BASF’s Circular Economy Program
BASF has launched a new Circular Economy Program. By the year 2030, we aim to double our sales generated with solutions for the circular economy to €17 billion. To achieve this, BASF is concentrating on three action areas: circular feedstocks, new material cycles and new business models.
The circular economy is a central future topic in society and politics. At BASF, we are currently driving forward more than 20 projects for the circular economy. And we are doing this with a great deal of ambition and creativity because this paradigm shift also affects practically all our customer industries.
The linear economy has had its day because we simply can no longer afford it. In order to maintain our standard of living, we have to find new ways, develop new technologies to secure the future of our children in a sustainable way.
Sustainable and climate-friendly mobility is one of the greatest challenges of our time. I am excited to be able to contribute to solutions with my research. This will close the loop for battery materials.
Implementing a consistent recycling economy requires new approaches in the design, production and use of materials. Innovations from the chemical industry are decisive for this and thus also the innovations from BASF.
We are always looking for interesting active ingredients in nature - like rambutan. Our goal is to make sure that nothing goes to waste by upcycling every part of the fruit and tree, to maximize the sources of income for local partners and ensure sustainability.