The company's driving force behind the predicted sales increase is a new innovation strategy focused on bio-based solutions, the energy transition, and the circular economy. 

In an interview with PCI, Giona Kilcher, Global Business Director, CASE, at Trinseo, delves into how chemical recycling, traditionally associated with plastics, is now being harnessed to make latex binders for coatings more environmentally friendly.

The company announced a new manufacturing processes that integrates up to 40% post-consumer recycled content from end-of-life packaging products into its powder coating resins.

The energy-efficient, cost-effective way to convert the greenhouse gas into a wide range of chemical feedstock, spearheaded by NUS scientists, achieves cost reduction of about 30%.

By replacing fossil fuels with renewable resources, biomass balance products contribute to reducing greenhouse gas emissions and enabling a circular economy. BASF explains its Circular Economy Program in an effort to explain how the coatings industry and its approach to sustainability is changing and evolving to include the entire value chain. 

Suitable for a broad range of applications, customers can now offer their high-performance products with externally verified sustainability benefits thanks to a mass balance approach.

Its adhesives solution underscores company’s commitment to a circular economy and to enabling the transition to more sustainable packaging formats.

The report urges the Government to recognize the importance of upstream ‘enabler’ industries to manufacturing and the British economy.

The company hopes to accelerate the transition to a circular economy by building strong partnerships across value chains.  

The coatings industry, like many others, thrives on interconnectedness and shared value chains. By recognizing sustainability as a shared responsibility, understanding the interconnected needs throughout the value chain, and ensuring accountability, companies can drive meaningful change.