Identify one technology that BASF has invested in to enhance resource efficiency.

BASF's investment in biotechnology for producing bio-based materials represents a significant technological advancement aimed at enhancing resource efficiency. This approach allows for the development of materials derived from renewable biological resources, which can help reduce reliance on fossil fuels and minimize the carbon footprint associated with traditional petrochemicals. By harnessing biological processes, BASF is not only working towards sustainable production methods but also contributing to a circular economy where resources are utilized more effectively.

This investment aligns with global trends in sustainability and an increasing demand for eco-friendly products. Utilizing biotechnology can also lead to the creation of materials with unique properties and functionalities that may not be achievable through conventional methods, further reinforcing BASF's commitment to innovation and resource efficiency in its product offerings.