BASF at K 2022: Accelerating the journey towards a sustainable future with plastics (2024)

  • At K 2022 trade fair in October 2022, BASF will present its ‘Plastic Journey’ (MAKE – USE – RECYCLE) towards a more sustainable plastics economy
  • BASF invites all customers and partners to join the Plastics Journey and to co-create solutions how plastics are made, used and recycled in a more sustainable manner
  • BASF will showcase sustainable solutions for industries such as Automotive, Construction, Packaging – accompanied by expert panel discussions

Ludwigshafen, Germany – June 21, 2022. BASF will present its journey to advance towards the goal of a circular economy at K 2022 trade fair, which is the #1 trade fair for plastics and rubber. K 2022 takes place in Düsseldorf, Germany, from October 19 – 26, 2022, celebrating its 70th anniversary. BASF has been exhibiting at K ever since the trade fair debuted back in 1952, continuously showing its commitment to the plastics industry and ability to create breakthroughs together with its customers.

“At K 2022, our theme is ‘Go!Create – Welcome to Our Plastics Journey’,” says Dr. Martin Jung, President Performance Materials, “We invite all visitors to join our journey towards a sustainable future with plastics. We will show products and solutions and more than that we want to give insights in our concepts and plans. The Plastics Journey towards a more sustainable economy needs a co-operative approach and this has a long way to go. That’s what we want to express.” The Plastics Journey consists of three phases which represent the lifecycle of plastics: MAKE, USE, and RECYCLE. BASF offers market-leading products and solutions for all three phases of this journey.

“We will demonstrate our capabilities and thoughts at K 2022 exhibiting numerous co-creation projects with partners and customers from industries like Automotive, Construction, E&E, Packaging, and Consumer,” Jung adds, “These projects range from products that have net-zero or low Product Carbon Footprints to new products made from recycled raw materials to conserve fossil raw materials. As an integrated company with our own base chemical production, we are a key enabler in helping our customers decarbonize their value chains.” BASF has committed to reducing CO2 emissions by 25% by 2030 and reaching net zero CO2 emissions by 2050.

Another strong focus will be on digital and data-driven value chain models that help BASF’s customers transform towards a CO2 neutral future. In this area, BASF has introduced an industry-leading digital application to calculate the CO2 emissions of around 45,000 BASF sales products.

MAKE: BASF solutions improve how plastics are made

“The MAKE phase is about improving how plastics are made – from product design to the choice of raw materials and the manufacturing process itself,” explains Jung. At K 2022, BASF will present solutions to track and reduce the Product Carbon Footprint along the entire value chain of different industries. For example, BASF is a member of Catena-X, a collaborative effort of the automotive industry to build a data driven ecosystem.

BASF will also showcase a number of solutions to reduce the Product Carbon Footprint using renewable or recycled feedstock like in the case of the Styrenics portfolio in packaging and construction. BASF’s biomass balance certified materials are also used by customers from the furniture industry or by a safety shoe brand offering a carbon neutral safety shoe containing BASF’s biomass balance polyurethane certified according to REDcert2. Another example how plastics and thereby consumer products can be manufactured more sustainably are outdoor pants made of raw materials obtained via the chemical recycling of end-of-life tires using BASF’s Ultramid® Ccycled™.

USE: BASF solutions improve the performance of plastics

“Plastics come with many sustainability benefits,” emphasizes Jung, “In the USE phase of their lifecycle, plastics play out all their strengths: by improving energy efficiency through their light weight, by prolonging product lifecycles thanks to their robustness and peak performance, and by enabling more sustainable applications in sectors such as e-mobility and household appliances.”

At K 2022, BASF will show several examples of plastics being true performance materials for sustainability: from safe and durable polyamides for high-voltage components within the e-mobility charging infrastructure to enabling a green miniature circuit breaker (MCB) for the E&E business that uses a 100% recycled PA6 based compound using pyrolysis oil from end-of-life tires – without any compromise on the MCB’s robustness. BASF plastics also help improve energy efficiency, for example for customers in the refrigeration industry that face high requirements to achieve the highest energy label.

RECYCLE: BASF solutions improve the recycling methods of plastics

“The crucial question about plastics is what happens to them at the end of their life,” emphasizes Dr. Martin Jung, “To achieve a circular economy, we need to get much better at the recycling of plastics to close the loop.”

To advance the RECYCLE phase of the Plastics Journey, BASF offers several product packages that pursue and expand all existing recycling methods. While the BASF subsidiary trinamiX offers innovative mobile near-infrared (NIR) spectroscopy solutions for sorting and identifying different types of plastic waste, BASF’s IrgaCycle™ is a new range of additive solutions that improves the mechanical recycling of plastics. For chemical recycling, BASF offers a variety of products containing raw materials obtained via ChemCycling™. To complete the recycling methods, the BASF booth also features the certified compostable biopolymer ecovio®: It supports organic recycling of food waste and food-soiled packaging thus increasing the diversion of food waste from landfill and incineration.

Creator Talks: A discussion platform for experts and visitors

To offer all visitors insights into the co-creation process with customers and partners and to take them along the Plastics Journey, BASF will host a series of daily ‘Creator Talks’ at its booth. For these talks, which will be announced on BASF’s K 2022 website and on social media over the next weeks, experts and thought leaders from different fields will discuss solutions to the most pressing challenges their industries are facing. Topics range from digital simulation solutions to charging infrastructure and recycling solutions.

