MOSCOW (MRC) -- BASF launches a new service offering, RegXcellence, for its plastic additives customers which enables targeted access to a range of global regulatory support, said the company.
RegXcellence provides digital solutions and simplifies regulatory issue management with advisory support to accelerate innovation opportunities. The regulatory landscape changes constantly. It is increasingly challenging for global businesses to navigate the complex regulatory frameworks whilst remaining compliant.
"As a leading global producer of plastic additives, we leverage our extensive experience in the plastic industry and strong knowledge of product stewardship and chemical legislation to stay ahead of the evolving regulatory trends. We proactively support our customers to ensure responsible and appropriate use of our additive solutions,” says Dr. Thomas Kloster, President, Performance Chemicals, BASF. “With the extension of the successful RegXcellence service to include plastic additives, we now enable our customers to benefit from our extensive regulatory service and expertise. Together, we can mitigate business risks, accelerate innovation, and achieve sustainable growth through regulatory compliance."
As this service expands, plastic additives customers will have access to a convenient digital solution to access regulatory documents. A global community of regulatory experts also evaluates relevant environmental, health and safety data. These experts are available to support customers when it comes to registration services or process and substance consulting. In addition, specific regulatory trainings are offered.
BASF already offers RegXcellence services to the customers of its fuel and lubricant solutions, plasticizers, pharma solutions and human nutrition businesses. RegXcellence for plastic additives is part of the VALERAS™ portfolio. With VALERAS, BASF is committed to increasing the sustainability of plastics along the entire polymer value chain with innovative solutions and offerings from its plastic additives business.
As MRC wrote before, BASF will build a battery recycling prototype plant in Schwarzheide, Germany, at the site of its cathode active materials (CAM) plant.
We also remind that n June, 2021, Trinseo, a global materials company and manufacturer of plastics, latex binders, and synthetic rubber, and BASF announced the intention to expand their businesses with the production of styrene monomer (SM) based on circular feedstock. Trinseo has procured first supplies of SM 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 tyre manufacturers while its PS products are used in applications such as food packaging and appliances. The first few customers have already processed the material, said the company.
BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries.