News

Published on 19 Jun 2024 on Zacks · via Yahoo Finance

BASF (BASFY) and Siemens Unveil Biomass Circuit Breaker


Article preview image

BASF SE BASFY and Siemens Smart Infrastructure have announced the introduction of the first electrical safety product incorporating components made from biomass-balanced plastics. The Siemens SIRIUS 3RV2 circuit breaker is now manufactured using BASF’s Ultramid BMBcert and Ultradur BMBcert, where fossil feedstock at the start of the value chain is replaced with biomethane from renewable sources like agricultural waste. These materials maintain the same quality and performance as traditional plastics. This shift in production is projected to cut carbon dioxide emissions by approximately 270 tons annually. By choosing these products, customers support a circular economy and a sustainable future.

This initiative aligns with Siemens' sustainability goals within its DEGREE framework, targeting decarbonization and resource efficiency. Siemens aims for a 90% reduction in scope 1 and 2 emissions by 2030 and plans to apply a Robust Eco Design to all relevant product families by that year. Siemens will soon extend the use of sustainable materials across its broader SIRIUS industrial controls portfolio. Alongside product design, features and manufacturing processes, material choices are crucial for reducing carbon emissions and conserving resources. The SIRIUS 3RV2 circuit breaker complies with the Siemens EcoTech label, providing comprehensive insights into environmental performance. Most of its housing and functional parts are made from biomass-balanced plastic and it consumes less power over its lifetime compared with its predecessor.

XETRA.BAS price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Is BASF SE (BAS.DE) The Best Annual Dividend Stock To Buy Now?

We recently published a list of 10 Best Annual Dividend Stocks To Buy Now. In this article, we ar...

Insider Monkey · via Yahoo Finance 10 Feb 2025

BASF's Personal Care Unit Unveils Innovative Technology for Retinol

BASF SE's BASFY Personal Care business has introduced VitaGuard A to meet the growing market dema...

Zacks · via Yahoo Finance 24 Jan 2025

Is BASF SE (BAS.DE) a Good German Dividend Stock to Invest In Now?

We recently compiled a list of the 8 Best German Dividend Stocks To Invest In. In this article, w...

Insider Monkey · via Yahoo Finance 29 Dec 2024

BASF SE Divests Food and Health Performance Ingredients Unit

BASF SE BASFY has signed an agreement to sell its Food and Health Performance Ingredients busines...

Zacks · via Yahoo Finance 26 Dec 2024

BASF (BASFY) and Siemens Unveil Biomass Circuit Breaker

BASF SE BASFY and Siemens Smart Infrastructure have announced the introduction of the first elect...

Zacks · via Yahoo Finance 19 Jun 2024

BASF (BASFY)-Encina Announce Long-Term Recycled Benzene Deal

BASF (BASFY) and Encina ink a long-term agreement to supply chemically recycled circular benzene,...

Zacks · via Yahoo Finance 13 Jun 2024

BASF (BASFY) to Expand Basoflux Production Capacity in Tarragona

BASF SE BASFY is set to expand the global production capacity of its Basoflux range of paraffin i...

Zacks via Yahoo Finance 16 May 2024

BASF SE (PNK:BASFY) Q1 2024 Earnings Call Transcript

BASF SE (PNK:BASFY) Q1 2024 Earnings Call Transcript April 25, 2024 BASF SE isn’t one of the 30 m...

Insider Monkey via Yahoo Finance 26 Apr 2024

Basf SE's Dividend Analysis

Assessing the Upcoming Dividend, Historical Payouts, and Financial Health of Basf SE (BASFY) Basf...

GuruFocus.com via Yahoo Finance 25 Apr 2024

BASF (BASFY) to Feature Sustainable Solutions at CHINAPLAS

BASF SE BASFY will attend CHINAPLAS 2024, a landmark event in the plastic and rubber sectors, to ...

Zacks via Yahoo Finance 9 Apr 2024