
BASF Circular Economy Program: Focus on circular feedstocks, new material cycles and new business models
(PRESS RELEASE)LUDWIGSHAFEN, 10-Dec-2020 — /EuropaWire/ — BASF announces the launch of a new Circular Economy Program. The company aims to double its sales generated with solutions for the circular economy to €17 billion by the year 2030 and plans to process 250,000 metric tons of recycled and waste-based raw materials annually, replacing fossil raw materials as of 2025. In order to achieve this targets, BASF will concentrate on three action areas: circular feedstocks, new material cycles and new business models.
In a circular economy, the aim is to avoid waste, reuse products and recover resources. “Companies that can provide solutions for the transformation to a circular economy will have a crucial competitive advantage,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors and Chief Technology Officer of BASF, speaking about the circular economy, a key issue of the future in society and in politics.
“The path to a circular economy will require enormous efforts on our part. But we have taken on this challenge with commitment and creativity and we can build on our innovative strength,” said Brudermüller.
The Chairman of the Board of Executive Directors and scientists presented examples from BASF’s research pipeline today at the first digital Research Press Conference.
Battery recycling: Closing the loop in e-mobility
According to experts, more than 1.5 million metric tons of battery cells from electric vehicles will have to be disposed of in the year 2030. In addition, there is scrap from the production of cells and cathode active materials as well as their precursors. These contain valuable resources such as lithium, cobalt and nickel. With battery recycling, these raw materials can be reclaimed and reprocessed. To recycle lithium-ion batteries, they are first dismantled and shredded, which creates a substance called “black mass.” It is currently possible to recover raw materials from black mass using various chemical processes. This reduces the carbon footprint of the battery metals by at least 25 percent compared to mining from natural deposits.
Until now, however, this process has been very energy-intensive or has created large volumes of salts that require disposal. In addition, the yield of raw materials is still too low. BASF is developing a new highly efficient chemical process with numerous advantages: It can recover high-purity lithium from the batteries with high yields, it prevents waste and it further reduces the carbon footprint compared to existing processes.
In this way, BASF supports the European Commission’s goals of establishing a sustainable European battery value chain. The BASF recycling process can play an important role in the creation of a circular economy for batteries in Europe.
Additives to improve plastics recycling
For plastics as well, BASF researchers are working on ways to more efficiently close material loops. According to a study by the consulting firm Conversio, around 250 million metric tons of plastic waste are globally generated per year. Only around 20 percent of this plastic is recycled, thus keeping the material in circulation. In mechanical recycling, waste plastics are shredded and melted to make recyclate, which is then used to make new products. However, this material is not suitable for many applications without further processing. One reason is that repeated use and processing often damage the polymer chains so much that the plastic becomes brittle or yellowed. Another reason is that plastic waste is often made up of a mixture of different plastic types which cannot be separated from each other. For example, beverage bottles are made of polyethylene terephthalate (PET), while their lids are usually made of polypropylene (PP). Such mixtures of incompatible plastics have a significantly negative impact on quality.
BASF researchers have addressed these problems by developing various plastic additive packages to specifically stabilize and improve the quality of recycled materials. Solutions such as compatibilizers will enhance the mechanical properties of polymer mixtures. This upgrades mechanically recycled plastics and the products made from them in a plastics cycle.
Plastic waste becomes a new feedstock for the chemical industry
Each year, 200 million metric tons of plastic waste worldwide go unrecycled. An important complement to mechanical recycling is chemical recycling, which takes a different approach to creating a circular economy for plastics. Chemical recycling transforms plastic waste into secondary raw materials, for example, through a thermochemical process called pyrolysis. The output of this process is pyrolysis oil, which can be used by the chemical industry to make new products. The advantages of this process are that it can also recycle mixed and unclean plastic waste streams. Moreover, products made from pyrolysis oil are indistinguishable from conventional products, so they can be deployed in even the most demanding applications. This means that, for the first time ever, automotive components, medical devices and even food packaging can be made from this kind of plastic waste.
To advance this promising technology, BASF launched its ChemCyclingTM project in 2018. Together with cooperation partners, BASF researchers are working on further developing and improving the process to produce pyrolysis oil from mixed plastic waste. Developing suitable catalysts for the new process technology is an important aspect of this. These catalysts aim to ensure that high-purity pyrolysis oil is always produced, even when the composition of the plastic waste varies. A first-generation catalyst is already integrated in the pyrolysis plant of BASF’s Norwegian partner Quantafuel. To carry out the development work, scientists from the two companies are utilizing the expertise and high-throughput test labs of BASF’s subsidiary hte in Heidelberg, Germany, and the computing capacity of BASF’s supercomputer.
