(GERMANY)

BASF announced this week it has joined two Ellen MacArthur Foundation initiatives in a bid to boost its circular economy ambitions.

The chemicals giant said it plans to work closely with other stakeholders on the Foundation’s Circular Economy 100 and New Plastics Economy projects. To accelerate circular economy activity, the former focuses on cross sectoral collaboration, while the new plastics venture is a three-year programme designed to “re-think and re-design the future of plastics”.

“Established to enable organizations to learn, build capacity, network and collaborate, the CE100 brings together leaders and innovators from around the world, to unlock new opportunities arising from a circular economy approach. We are pleased to welcome BASF to the program, to offer their unique perspective on the key role chemistry plays in developing new processes and solutions across the value chain,” said Casper Jorna, CE100 Program Lead.

Dr Jens Hamprecht, Head of Market Development Biopolymers, BASF, added: “As a manufacturer with a broad plastics portfolio for the automotive, household appliance, construction and packaging industries, we can contribute to the Foundation’s platform a wealth of expertise in plastics, their properties and recycling opportunities. For example, we can also share our significant experience with biodegradable and partially bio-based plastics, like our ecovio®, in applications such as the collection of bio waste.”