Technology Experts from Chemical Industry Want to Reduce CO2 Emissions Through Collaboration

Representatives from 20 international chemical companies, including scientific experts and chief technology officers, attended a collaborative innovation workshop at BASF in Ludwigshafen at the joint invitation of BASF CEO Martin Brudermüller and the World Economic Forum. With the declared aim of accelerating progress on climate protection, the participants discussed innovative CO2-reduction technologies as well as new collaborative approaches.

“We all want to further significantly reduce CO₂ emissions at our plants,” said Dr. Brudermüller, chairman of the Board of Executive Directors and chief technology officer of BASF SE. “To do this, we have to develop and implement groundbreaking technologies. This process can be very time-consuming and we no longer have that much time. The Forum and BASF are hosting the industry to think about how they cooperate and explore ways to accelerate technology development.”

Climate protection is firmly embedded in BASF’s corporate strategy. A central goal of this strategy is to achieve CO₂-neutral growth until 2030. To accomplish this, BASF is continuously optimizing existing processes and gradually replacing fossil fuels with renewable energy sources. In addition, BASF wants to develop radically new low-emission production processes to reduce CO₂ emissions on a large scale. The company is bundling all this work in an ambitious Carbon Management program, aiming to harmonize climate protection and production growth.