Rambutan program: Organic raw materials, sustainably sourced
Renewable raw materials are another pillar of BASF’s Circular Economy Program. BASF plans to further increase the volume of renewable raw materials from sustainable sources in its production. One example is the Rambutan program, which sources high-quality cosmetic active ingredients from parts of a plant that were previously unused. For customers in the cosmetics industry, BASF researchers are always looking for interesting active ingredients in nature, for example, in tree bark, leaves, roots, seeds and fruit. They study thousands of samples every year. This is how they became aware of the substances contained in the rambutan tree (Nephelium lappaceum) – a close relative of the lychee tree. The BASF researchers discovered that an aqueous extract from the leaves of the tree has an activating effect on various human skin genes and promotes the creation of collagen. In addition, active ingredients from the peel and seeds of the fruit have positive effects as they help to increase moisture in the skin and vitalize hair roots. BASF has therefore found a way to not only use the juicy fruit, but also the peels, leaves and seeds, thus ensuring that no part of the plant goes to waste.
To sustainably source the cosmetic ingredients through its Rambutan program, the company has established a socially and environmentally responsible supply chain with local partners in Vietnam and initiated the cultivation of the first two organically certified rambutan gardens in Vietnam. The program enables the workers to earn an above-average income, offers health insurance and ensures safer working conditions. This means the superfruit not only offers benefits for consumers, but also for workers and the local environment.
More information about the presentations at the Research Press Conference and further examples relating to the circular economy at BASF can be found at: basf.com/research-press-conference
Media contact:
Birgit Lau
Corporate Media Relations
+49 621 60-20732
+49 1520 9375117
SOURCE: BASF SE
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- DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions occurred under DIGI symbol between 3 – 7 June 2019
- PDA Explores the Transformation of Healthcare at 4th Annual European Meeting
- ASI President John Cross Named AGMA Chairman
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol, 27 – 31 May 2019
- Breakthrough on laser powder bed fusion technology brings effective production of larger componentscloser to mainstream
- PDA Announces All-Star Speaker Lineup for Advanced Therapy Medicinal Products Conference
- Digi Communications N.V.: Exercise of stock options by the Executive Directors of the Company
- Digi Communications N.V. announces DIGI Kft., the Hungarian subsidiary of the Company, launches mobile telephony services in Hungary
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 21 and 24 May 2019
- ZYXEL READY WITH 5G SAMPLES IN AUGUST 2019
- Digi Communications N.V. announces the initiation of the share buy-back program as authorized by the Company’s GSM on 30 April 2019
- Digi Communications N.V Q1 2019 Financial Report and the report regarding legal documents for April 2019, in accordance with article 82 of Law no. 24/2017 and FSA Regulation no. 5/2018 released
- Digi Communications N.V. announces the new date of the Conference Call for the presentation of the Q1 2019 Financial Report. Update to the Company’s 2019 Financial Calendar.
- Rhenium-SCT® (SCT= Skin Cancer Therapy) now being offered in Hanau, Germany
- Project consortium aims at driving the adoption of selective laser melting (SLM) for large scale metal parts printing
- Digi Communications N.V. announces the availability of the instructions on the 2018 share dividend payment
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 29 April 2019 – 1 May 2019, under the class B shares buy-back progr
- Biodiversity Report Is Urgent Call to Action Beyond Fixes; Geneva Global Initiative Calls on World Community to Focus on Concrete Actions
- Digi Communications N.V.’s general Shareholders’ meeting resolutions from 30 Apr 2019 approving, amongst others, the 2018 Annual Accounts and the availability of the adopted Annual Financial Report for the year ended Dec 31, 2018
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions occurred under DIGI symbol, 22 – 26 April 2019
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 15 April 2019 – 19 April 2019s
- XPAND Code was successfully scanned from 200 meters/700 feet at Olympics stadium
- Wasser eingießen, Warten und Einschalten
- Digi Communications N.V.: Reporting of legal documents concluded by the company in March 2019 in accordance with article 82 of Law no. 24/2017 and FSA Regulation no. 5/2018 published
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 8 and 12 April 2019
- Snowman releases new EP
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol, 1 – 5 April 2019
- Streamlining adoption of high-speed and high-resolution surface texturing delivered with the Prometheus project
- Customer Data Platform Institute Launches RealCDP to Reduce CDP Confusion
- ASI Technologies Focuses on the future as ASI Drives, and New AGV Pallet Robot, FRED2500
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 25 March 2019 – 29 March 2019
- Towards a Europe of Stakeholder Nations
- Associazione Veneta Lotta alla Talassemia (AVLT) and the UK Thalassaemia Society (UKTS) Clarification on European Regulatory Status of LENTIGLOBIN™
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 19 March 2019 – 22 March 2019
- A new flagship project on Additive Manufacturing skills aims to maintain Europe leading position in industrial competitiveness
- Jeroen Schouten Named Regional Manager, Europe of AeroGo, Inc.
