BASF, the German chemical company, is developing a new process technology to produce hydrogen (H2) from natural gas without the negative carbon dioxide (CO2) emissions.
On the 10th January 2019, at its research press conference in Ludwigshafe, BASF presented a new corporate strategy which holds climate protection firmly at its core. A central goal of this strategy, is to achieve CO2-neutral growth until 2030, which the company hopes to accomplish by gradually replacing fossil fuels with renewable energy sources and developing radically new low-emission production processes.
Dr. Martin Brudermüller, Chairman of the Board of Executive Directors and Chief Technology Officer of BASF SE, stressed, “To reach the climate protection targets, a large-scale reduction in CO2 emissions will be necessary. As a raw material, CO2 is only suitable in selected applications and such uses will therefore not make a decisive contribution to slowing climate change.”
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