BASF is the world’s largest chemical group – headquartered in Ludwigshafen, Germany
Has an offtake contract for chemical raw materials from Skive
Extensive partnership related to developing technology within chemical recycling
On-site partnership in Skive
Partner for future plants
BASF has a stated strategy and plan for the work with chemical recycling of plastic
BASF has a plan and vision of increasing the proportion of recycled plastic in products to its customers using a chemical recycling technology. They want to replace as much as possible of the 20 million tons of oil they currently use in production
BASF is highly committed to the work of developing good models for life cycle analyses and transparent and verifiable documentation of the positive environmental impacts of chemical recycling
“The investment underlines BASF’s commitment towards a sustainable use of resources and the development of a circular economy model for plastics,” says Hartwig Michels, President Petrochemicals, BASF. Moreover, the partnership is a first step to building a broad supply base for Chemcycled products. This enables us to support our customers in achieving their sustainability targets.”
DUBAL Holding LLC, a 100% subsidiary of Investment Corporation of Dubai (ICD), is an investment holding company focused on Utilities, Non Ferrous Metals, Recycling & Industrial products to support the industrialization in UAE through localization initiatives.
Eurazeo is a leading global investment company, with a diversified portfolio of €32 billion in assets under management, including nearly €23.2 billion from third parties, invested in 530 companies. With its considerable private equity, venture capital, private debt as well as real estate and infrastructure asset expertise, Eurazeo accompanies companies of all sizes, supporting their development through the commitment of its nearly 360 professionals and by offering deep sector expertise, a gateway to global markets, and a responsible and stable foothold for transformational growth. Its solid institutional and family shareholder base, robust financial structure free of structural debt, and flexible investment horizon enable Eurazeo to support its companies over the long term.
Eurazeo Transition Infrastructure Fund is managed by Eurazeo Infrastructure Partners
Eurazeo has offices in Paris, New York, London, Frankfurt, Berlin, Milan, Madrid, Luxembourg, Shanghai, Seoul, Singapore and Sao Paulo.
Eurazeo is listed on Euronext Paris.
Saipem is an advanced technological and engineering platform for the design, construction and operation of safe and sustainable complex infrastructure and plants. Saipem has always been oriented towards technological innovation and is currently committed, alongside its clients, on the frontline of energy transition with increasingly digitalised tools, technologies and processes that were devised from the outset with environmental sustainability in mind. It is listed on the Milan stock exchange and operates in 70 countries around the world with 32 thousand employees from 130 different nationalities.