- Digi Communications N.V. Convocation of the Company’s general shareholders meeting for 30 April 2019 for the approval of, among others, the 2018 Annual Report and of the 2018 Financial Statements
- España arrasa con la competencia y es nombrado como el país ideal para estudiar en el extranjero
- Xverify targets European Email Verification market with local data processing, Dublin office
- Digi Communications N.V. announces the resignation by Mr. Sambor Ryszka from his position as non-executive director of the Company
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 11 and 15 March 2019
- Digi Communications N.V.: Reporting of legal documents concluded by the company in February 2019 in accordance with article 82 of Law no. 24/2017 and FSA Regulation no. 5/2018 published
- Admission of Digi Communications N.V. €200,000,000 5.0% additional senior secured notes due 2023 to the listing on the Official List and trading on Irish Stock Exchange’s Main Securities Market
- Digi Communications N.V. announces the appointment of Dan Ioniță as a non-executive director of RCS & RDS S.A., the Romanian subsidiary of the Company
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 4 and 8 March 2019
- Digi Communications N.V. announces share transaction made by an executive director of the Company with class B shares on 4 march 2019
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 25 February – 1 March 2019
- Digi Communications N.V. announces share transaction made by an executive director of the Company with class B shares on 1 march 2019
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 18 and 22 February 2019
- Digi Communications N.V.: finalization and registration by the Company of the conversion of 1,200,000 A shares into an equal number of class B shares
- Digi Communications N.V.: Exercise of stock options by a PDMR in accordance with the stock option plan for the Group’s Romanian employees
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 11 and 15 February 2019
- Report of legal documents concluded by DIGI Communications N.V. in January 2019 or in other period but effective in January 2019
- Digi Communications N.V. announces Availability of Preliminary Financial Report for the year ended December 31, 2018 for Digi Communications N.V. Group
- Mono Solutions launches a new interface to drive the ultimate do-it-with-me (DIWM) experience
- Digi Communications NV Announces Investor Call on the Preliminary Financial Results for the year ended 31 December 2018
- Digi Communications NV: New date of the Conference Call for the 2018 Preliminary financial results; Update to the 2019 Company’s Financial Calendar
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 4 and 8 February 2019
- R.W. Chelsea Holdings Ltd Starts To Hold Fixed Income Investor Meetings In Vienna, Zurich, Geneva and London
- Digi Communications N.V. successfully increased and priced its Offering at €200,000,000 5.0% additional senior secured notes due 2023
- Digi Communications N.V. to offer additional €125,000,000 5.0% senior secured notes due 2023; new notes will be consolidated and treated as its existing €350,000,000; adjustment on interim unaudited consolidated financial statements for the nine-month period ending September 30, 2018
- World's largest superhero statue to be built in Central Europe
- The resignation of Mr. Bendei Ioan – VP and executive director of RCS&RDS S.A., DIGI COMMUNICATIONS N.V.’s subsidiary in Romania
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 28 January 2019 – 1 February 2019
- RCH Group to Showcase Integrated Selling Solutions at EuroCIS
- Mono and bfound partner to expand digital offerings for small businesses in the Middle East
- Digi Communications N.V. publishes the Independent Limited Assurance Report in accordance with Law 24/2017 (Article 82) and FSA Regulation no. 5/2018
- ERRATA of the reports dated 15 Jan 2019 and 15 Oct 2018 regarding the legal acts concluded by DIGI Communications N.V. in Dec 2018 and Sep 2018
- REVEALED: Experts reveal the best dates to book your summer holiday in Spain
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol, 21 – 25 January 2019
- Céline Dion visite son premier concept store de vêtements CELINUNUNU à Paris
- Anytime, anywhere tailored learning opportunities for welding professionals and apprentices alike
- i5invest открива офис в България
- Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol, 14 - 18 January 2019
- Mono helps Fonecta strengthen their digital presence offering for SMBs
- The Bucharest Tribunal’s decision regarding the investigation conducted by the Romanian National Anti-corruption Directorate with respect to RCS & RDS S.A., Integrasoft S.R.L. and certain of their directors
- Digi Communications N.V.: Exercise of stock options by a PDMR in accordance with the stock option plan approved by the Company for the Romanian employees of the Group in 2017
- Report of legal acts concluded by DIGI Communications N.V. in accordance with Romanian Law no. 24/2017 and FSA Regulation no. 5/2018 for December 2018
- Digi Communications N.V.: resolution of the Board of Directors to convert class 1,200,000 A shares into an equal number of class B shares for the purpose of the ongoing employees and directors stock option plans
- CELINUNUNU OUVRE SON PREMIER POP-UP À PARIS
- DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 07 – 11 January 2019
- Digi Communications NV: Announcement of the Conference Call for the 2018 Preliminary financial results. Update to the 2019 Company’s Financial Calendar
- A new Government Emergency Ordinance imposing additional corporate taxes with impact on the telecommunications sector in Romania
- DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 31 December 2018-04 January 2019
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