Innovating for sustainability

Narayan Krishnamohan

Managing Director, BASF India Limited and

Head, BASF South Asia

November 11, 2019

BASF lives by its

corporate purpose:

We create chemistry

for a sustainable

future

2

Sustainable Solution SteeringLeverage our innovation power to achieve €22 billion in Accelerator sales by 2025

Substantial sustainability

contribution in the value chain

Meets basic sustainability

standards on the market

Specific sustainability issues

which are being actively addressed

Significant sustainability concern

identified and action plan developed

27.7%

66.9%

5.3% 0.1%

◼ We target to further increase our sales

from Accelerator products to €22 billion

by 2025 (2018: €15 billion).

◼ To achieve this goal, we will deeply

integrate Sustainable Solution Steering

in the R&D pipeline, in business

strategies as well as in merger and

acquisition projects.

◼ As of 2018, we will phase out all

Challenged products within five years of

initial classification as such at the latest.

BASF’s Verbund principle –Core to Circular Economy

Working together to end plastic wasteBASF co-founds global Alliance to end Plastic Waste

40 companies from the plastics and consumer goods value chain commit

over $1.5 billion to help end plastic waste in the environment

Plastic waste is

converted into feedstock

by third parties through

thermochemical

processes

Waste companies

supply recyclers with

plastic waste

This feedstock can be used in the

BASF Verbund as an alternative to

fossil feedstock to create all kinds

of chemicals and products,

including new plastics

The waste is

collected and sorted

by waste companies

Consumers and

companies use and

dispose of products

Customers use

these to make their

own products

ChemCycling:

Turning plastic waste

into new products

BASF breaks new ground in plastic waste recyclingChemCycling - Innovative and cutting-edge technology

ChemCycling – Partnerships underway

Through chemical recycling, mixed plastic waste that was

previously impossible to recycle can be effectively

reprocessed and reused. The pilot project with bottles of

Perwoll is part of the ChemCycling project led by BASF

BASF will further develop Quantafuel’s integrated

process of pyrolysis and purification. After start up of

Quantafuel’s plant in Skive, Denmark, BASF will have a

right of first refusal to all pyrolysis oil and purified

hydrocarbons from this plant.

16kt/a

Output

Integrated

Pyrolysis &

Purification

Start-up of

production

~ Dec 2019

Plant

located in

Denmark

Partnership with Quantafuel Henkel joins BASF’s #ChemCycling initiative

Key Learnings:

◼ Circular Economy (CE) is much more than waste management.

◼ CE brings opportunities for new business models and new customers.

◼ Pre-condition is a deep understanding of value chains and customers’ needs.

Key enablers:

Closing the loop for Circular Economy

Government-

industry-society

partnership: consistent

efforts to scale up

Conducive

infrastructure

Clear and

consistent

regulatory

policies

Innovation to

advance and

scale up new

technologies

Education to

enable behavior

change across

stakeholders

Clean Energy◼ Power stations

◼ Electrical grid

◼ Rising demand

◼ CO2 neutral

Health & Nutrition◼ Clean drinking water

◼ Clean air

◼ Crop yield

◼ Food chain losses

Waste◼ Waste reduction

◼ Waste treatment

◼ Recycling

Infrastructure &

Urbanization◼ Roads, rails, airports

◼ Public transportation

◼ Housing

India – Challenges & Opportunities

Doing it responsiblyBASF examples from India

ecovio® - Compostable resins

for paper food packaging

A perfect example for Circular Economy

Organic waste recycling

project at Kalyani University Key Take-aways

▪ Requires partnership from

government, industry, society

▪ Focused approach in smaller

communities offer easier execution

▪ Education and investment of

stakeholders mobilizes action