BASF, REEF Technology ink deal to improve the quality of plastic recyclate materials
BASF has signed a strategic cooperation agreement with Zhejiang REEF Technology to develop state-of-the-art recyclate formulations for applications used in the automotive, packaging and consumer industries.
Under the agreement, BASF will provide its recently launched IrgaCycle additive solutions along with technical consultancy and support for recycled polymer formulations conducted at BASF’s test facilities.
“Our goal is to help deliver higher quality, safer and more effective products while supporting the plastic circular economy and helping reduce the use of virgin plastic material,” said Hermann Althoff, Senior Vice President, Performance Chemicals Asia Pacific. “In this way, we support our customers and partners to achieve their sustainability targets and create sustainable innovations together.”
“We wanted to partner with a world-class manufacturer of plastic additives like BASF to improve the quality of our recyclates,” said Shirley Wu, General Manager, REEF. “With its in-depth expertise in plastic additives, BASF supports us in this core area by improving the processing and long-term stability of highly contaminated recycled plastic fractions.”
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