BASF and Masdar form strategic partnership
World’s first carbon-neutral and waste-free city
Masdar and BASF announced a strategic partnership agreement for collaboration on the construction of Masdar City, the world’s first carbonneutral and zero-waste city. BASF is named as a “preferred supplier” of construction materials and system solutions for the city’s construction. The chemical company will also open an office in Masdar City once it is completed.
“BASF will be an invaluable partner for Masdar and the development of Masdar City,” said Dr. Sultan Al Jaber, Chief Executive Officer of Masdar. “We’ve made a bold commitment to advance the use of sustainable materials in urban developments; tapping into BASF’s expertise in this field takes us one step closer to that goal.”
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