Creating chemistry magazine: Circular Economy: A visionary roadmap?
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.
We aim to move toward a more Circular Economy by increasingly use recycled and renewable feedstocks, shaping new material cycles and creating new business models. BASF has therefore launched a new Circular Economy Program. By the year 2030, the company aims to double its sales generated with solutions for the circular economy to €17 billion. To achieve this, the company is concentrating on three action areas: circular feedstocks, new material cycles and new business models. As of 2025, BASF aims to process 250,000 metric tons of recycled and waste-based raw materials annually, replacing fossil raw materials.
How to close the loops?