BUSINESS INCENTIVES OF CHEMICAL LEASING IN THE CHEMICAL AND MANUFACTURING INDUSTRY

| September 6, 2017

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Sustainable production is increasingly receiving attention throughout Europe. It is pursued in many ways, generally concerned with energy and material consumption. While there are many technical initiatives tackling the reduction of material and energy consumption or reduction of waste production, such initiatives tend to be highly specific, i.e. having limited scalability. The introduction of new business models forms a more widely applicable approach. Those new business models focus on the dematerialization of business or on closing material cycles, and are applied in the context of Product Service Systems, Industrial Symbiosis or Circular Economy. One such business model is called Take Back Chemicals.

Spotlight

Center for Biorenewable Chemicals (CBiRC)

The NSF Engineering Research Center for Biorenewable Chemicals is focused on biobased chemicals and materials. With more than $5m annual investments in R&D, CBiRC is developing a path from biomass to an array of chemical intermediates that will form the foundation for a new industry producing biobased chemicals, surfactants, polymers, resins, cosmetics, adhesives, paints, coatings, dyes, sealants, food additives and specialty chemicals.

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The NSF Engineering Research Center for Biorenewable Chemicals is focused on biobased chemicals and materials. With more than $5m annual investments in R&D, CBiRC is developing a path from biomass to an array of chemical intermediates that will form the foundation for a new industry producing biobased chemicals, surfactants, polymers, resins, cosmetics, adhesives, paints, coatings, dyes, sealants, food additives and specialty chemicals.

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