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• ISCC+ certification underlines BASF’s commitment to the global sustainability transformation.
• BASF is now able to offer more than 60 products with one or more sustainability attributes across this portfolio.
• BASF’s broad portfolio and global asset presence support customers worldwide to reach their targets and ambitions in sustainability.
BASF achieves ISCC+ certification across all its global major production sites for Acrylics, Alcohols, Glycol Ethers and Acetates, taking an important step to support customers fulfilling their targets and ambitions. With this step, BASF is now able to produce more than 60 products related to this portfolio with one or more sustainability attributes.
In addition to the already known high-quality and reliable ‘Classic’ products, the majority of the portfolio can also be offered with one or more of the following sustainability attributes: ‘Low-PCF’[1] and ‘Zero-PCF’[2] lead the way in reducing the product carbon footprint, aiding customers' greenhouse gas reduction targets. ‘Bio-based’[3] products are partially made of biomass, traceable via the 14C method. Ccycled® products[4] are made using chemically recycled raw materials from plastic waste or end-of-life tires which is instrumental in fostering a circular economy and products ‘Made using Green Power’[5] underline BASF's commitment to renewable energy, further mitigating the environmental impact of the production process.
Martin Liedemit, Senior Vice President Global Strategic Business Development Petrochemicals at BASF, highlights,"Based on BASF’s strong global and versatile asset footprint, we are capable to offer products with different sustainability attributes. Over the past years, we implemented measures that enable us to provide solutions, which support our customers worldwide to reach their sustainability targets and ambitions."
About BASF’s Petrochemicals division
The Petrochemicals division (petrochemicals.basf.com) is the starting point for BASF’s petrochemical-based value chains globally. We operate a highly competitive asset base with best-in-class technologies and set the benchmark in safety, sustainability, operational excellence and cost competitiveness. With six Verbund sites and several major production sites, we are close to our customers and present in the largest chemical markets worldwide. The division supplies various value chains across the company and a broad range of customer industries with high-quality chemicals, putting our customers in the center of everything we do and contributing to the organic volume growth of BASF. Our portfolio includes cracker products, industrial gases, acrylics, superabsorbent polymers, styrenic foams, alkylene oxides, glycols, alcohols, solvents and plasticizers. In 2023, the Petrochemicals division generated sales to third parties of about €7.4 billion.
About BASF
At BASF (basf.com), we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 112,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €68.9 billion in 2023. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States.
[1] Product with at least 30% lower carbon footprint compared to its Classic version (cradle-to-gate and considering the biogenic uptake, where plants remove CO2 from the atmosphere through photosynthesis); calculated according to a certified Biomass Balance approach by replacing fossil raw materials with renewable ones, whereby the carbon footprint may vary depending on the production site and selected raw materials (e.g. Bionaptha or biomethane).
[2] Product with product carbon footprint of Zero. Please refer to footnote #1 (above) for all technical details.
[3] According to the method ASTM D6866-18 where biogenic carbon is analyzed.
[4] In the production of Ccycled® products, conventional fossil raw materials required to manufacture BASF products are replaced with recycled feedstock from the chemical recycling of plastic waste along BASF’s integrated production chain. The corresponding share of recycled feedstock is attributed to the specific Ccycled® product via a certified mass balance approach. BASF sites and Ccycled® products are third-party certified according to internationally recognized certification schemes like REDcert2 and ISCC PLUS and meet the definitions by ISO 22095:2020.
[5] Green power is the power generated by renewable sources (e.g., wind parks, solar farms) purchased by BASF in compliance with GHG Protocol and attributed to targeted products.
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