en.Wedoany.com Reported - Circular chemical producer Encina Development Group LLC (Encina) and BASF have signed a strategic cooperation agreement to support Encina’s planned circular chemical manufacturing facility on the U.S. Gulf Coast.
The agreement establishes a framework for BASF to provide strategic advisory services during key project development phases up to the final investment decision, covering procurement strategy and project execution planning. It also grants BASF the right to participate in future project development opportunities with Encina, including potential equity involvement.
This agreement builds on a previously announced long-term supply agreement involving circular benzene chemically recovered from waste streams. BASF plans to use these circular feedstocks in its extensive Ccycled® product portfolio.
Thomas Ohlinger, Senior Vice President of Trading Products at BASF, stated that advancing circular economy solutions requires strong collaboration across the entire value chain. Through this additional agreement with Encina, BASF continues to support the development of innovative methods that increase the availability of circular feedstocks for the chemical industry and expand the use of circular raw materials in production processes and the Ccycled product portfolio. This demonstrates the strength of being a partner with unique capabilities to support and shape early-stage projects beyond what a pure offtaker can offer.
Encina’s proprietary catalytic conversion technology transforms waste streams that would otherwise be sent to landfill or incineration into circular products used in existing manufacturing supply chains. The company’s products are designed as ready-to-use circular feedstocks, supporting decarbonization and circular economy goals across multiple industries.
Encina Development Group is an ISCC PLUS-certified circular chemical manufacturer that uses an integrated catalytic conversion process to transform waste streams into circular feedstocks and chemical products.
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