01. November 2019 | 05:50 CET
BASF, COVESTRO, IWATER GROUP - SOLUTIONS FOR CLEAN WATER
The raw material water is becoming increasingly scarce worldwide and for this reason careful handling is becoming increasingly important for the preservation of planet Earth. The protection of water resources also concerns manufacturing industries, because the avoidance of the emission of pollutants makes a significant contribution to environmental protection. Well-known companies have an interest in the sustainable production of products for the benefit of nature. Social pressure is high and the willingness to invest is increasing. There are different ways to protect the environment.
time to read:
1 minutes
by
Mario Hose
ISIN:
Author
Mario Hose
Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.
UNDERSTANDING THE REGIONAL IMPORTANCE OF WATER
The BASF Group operates globally and must plan its water consumption along the entire value chain according to the respective catchment area. For example, water is used for the manufacture of products, as a coolant and cleaning agent and as a transport route. Against this background, it is therefore an obligation to reduce emissions to water through production processes and to optimize them through the multiple use of water in cycles.
According to its own statements, the entire BASF Group has adopted the goals of the chemical industry's voluntary Responsible Care initiative. In addition, it is also important for the company to understand water consumption and its effects in the respective regions.
USING WATER SENSIBLY
The topic of sustainability is also important at Covestro. The company is one of the world's leading manufacturers of high-tech polymer materials. Covestro's products and application solutions can be found in many areas of modern life.
The use of water has many implications for the Group. On the one hand as a solvent for e.g. polyurethane coatings, but also the saving possibilities as well as the reduction of other raw materials in the overall process are important. The company's products can be found, among other things, in textile production. An area that is accompanied by various trends and is subject to continuous change.
SUSTAINABLE WATER PURIFICATION
The iWater Group focuses on water purification and offers solutions for various industries. The company's products contribute to the reduction of antibiotics in livestock and pesticides in agriculture. With the global pursuit of prosperity and comfort, the demands placed on water management are also growing. In this context, the prevention and reduction of contamination of waste water and water bodies is of great importance.
The market for effective and sustainable solutions for water purification is large. The company recently announced the addition of Reinhard Lange to its Executive Board, who previously served as Chairman of the Executive Board of logistics company Kuehne + Nagel. The global water market is huge, and the experience and network of new entrants are certainly helpful and carefully chosen.
