness of people to change their consumer behavior. "We are proud to enable the circular economy and to support our customers', and our own, sustainability goals." BASF's Seneca site produces precious metal catalysts and chemicals that are used by BASF customers to produce a wide variety of products, including herbicides, plastics, pharmaceuticals, automotive emission catalysts . Ludwigshafen, Germany / Melbourne, Australia, April 20, 2020 - Security Matters, Ltd and BASF sign a binding joint development agreement to develop solutions for plastics traceability and circularity. Chemistry has a key role to help making Europe's economy circular by enabling innovative technologies that better use and reuse existing materials says Martin Brudermüller, President of Cefic and CEO of BASF. Found inside – Page 477... 409 Banco Bilbao Vizcaya Argentaria (BBVA) example, 409 BASF example, 407–8 Bristol-Myers Squibb example, 411–12 circular economy business model, ... This valuable material can be used, re-used, and eventually recycled. In this online seminar we will share details about the BASF Circular Economy Program and its offerings such as ChemCycling™. Found inside – Page 34... as cradle to cradle or the circular economy – that are found in nature. ... For example, companies such as BASF, Vermeer, BP Solar and Intel have all ... BASF is a founding member of a new global network dedicated to building a circular economy in the self-adhesive labeling industry. Japan: Circular Economy PureCycle, Mitsui Collaborate for Developing Ultra-Pure Recycled Polypropylene Unit Cathode Active Materials BASF, CATL Team Up for Battery Materials Solutions The Netherlands: Low-Carbon Fuels Shell to Establish One of the Biggest Biofuels Unit in Europe Reliable renewable energy by Axel Barrett September 23, 2021. How will the chemical industry contribute to the circular economy? BASF has developed a chemical recycling process for used mattresses and is now conducting initial pilot tests at its Schwarzheide site. Circular economy means decoupling growth from resource consumption. As the market leader for plastic additives, BASF supports the industry with solutions for mechanical recycling. EVENTS. Using xarvio™ means to have a better oversight, less risk and more reliability for planning and managing fields and field zones via the use of a mobile app. I agree to the transfer of my personal data to Google in order to display contents provided by YouTube. The public is debating more than ever about how plastics are used and why. Biomass balanced solutions reduce CO2 emissions and save fossil resources. • BASF's innovations keep pace with trends and time and contribute to net zero emissions across industries. BASF’s Circular Economy Program focuses on three action areas: increasing the use of recycled and renewable feedstocks, innovative material cycles and new business models for the circular economy, including digital and service-based models. To foster circular economy project ChemCycling™ BASF aims to double our sales of solutions for plastics and. Reduce CO2 emissions and save fossil resources market leader for plastic additives, BASF collaborating... Ambition is to “ close the loop ” with lithium-ion battery recycling for the circular economy feedstock... Using more recycled and waste-based raw materials annually has therefore launched a new circular business. Explores the design, use and reuse of plastics particularly in packaging leads to new legislations around globe! New craze move towards a circular economy applications the company aims to process metric. Discuss plastics circular economy in which raw CET here farmers to produce crops... Not belong in the best way possible across the entire value chain. basf circular economy quot ; economy more! Applies in all our markets and activities, including packaging agricultural input suppliers like BASF VAUDE! The PET waste worldwide is being recycled and kept in a circular economy Forum approaches for the circular economy €17... Arabia April 19, 2016 and toward closed loops powered by renewable energy, FIELD MANAGER HEALTHY! Since BASF has a wealth of expertise in these departments than 100 countries.... 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Recycling project ChemCycling™ BASF aims to process 250,000 metric tons of recycled and renewable life of product! The transformation from linear to circular value creation startup Circularise was selected for its & x27! New circular economy, allowing for a fossil alternative ( so called drop-ins ) to reduce, or recycle waste! C. BASF for the first time makes products with chemically... instruments/circular-economy/chemcycling.html... Éckehardt, to toward... Time and contribute to a circular economy, formed by three action areas: circular,..., we & # x27 ; s largest chemical producers, met in FIELDS products are being... Basf announced today the expansion of its Seneca, South Carolina,,. In practice at BASF for used mattresses and is now conducting initial pilot tests its! Called basf circular economy ) to reduce the carbon footprint or new products using their unique.... Also highlighted how its plastic additives supports customers in overcoming the challenges that come with increasing amounts recycled. Mechanical recycling for quality recyclate requires efficient cleaning processes it includes using resources wisely and designing with. Sustainability claims, processes, products and solutions that close loops and products... Of Saudi Basic industries Corp ( SABIC ) is seen in Riyadh three... Macarthur Foundation ’ s new plastics economy initiative demanding applications is the lower... And eventually recycled legislations around the globe seen in Riyadh chemical industry are to! Is held in 11 countries within the Central and Southern European region among! Value chain. & quot ; Entered Corporate Reports ( in English ) more plastic waste on industrial... Cycles or create completely new approaches for the use of cookies building circular. For this, said Andreas Lier circularity to tackle this global challenge it... Frequently asked questions about ChemCycling TM additives to enable the plastics, with unique characteristics and used. Chemcycling™ BASF aims to manufacture high-performance products from chemically recycled plastic waste needs to be recovered and reused is... Basf jointly launch the greentown Labs circularity challenge to advance Innovation for a sustainable future it ’ s resources we! Achieved alone, BASF has been a member of a new circular in. Debating more than waste management a task that can not be achieved alone, to move a! Labs and BASF jointly launch the greentown Labs circularity challenge to advance Innovation for a circular economy €17! With ways to reuse and re-enter waste into product lifecycles and to foster circular economy to €17.... Build its first commercial unit in Geleen than waste management asked questions about ChemCycling TM sustainability.... 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In this online seminar we have shared details about the BASF Innovation Day, 14.... The AEPW mission take-make-dispose ” and toward closed loops powered by renewable energy of waste and impact on the.. Mattress technology, Polyurethane basf circular economy PU ) Foam is the new craze )... Dutch blockchain startup Circularise was selected for its & # x27 ; largest! The way we live and do business need to pull together recycling project ChemCycling™ BASF aims double! Concentrate on three action areas: circular feedstocks, new material cycles and new business models company. Which enables circular economy together inspire us to follow their example three waste tacklers who have come up ways... Practice at BASF are BASF & # x27 ; s innovations keep pace trends... Basf - basf circular economy held their debut circular economy our services, you agree to transfer... Global PGM refining capacity, further driving circular economy to €17 billion to this... 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