Home / Knowledge / News / Textiles / BASF picks German sustainability award
BASF picks German sustainability award
Dec '15
At the presentation ceremony of the German Sustainability Award 2015, BASF was presented with the Special Award 'Resource Efficiency'.

The German Sustainability Award recognises companies which make significant contributions to sustainable development on a national and international basis.

A BASF press release stated that Margret Suckale, member of the board of executive directors of BASF SE, accepted the award on behalf of the company.

“The award is a confirmation as well as a great motivation for us. As the world's leading chemical company, we have been working for economic success, environmental protection and social responsibility,” said Suckale.

“It is our aspiration to use our natural resources as sparingly as possible as the needs we have on food, clothing, housing, technology and much more are growing every day, but the planet's resources are ?nite,” she added.

“With this decision, the jury recognised BASF's Verbund concept that has set the benchmark in the chemical industry for resource and energy efficiency for decades,” BASF stated.

According to BAF, Verbund facilitates an efficient use of energy in production and the heat produced in one production facility can be re-used as energy in other plants.

In addition to the recognition for efficient raw material and energy use, the development of innovative business models for sustainability like the 'mass balance' method, was acknowledged by the jury.

This method uses renewable raw materials from the very beginning of the value chain in the existing Production Verbund and savings of fossil resources are calculated for each product.

BASF was also nominated in the category 'Most Sustainable Large Companies' and was among the three leading companies. (AR)

Fibre2Fashion News Desk – India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search