
BASF, San Fang and Nichetech collaborate to advance circular economy in footwear industry with new TPU films
Taiwan – December 11, 2025 – BASF, San Fang Chemical Industrial Co., Ltd. (San Fang), and Nichetech Advanced Materials Co., Ltd. (Nichetech) have signed a Memorandum of Understanding (MoU) to jointly develop sustainable solutions for the footwear industry, with a focus on thermoplastic polyurethane (TPU) products and a shared ambition to achieve net-zero carbon emissions by 2050.

