BASF to provide global regulatory support to its plastic additives customers with the launch of a new service

BASF to provide global regulatory support to its plastic additives customers with the launch of a new service

• Customized digital solutions and services in a highly regulated environment
• First service addition to the VALERAS™ brand of sustainable, value-creating plastic additives from BASF
• Leveraging on BASF’s regulatory competence and experience

(PRESS RELEASE) LUDWIGSHAFEN, 15-Feb-2022 — /EuropaWire/ — BASF (ETR: BAS), world’s largest chemical producer, has announced the launch of a new service called RegXcellence® that will provide global regulatory support to its plastic additives customers. RegXcellence will offer digital solutions to simplify regulatory issue management with advisory support aimed at accelerating innovation opportunities. The regulatory landscape changes constantly. It is increasingly challenging for global businesses to navigate the complex regulatory frameworks whilst remaining compliant.

The regulatory landscape changes constantly. It is increasingly challenging for global businesses to navigate the complex regulatory frameworks whilst remaining compliant.

“As a leading global producer of plastic additives, we leverage our extensive experience in the plastic industry and strong knowledge of product stewardship and chemical legislation to stay ahead of the evolving regulatory trends. We proactively support our customers to ensure responsible and appropriate use of our additive solutions,” says Dr. Thomas Kloster, President, Performance Chemicals, BASF. “With the extension of the successful RegXcellence service to include plastic additives, we now enable our customers to benefit from our extensive regulatory service and expertise. Together, we can mitigate business risks, accelerate innovation, and achieve sustainable growth through regulatory compliance.”

As this service expands, plastic additives customers will have access to a convenient digital solution to access regulatory documents. A global community of regulatory experts also evaluates relevant environmental, health and safety data. These experts are available to support customers when it comes to registration services or process and substance consulting. In addition, specific regulatory trainings are offered.

BASF already offers RegXcellence services to the customers of its fuel and lubricant solutions, plasticizers, pharma solutions and human nutrition businesses.

RegXcellence for plastic additives is part of the VALERAS™ portfolio. With VALERAS, BASF is committed to increasing the sustainability of plastics along the entire polymer value chain with innovative solutions and offerings from its plastic additives business.

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About BASF Plastic Additives

BASF is a leading supplier, manufacturer, and innovation partner of plastic additives. Its comprehensive and innovative product portfolio includes additives which provide ease in processing, heat and light resistance to a variety of polymers and applications including molded articles, films, fibers, sheets and extruded profiles. The portfolio is constantly analyzed, assessed and actively improved towards solutions which make a larger contribution to sustainability. More information about plastic additives: www.plasticadditives.basf.com.

BASF plastic additives is part of BASF’s Performance Chemicals division. The division’s portfolio also includes fuel and lubricant solutions, kaolin minerals, as well as oilfield chemicals and mining solutions. Customers from a variety of industries including Chemicals, Plastics, Consumer Goods, Energy & Resources and Automotive & Transportation benefit from our innovative solutions. To learn more, visit www.performancechemicals.basf.com.  

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 110,000 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 is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €59 billion in 2020. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.

Media contact:

Lilian Hoh
+49 621 60-42925
lilian.hoh@basf.com

SOUORCE: BASF SE