BASF to grant Evonik certain non-exclusive licensing rights to Opteinics, BASF's digital solution to reduce environmental footprint of feed, animal protein industries; technology will work together with Evonik's farm management tools

Sample article from our Chemicals Industry

September 20, 2022 (press release) –

 

  • Global science-based companies enter up into agreement to enable transparent environmental assessment & accelerate impact reduction of the animal protein value chain
  • Cooperation combines BASF’s deep value chain sustainability experience in animal nutrition and Evonik’s extensive knowledge of feed formulation and customer insights

BASF and Evonik entered into an agreement, granting Evonik certain non-exclusive licensing rights to Opteinics™ - BASF’s digital solution to increase understanding and reduce the environmental footprint of the feed and animal protein industries. Evonik integrates the digital ready-to-use sustainability platform Opteinics™ into its global feed consultancy services. Combining BASF's digital sustainability solution Opteinics™ with Evonik’s innovative farm management tools and sustainability services will help customers to produce more sustainable feed and animal protein.
Opteinics™ is a software solution launched by BASF in 2021 to measure, analyze and minimize the environmental impact of animal protein, with an emphasis on animal feed production. Currently the software offers modules for pig and poultry production and can be integrated with feed formulation software.

Opteinics™ for pork has recently been fully verified to conform with the ISO 14040 and 14044 LCA standards as well as with the UN Food & Agriculture Organization Livestock Environmental Assessment & Performance (LEAP) Partnership guidelines.  Applications for the dairy value chain and for the optimization of compound feed mixtures will follow soon.

With the use of Opteinics™, Evonik can even better support the livestock industry to make significant progress in fighting climate change, safeguarding ecosystems, and ensuring health and well-being as it works to achieve sustainable food production.

“BASF has over 25 years of expertise in life cycle assessment. Based on our profound knowledge in sustainability improvement, we have independently developed Opteinics™. With Evonik, we have a strong partner to make it a preferred and leading solution as a digital sustainability platform for the global feed industry,” says Manuel Rez, Director Global Product Management Performance Ingredients & Solutions and Marketing BASF Animal Nutrition.

“We are incorporating BASF’s ready-to-use software Opteinics™ into our comprehensive sustainability solutions for customers,” explains Dr. Stefan Mack, head of Service Marketing at Evonik's Animal Nutrition business line. “Along with Evonik’s global sustainability feed consulting services, it will help to deliver expert knowledge, built on decades of expertise, research, and extensive data”.

BASF and Evonik are already targeting further developments in digital sustainability offerings as they both aim to help the animal production sector become more sustainable.

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €78.6 billion in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com

About Evonik

Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €15 billion and an operating profit (adjusted EBITDA) of €2.38 billion in 2021. Evonik goes far beyond chemistry to create innovative, profitable and sustainable solutions for customers. About 33,000 employees work together for a common purpose: We want to improve life today and tomorrow.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

See our dashboard in action - schedule an demo
Dan Rivard
Dan Rivard
- VP Market Development -

We offer built-to-order chemicals industry coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.