BASF's Performance Materials division presents its strategic roadmap for achieving carbon neutrality by 2050 and highlights important milestones on the way to a circular economy. The division, which bundles BASF's entire materials expertise for innovative and customised plastics, is thus positioning itself at the forefront of the sustainability transformation in plastics.
„The majority of our product portfolio is already based on renewable raw materials and has a significantly lower or even zero CO2-footprint available. We want to support our customers as early as possible on the path to achieving their sustainability goals and offer them various options for the circular economy.“
Matthias Scheibitz, Head of Sustainability, BASF Performance Materials
To increase the use of circular raw materials in its product portfolio, BASF is looking for the most promising mass balance solutions to fulfil the expectations of its customers from all industries. On its sustainability journey, BASF Performance Materials is committed to achieving at least 20 per cent of sales in the circular economy by 2030 (through products that support the substitution of fossil-based raw materials with circular raw materials by at least 20 per cent).
BASF's biopolymer portfolio is already making an important contribution to this goal. It is the optimal solution for Certified compostable packaging and agricultural applications. Biopolymers help to close the biological cycle by reducing food waste, increasing organic recycling of organic waste, returning nutrients to the soil and preventing the accumulation of microplastics in agricultural soils.
BASF offers the packaging industry an opportunity to increase the use of renewable raw materials. The portfolio of certified compostable biopolymers now also includes a Biomass balance type. This is not only organically recyclable, but also has an environmentally friendly 60 per cent lower product carbon footprint (PCF) than the corresponding standard quality.
Source: BASF
