{"id":87128,"date":"2021-04-15T07:44:17","date_gmt":"2021-04-15T05:44:17","guid":{"rendered":"https:\/\/news.bio-based.eu\/?p=87128"},"modified":"2021-09-09T19:32:17","modified_gmt":"2021-09-09T17:32:17","slug":"trinseo-and-basf-jointly-announce-business-collaboration-on-circular-feedstock","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/trinseo-and-basf-jointly-announce-business-collaboration-on-circular-feedstock\/","title":{"rendered":"Trinseo and BASF jointly announce Business Collaboration on Circular Feedstock"},"content":{"rendered":"<ul>\n<li><strong>Biomass-balanced feedstock: Distinct greenhouse gas reduction with product properties unchanged<\/strong><\/li>\n<li><strong>Chemically recycled feedstock: Plastic waste redirected into production cycles<\/strong><\/li>\n<\/ul>\n<p>Trinseo (NYSE: TSE) and BASF announce today the intention to expand their businesses with the production of styrene based on circular feedstock.\u00a0 The enhanced collaboration between Trinseo and BASF aims to increase efforts by both companies in the development and management of styrene featuring an improved environmental profile.<\/p>\n<p>Trinseo has recently been procuring first supplies of the synthetical chemical styrene based on circular feedstock from BASF for use in its Solution-Styrene Butadiene Rubber (S-SBR) and polystyrene (PS) products. Trinseo supplies S-SBR to major tires manufacturers while its PS products are used in applications such as food packaging and appliances and the first few customers have already processed the material.<\/p>\n<p>\u201cBy creating synergy across the value chain, the Trinseo-BASF collaboration is an important move towards helping our customers reach their sustainability goals as well as the development of a truly circular economy,\u201d said Nicolas Joly, Vice President, Plastics &amp; Feedstocks of Trinseo. \u201cThe initiative is also in line with Trinseo\u2019s 2030 Sustainability Goals announced earlier this year.\u201d<\/p>\n<p>\u201cCO<sub>2<\/sub> emission reduction and a circular economy are BASF\u2019s paramount targets. Using circular feedstocks instead of virgin fossil resources contributes directly or indirectly to an improved CO<sub>2<\/sub> footprint of subsequent products,\u201d says Klaus Ries, Vice President for BASF\u2019s Styrenics Business Europe. \u201cWhile our customer Trinseo procures biomass balanced (BMB) styrene for their downstream business already, styrene Ccycled\u2122 will be available in the near future\u201d.<\/p>\n<p><strong>Two types of mass balanced styrene<\/strong><\/p>\n<p>There are two types of styrene BASF can produce with a mass balance approach \u2013 renewable feedstock based-styrene and styrene based on chemically recycled feedstock. Mass balance is a chain of custody model designed to keep track of the total amount of input (e. g. circular feedstock) throughout the production cycle and ensure an appropriate allocation to the finished goods. Both of these alternative feedstocks replace a certain amount of virgin fossil resources at the beginning of the value chain \u2013 leading to a reduction of CO<sub>2<\/sub> emissions.<\/p>\n<p>To produce BMB styrene, BASF replaces fossil resources like naphtha or natural gas by renewable feedstocks derived from organic waste or vegetable oils.\u00a0 When manufacturing Ccycled\u2122 products, BASF uses pyrolysis oil derived from plastic waste that is not recycled mechanically, e.g., mixed household waste or end-of-life tires, as a feedstock, thus contributing to plastics circularity.<\/p>\n<p>With this approach Trinseo and BASF can offer products with a better environmental profile and the same properties as those manufactured from fossil feedstock.\u00a0 The allocation process via the mass balance approach as well as the products are certified by an independent auditor.\u00a0 Read more about BASF\u2019s ChemCycling\u2122 project <a href=\"https:\/\/www.basf.com\/global\/en\/who-we-are\/sustainability\/we-drive-sustainable-solutions\/circular-economy\/mass-balance-approach\/chemcycling.html\">here<\/a>.<\/p>\n<p><strong>About BASF<\/strong><\/p>\n<p>At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 110,000 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 is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition &amp; Care and Agricultural Solutions. BASF generated sales of \u20ac59 billion in 2020. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at <a href=\"http:\/\/www.basf.com\">www.basf.com<\/a>.<\/p>\n<p><strong>About Trinseo<\/strong><\/p>\n<p>Trinseo (NYSE:TSE) is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber with a focus on delivering innovative, sustainable, and value-creating products that are intrinsic to our daily lives. Trinseo is dedicated to making a positive impact on society by partnering with like-minded stakeholders, and supporting the sustainability goals of our customers in a wide range of end-markets including automotive, consumer electronics, appliances, medical devices, packaging, footwear, carpet, paper and board, building and construction, and tires. Trinseo had approximately $3.0 billion in net sales in 2020, with 17 manufacturing sites around the world, and approximately 2,600 employees. For more information, please visit: <a href=\"http:\/\/www.trinseo.com\">www.trinseo.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Partnership based on shared values supporting circularity with styrenic plastics<\/p>\n","protected":false},"author":58,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572,17143],"tags":[5838],"supplier":[75,10380],"class_list":["post-87128","post","type-post","status-publish","format-standard","hentry","category-bio-based","category-recycling","tag-bioeconomy","supplier-basf-se","supplier-trinseo-sa"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/87128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=87128"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/87128\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=87128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=87128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=87128"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=87128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}