BASF cooperates with technology partners that use pyrolysis to transform plastic waste into pyrolysis oil. This oil is fed into BASF’s production network (Verbund) at the beginning of the value chain, preserving fossil resources. The recycled material share in Verbund-manufactured products is attributed through a third-party audited mass balance approach. BASF’s portfolio includes over 200 Ccycled® products for applications e.g. in automotive, functional textiles or packaging. By 2030 BASF aims to double its circular economy solutions sales to €17 billion, achieved through developing products from renewable or recycled materials, employing the mass balance approach, increasing resource efficiency, extending material lifespan and improving mechanical recycling through plastic additives.
