BASF’s Circular Economy Program...BASF Research Press Conference 2020 Global production of...

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1 BASF Research Press Conference 2020 BASF’s Circular Economy Program Dr. Martin Brudermüller Chairman of the Board of Executive Directors and Chief Technology Officer of BASF SE BASF Research Press Conference on December 10, 2020 BASF Research Press Conference 2020 The European Green Deal Selected Green Deal objectives First climate-neutral continent by 2050 Lead the way to a circular economy Move to a zero-pollution environment CO 2 Accelerate to a sustainable food system 2 “Green Deal is Europe’s ‘Man on the Moon’ Moment”

Transcript of BASF’s Circular Economy Program...BASF Research Press Conference 2020 Global production of...

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    BASF Research Press Conference 2020

    BASF’s Circular Economy ProgramDr. Martin BrudermüllerChairman of the Board of Executive Directors and Chief Technology Officer of BASF SE

    BASF Research Press Conferenceon December 10, 2020

    BASF Research Press Conference 2020

    The European Green Deal

    Selected Green Deal objectives

    First climate-neutral continent by 2050

    Lead the way to a circular economy

    Move to a zero-pollution environment

    CO2

    Accelerate to a sustainable food system

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    “Green Deal is Europe’s ‘Man on the Moon’ Moment”

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    BASF Research Press Conference 2020

    BASF’s Circular Economy Program

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    250,000 metric tons of circular feedstock by 2025

    Double circular sales to €17 billion by 2030

    Prioritize related Capex, M&A, R&D

    BASF Research Press Conference 2020

    New Material Cycles

    New Feedstocks

    New Business Models

    BASF’s Circular Economy Program

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    BASF Research Press Conference 2020

    New Material Cycles

    New Feedstocks

    New Business Models

    BASF’s Circular Economy Program: Today’s focus

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    BASF Research Press Conference 2020

    New Material Cycles

    New Feedstocks

    New Business Models

    BASF’s Circular Economy Program: New Feedstocks

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    BASF Research Press Conference 2020

    Mechanical and chemical recycling

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    Mechanical recycling of plastics Chemical recycling of plastics

    Mechanical recycling is a polymer-specific process and affects the product properties.

    others

    PVC

    PET

    PE, PP

    others

    rePVC

    rePET

    rePE, rePP

    Chemical recycling can process different polymers and yields virgin-like product properties.

    others

    PVC

    PET

    PE, PP

    BASF Research Press Conference 2020

    Chemicals Materials Industrial SolutionsSurface Technologies

    Nutrition & Care

    Agricultural Solutions

    Bio PolyTHF® ecovio®packaging

    Sovermol® 830 Color Brite Rambuvital® Inscalis®insecticide

    Bio-based products across the portfolio further broadenBASF’s feedstock base

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    BASF Research Press Conference 2020

    New Material Cycles

    New Feedstocks

    New Business Models

    BASF’s Circular Economy Program: Material Cycles

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    BASF Research Press Conference 2020

    Footprint of key battery materials

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    7.9 kgCO2

    Note: “CO2” means CO2-equivalents, “oil” means energy demand in oil-equivalentsSources: H2O: Minirvo Ltd, Lithium Hydroxide Monohydrate life cycle assessment study, 2020, ex Salar del Hombre Muerto

    Nickel: Nickel Institute, Life Cycle Analysis 2017 for class 1 Nickel (100%) ex Nickel sulfate

    106 kg blue water

    1 kg nickel class 1 with >99% purity 1 kg lithiumhydroxide-monohydrate

    271kg blue water

    The considerable footprint of virgin nickel and lithium can be reduced with recycling loops.

    3.6 kgoil

    2.6 kgoil

    7.4 kgCO2

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    BASF Research Press Conference 2020

    Value chain for electric vehicles

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    >1.5 million metric tons used battery packswill be available in 2030.

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    BASF Research Press Conference 2020

    Global production of plastics and generation of plastic waste in 2018

    Production of plastics by material Generation of plastic waste by treatment

    In 2018, >350 million metric tons of plastics were produced, 40% of the plastic waste were recycled or recovered.

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    Sources: Production: BP Statistical Review of World Energy 2018Waste: Conversio, “Global Plastics Flow 2018”, February 2020

    in total

    359 milliontonsin total

    250 milliontons

    Improper disposal and leakage 30%

    Managed landfill 30%

    Recycling20%

    Energy recovery

    20%

    Polyolefins46%

    Others 16%

    PET &Styrenics12%

    PUR & Thermo-plastics 13%

    PVC 13%

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    BASF Research Press Conference 2020

    Putting the Green Deal into practice at BASF

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    CircularEconomy Program

    CarbonManagement

    Program

    BASF Research Press Conference 2020

    700Production plants

    SCOPE 1

    Product CarbonFootprints of

    ~45,000Sales Products

    1011101010100001010100101010101011110101010110100

    10111010101000010101001010

    1011101010101010111101010101101001010100101010100010101010100

    Product Carbon Footprints create transparency for customersDigital application to calculate greenhouse gas emissions of 45,000 sales products

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    Cradle-to-gate Product Carbon Footprints for BASF’s portfolio available by end of 2021 based on process emissions, energy demand and upstream emissions.

    CO210 TWh/aEnergy

    SCOPE 2

    20,000Raw materials

    SCOPE 3

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    BASF Research Press Conference 2020

    Circular Economy and Carbon Management Programs:BASF’s way to drive sustainability

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    We are providing drop-in productswith new sustainability characteristics

    for customers in all industries.

    CircularEconomy Program

    CarbonManagement

    Program

    Low-CO2Bio-based

    Ccycled