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.

Is your company struggling to implement circular principles into its business strategies and operations? Take part to CSR Europe’s activities in the Community of Practice “Sustainable Sourcing and Circular Use of Raw Materials” to benefit from EU-policy intelligence, peer-to-peer learning, and the knowledge of world-wide experts.

For more information:

On Circular Economy

On Supply Chain Sustainability

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