Encina and BASF Form Long-Term Partnership for Supply of Circular Raw Materials
The agreement is specifically for chemically recycled circular benzene derived from postconsumer end-of-life plastics
Source: Encina
Manufacturer of ISCC PLUS-certified circular chemicals Encina Development Group and BASF have established a long-term supply agreement for chemically recycled circular benzene derived from postconsumer end-of-life plastics. The agreement marks a pivotal moment in sustainable sourcing, as BASF strengthens the circular economy by integrating more chemically recycled, circular-based raw materials into its production processes. BASF will use the chemically recycled benzene for its broad Ccycled product portfolio.
Encina’s circular chemicals are key ingredients used in the production of commodity and novel plastics. The company’s proprietary catalytic technology produces drop-in quality and high yield circular feedstocks. Says Encina’s CEO David Roesser, “Encina is proud to partner with BASF, an industry leader renowned for its commitment to innovation and sustainability. This agreement is a big step on the transformative journey towards a truly circular Page 2 economy, where waste is minimized and resources are maximized for a more sustainable future.”
BASF’s approach toward achieving circularity encompasses the increasing use of recycled and renewable feedstocks, shaping new material cycles and creating new business models. The collaboration with Encina is said to exemplify BASF’s dedication to implementing cutting-edge solutions to accelerate the feedstock transformation.
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, such as benzene, 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 such as REDcert2 and ISCC PLUS, and meet the definitions by ISO 22095:2020.
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