BASF and Graphit Kropfmühl Partner to Reduce Carbon Footprint in Graphite Production

BASF to supply renewable energy certificates to Graphit Kropfmühl
Copyright: BASF

(IN BRIEF) BASF and Graphit Kropfmühl have entered a partnership to reduce the carbon footprint of graphite produced at Graphit Kropfmühl’s Hauzenberg site by at least 25% using renewable energy certificates. This reduced-carbon graphite will be used in BASF’s Neopor® insulation products, furthering both companies’ sustainability goals. The collaboration supports BASF’s ambition to achieve net zero CO2 emissions by 2050 and aligns with AMG’s CO2 abatement targets. This innovative approach highlights a joint effort to advance climate protection and promote a sustainable future.

(PRESS RELEASE) LUDWIGSHAFEN, 3-Jul-2024 — /EuropaWire/ — In an innovative step towards sustainability, BASF SE (ETR: BAS), the world’s largest chemical producer, and Graphit Kropfmühl, a subsidiary of AMG Critical Materials N.V., have announced a new agreement to significantly lower the carbon footprint of graphite produced in Hauzenberg, Germany. BASF will supply renewable energy certificates, known as Guarantees of Origin (GoO), to Graphit Kropfmühl, certifying the use of renewable power at their production site. This initiative is expected to reduce the product carbon footprint (PCF) of the graphite by at least 25%.

The reduced PCF graphite will serve as a raw material for BASF’s Neopor®, a key component used in insulation products for buildings, thereby also lowering its carbon footprint. This collaboration underscores both companies’ commitment to climate protection and advancing towards net zero emissions.

Horatio Evers, Managing Director of BASF Renewable Energy GmbH, emphasized the importance of this partnership, highlighting the collaborative effort beyond their factory gates to protect the climate. Yong Liu, Director of Global Direct Procurement Plastic Additives at BASF, called the initiative a win-win for both companies, showcasing their unified approach to sustainability.

Thomas Junker, CEO of Graphit Kropfmühl, expressed excitement about the partnership, emphasizing their shared commitment to reducing the carbon footprint and moving towards a sustainable future.

BASF aims to achieve net zero CO2 emissions by 2050, with renewable power being a major lever. This partnership with Graphit Kropfmühl aligns with BASF’s ambitious climate goals and AMG’s strategic focus on CO2 abatement targets. Graphit Kropfmühl, supporting AMG’s commitment, aims to reduce its direct CO2 emissions by 20% by 2030, corresponding to a reduction of 125,000 tons of CO2 from a 2019 baseline.

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €68.9 billion in 2023. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.

About Graphit Kropfmühl (subsidiary of AMG Critical Materials N.V.)

Since its foundation more than 100 years ago, Graphit Kropfmühl has been synonymous with long-standing raw materials expertise. Graphit Kropfmühl extracts and refines natural graphite, processes and refines synthetic graphite and produces dispersions, pastes and lubricant premixes in powder form.
Around 340 employees worldwide work for Graphit Kropfmühl. The company is headquartered at its founding location in Kropfmühl, Germany, where graphite is mined underground and refined. Combined with a majority stake-holding in a graphite mine in Sri Lanka and with a refining plant in China, we ensure a consistent raw material supply. Since 2008, the company has been part of AMG Critical Materials N.V. and as a global expert in critical raw materials, it is at the cutting edge when it comes to technologies and high-quality products for reducing CO₂ emissions. More information can be found at www.gk-graphite.com.

About AMG

AMG’s mission is to provide critical materials and related process technologies to advance a less carbon-intensive world. To this end, AMG is focused on the production and development of energy storage materials such as lithium, vanadium, and tantalum. In addition, AMG’s products include highly engineered systems to reduce CO₂ in aerospace engines, as well as critical materials addressing CO₂ reduction in a variety of other end use markets.

AMG’s Lithium segment spans the lithium value chain, reducing the CO₂ footprint of both suppliers and customers. AMG’s Vanadium segment is the world’s market leader in recycling vanadium from oil refining residues, spanning the Company’s vanadium, titanium, and chrome businesses. AMG’s Technologies segment is the established world market leader in advanced metallurgy and provides equipment engineering to the aerospace engine sector globally. It serves as the engineering home for the Company’s fast-growing LIVA batteries, and spans AMG’s mineral processing operations in graphite, antimony, and silicon metal.

With approximately 3,600 employees, AMG operates globally with production facilities in Germany, the United Kingdom, France, the United States, China, Mexico, Brazil, India, and Sri Lanka, and has sales and customer service offices in Japan (www.amg-nv.com).

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