BASF (BASFY)-Encina Announce Long-Term Recycled Benzene Deal
Basf(BASFY) ZACKS·2024-06-24 23:20
BASF SE (BASFY) and Encina Development Group, LLC, an ISCC PLUS certified circular chemicals manufacturer, announced a long-term supply agreement for chemically recycled circular benzene derived from post-consumer end-of-life plastics. This marks a significant move in sustainable sourcing, as BASF strengthens the circular economy by integrating more chemically recycled, circular-based raw materials into its production processes. BASF plans to use chemically-recycled benzene for its broad Ccycled product por ...