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Agrochemicals


www.chemicalsknowledgehub.com


BASF strengthens innovation pipeline for sustainable agriculture


BASF is strengthening its innovation pipeline in sustainable agriculture, producing seeds, crop protection products and digital services to create ever more sustainable agricultural solutions, with farmers, the environment and society all expected to benefit from continuous research and development in this sector.


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ASF is investing heavily in R&D for sustainable agricultural innovations with the aims of helping farmers to overcome environmental and economic challenges and meeting consumers’ demand for more sustainably produced food. With solutions launching throughout the next decade, the company’s sustainable agriculture products pipeline supports its aim to annually increase BASF’s sales share of agricultural solutions with a substantial contribution to sustainability by 7%. By 2030, more than 30 major R&D projects will complement BASF’s connected offer of seeds and seed treatment products, chemical and biological solutions, and digital services, bringing the pipeline to an estimated peak sales potential of more than €7.5 billion. In 2020, BASF spent €840 million in R&D in the Agricultural Solutions segment; representing about 11% of the segment’s sales. The company says it will continue to invest in R&D of agricultural innovations at a high level in 2021. “BASF leads in solutions for sustainable


agriculture,” says Vincent Gros, President of BASF’s Agricultural Solutions division. “In addition to developing innovations, we also provide a connected offer, combining effective products as well as new technologies and services, tailored to customers’ needs and their different crop systems around the world.” BASF has committed to ambitious sustainability targets for its agriculture business by 2030: Besides increasing the annual sales share of sustainable agricultural solutions, farmers will be supported in reducing their CO2 emissions by 30% per ton of crop produced.


Developing a new fungicide: Revysol, which BASF launched in 2018, is a highly effective fungicide that not only meets strict legal requirements but is also practical to use and highly flexible. It was developed by a diverse team of experts, among them Dr. Klaas Lohmann, Principal Scientist for Fungicide Chemistry (left), and Dr. Martin Dust, Head of Global Regulatory Affairs Fungicides (right). Here, they examine young wheat plants growing in the BASF fungicide greenhouse at Limburgerhof, Germany.


Further, the company is striving to apply digital technologies on more than 400 million hectares of farmland cumulatively by 2030, while continuing to ensure the safe use of its products. BASF remains committed to developing solutions that drive the transformation of the agricultural food system for the better: “Sustainability is engrained in our entire R&D process. It leads the way in how we develop our innovations,” Gros emphasizes.


Connected offer for productive and environmentally friendly farming By 2050, farmers will have to feed an estimated 9.7 billion people, requiring an increase in productivity of 50%. BASF says digitalization has the potential to make an important contribution to this and the company is therefore advancing its digital technologies together with other


Enhanced sustainability: Sustainable Solution Steering from BASF


BASF has developed the Sustainable Solution Steering method to enhance the sustainability of its portfolio: this voluntary assessment is unique in the chemical industry and independently audited by third parties. By the end of the 2020 business year, the company had conducted sustainability analyses and assessments for 98.4% of its relevant portfolio of more than 57,000 specific product applications and the company says this transparent classification of products enables it to systematically improve them and make its whole portfolio more sustainable. BASF’s Agricultural Solutions division assesses its entire product portfolio against clearly defined sustainability criteria and by integrating industry-leading and third-party audited sustainability criteria at an early stage of its R&D process, the division is able to continuously steer its R&D towards an ever more sustainable portfolio. More information on BASF’s Sustainable Solution Steering can be found at www.aginnovation.basf.com


16 March/April 2021 • Issue 2


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