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BASF, San Fang and Nichetech collaborate to advance circular economy in footwear industry with new TPU films

New footwear solutions to support zero-carbon emissions target by 2050 Partnership with leading companies in their respective industry BASF, San Fang Chemical Industrial Co., Ltd. (San Fang), and Nichetech Advanced Materials Co., Ltd. (Nichetech) have signed a Memorandum of Understanding (MoU) to jointly develop sustainable solutions for the footwear industry, with a focus on thermoplastic polyurethane (TPU) products and a shared ambition to achieve net-zero carbon emissions by 2050. The first