What is meant by BASF's "Verbund" system?

BASF's "Verbund" system refers to an integrated production process designed to maximize resource efficiency across different chemical production sites. This system allows the company to optimize the use of energy, raw materials, and logistics by creating a network where by-products from one production step can serve as inputs for another process.

Through this interconnected approach, BASF can reduce waste and emissions while enhancing overall profitability and sustainability. The Verbund concept enables a more efficient use of resources and improves the synergy between different production facilities. This method also leads to cost savings and more sustainable operations, aligning with BASF's commitment to innovation and environmental responsibility.

Other choices, while they may represent valuable initiatives within BASF, do not encapsulate the essence of the Verbund system. Employee training, social responsibility, and marketing strategies each address different aspects of the company's operations but do not reflect the specific integrated and resource-efficient production framework that the Verbund system signifies.