BASF produces 'pioneering' carbon balance report
German chemical firm BASF claims to have produced a pioneering report detailing the carbon balance of all its business activities throughout the supply chain.
The company has issued figures indicating that greenhouse gas savings from BASF products are three times more than the emissions by their production and disposal.
Its data, which has been independently assessed, took into account the emissions from raw materials and early points in products' production, leading to the company's claim that it is moving towards a green supply chain.
"The enormous potential savings that can be achieved by using innovative technologies and products from BASF are ignored if one looks solely at the emissions from our production sites," explained Eggert Voscherau, Vice Chairman of BASF SE.
"In areas such as construction, automobiles and industrial production, our products help our customers to save more than 250 million metric tons of CO2 worldwide," he added. "We want to maintain or even improve this factor through new products and innovations and by continuing to reduce our own emissions."
As well as its involvement in chemical production, BASF also operates in a number of other areas including plastics, agricultural products and oil and gas exploration.
Article Date: 12 February 2008
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