BASF at K 2022: Welcome to #OurPlasticsJourney!

Go!Create! At K 2022, we invite everyone to join #OurPlasticsJourney! At our booth in hall 5, C21/D21, we will explore new ways in which sustainable action is possible in all phases of the lifecycle of plastics: from how we can produce plastics more sustainably, to how we can use them better, to how we can discover new solutions to close the loop. Solving these challenges is a journey that we are all on together. At K 2022, we want to make that journey go faster. K is the #1 trade fair for plastics and rubber and will take place in Düsseldorf, Germany, from October 19 – 26, 2022. Visit www.plastics.basf.com/K2022.

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111,000 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 €78.6 billion in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.

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BASF at K 2022: Accelerating the journey towards a sustainable future with plastics (2024)

FAQs

BASF at K 2022: Accelerating the journey towards a sustainable future with plastics? ›

At K 2022, BASF will show several examples of plastics being true performance materials for sustainability: from safe and durable polyamides for high-voltage components within the e-mobility charging infrastructure to enabling a green miniature circuit breaker (MCB) for the E&E business that uses a 100% recycled PA6 ...

What is the future of the plastic industry? ›

The future of plastic manufacturing will involve a shift towards sustainable materials and processes that minimize waste and pollution. Bioplastics, made from renewable resources, are becoming increasingly popular and are expected to play a larger role in plastic manufacturing in the future.

What is the future of plastic recycling? ›

In the ever-evolving landscape of environmental sustainability, plastic recycling remains a cornerstone of our efforts to create a more circular economy. As we head into 2024, we stand at a pivotal moment, where the actions we take today can significantly shape the future of our planet.

What is the circular economy for plastics? ›

A circular economy for plastic

It is based on three principles, driven by design: eliminate waste and pollution, circulate products and materials (at their highest value), and regenerate nature.

What new plastic is sustainable? ›

Bio-plastic is produced from renewable biomass resources which are organic materials that come from plants and animals. Some bio based plastics are obtained by processing directly from natural polymers such as starch and gluten.

What will replace plastic in the future? ›

Replacing plastic food packaging and take out containers with biodegradable alternatives could divert waste destroying the natural habitat. In 2022, a group of scientists developed a spray on biodegradable food covering that rinses off with water. The coating could replace plastic packaging used to coat produce.

Who is the biggest manufacturer of plastic? ›

China accounted for 32 percent of global plastic materials production in 2022, making it the world's largest plastic producer by far.

What will happen in 2050 because of plastic? ›

If we don't do anything about the plastic soup, oceans will carry more plastic than fish (by weight) by 2050. The United Nations warns that marine life will be irreparably destroyed. Coral reefs appear to be particularly vulnerable to plastic pollution.

What are the 2 major drawbacks to recycling plastic? ›

The process of melting down and recycling plastic produces VOC, or volatile organic compounds, fumes that can harm plant and animal life near the industrial site. The heat needed to melt plastic also generates carbon emissions, which contribute to global warming.

Why is plastic no longer recyclable? ›

"It's difficult to reprocess and sort through all the plastic," said Lisa Ramsden, Greenpeace USA Senior Plastics Campaigner. Mixed container recycling bins contain a lot of contaminates that make plastic unrecyclable, she added. "Recycling is not the problem, plastics are," Ramsden explained.

What are the four key ideas to building a circular economy for plastics? ›

These are organized into four pillars with the emphasis on curbing demand, creating a circular plastics lifecycle, enhancing recycling and more careful waste management to close “leakage pathways” that lead to waste plastic littering the oceans and the environment.

Why is plastic bad for the economy? ›

Marine Plastic pollution has great economic and societal repercussions. Industries like tourism, fishing, real estate rely on marine environments and marine pollution can eradicate these economic opportunities.

What is the new plastic economy? ›

The New Plastics Economy: Rethinking the future of plastics provides, for the first time, a vision of a global economy in which plastics never become waste, and outlines concrete steps towards achieving the systemic shift needed.

What new material is being used instead of plastic? ›

Bioplastics: Globally, it is estimated that bioplastics (i.e., biopolymers that look and feel similar to conventional plastics but are made from natural materials rather than fossil fuels and are biodegradable or compostable) represent 1% of the total amount of plastics produced each year (more than 359 million tonnes) ...

What is the most eco-friendly plastic? ›

Made from purely biological materials such as sugar, corn, and vegetable oil, bioplastics are an improvement on traditional petroleum-based plastics. Popular types such as PHA (polyhydroxyalkanoates), PLA (polylactic acid), and acetate can perform as well as many traditional plastics.

What is the prediction for plastic production? ›

In the Baseline scenario, global plastics use is projected to triple between 2019 and 2060, from 460 million tonnes (Mt) to 1 321 Mt, mainly driven by economic growth. In 2020, the COVID-19 pandemic and its response measures led to a decline in economic activity that put downward pressure on plastics use.

What is the outlook for the plastic industry? ›

The global plastics market size was valued at USD 507.16 billion in 2023 and is projected to grow from USD 532.64 billion in 2024 to USD 778.67 billion by 2032, exhibiting a CAGR of 5.1% during the forecast period.

What is the plastic industry outlook for 2024? ›

Projected Market Growth

With a compound annual growth rate (CAGR) of 11.2%, it is set to ascend to an estimated $998.8 billion by the year 2024. This notable increase is largely attributed to the escalating demands across various sectors including industrial packaging, automotive, and construction.

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