BASF Launches New Circular Economy Program
In the new Circular Economy Program, BASF aims to double its sales generated with solutions for the circular economy to €17 billion by the year 2030. 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.
“Companies that can provide solutions for the transformation to a circular economy will have a crucial competitive advantage,” said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors and Chief Technology Officer of BASF, speaking about the circular economy.
Information about the presentations at the Research Press Conference and examples relating to the circular economy at BASF can be found here.
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