- Advancements in the U.S. and Europe will enable Dow to produce circular polymers from materials previously considered unrecyclable
- Company on-track to secure key third-party certifications for assuring circular plastic products to its customers
MIDLAND, Mich., Oct. 6, 2021 -- Dow (NYSE: DOW) today announced several advancements in its efforts to prevent plastic waste, reduce greenhouse gas emissions and provide customers with recycled plastic products that provide the same performance as virgin plastics derived from fossil fuel-based feedstocks.
The advancements will enable the Company to provide initial supply of fully circular polymers to customers starting in 2022.
"The market is placing significant value on circularity and Dow is innovating to address the tremendous unmet demand for circular and low carbon polymers," said Diego Donoso, president of Dow Packaging & Specialty Plastics. "As the leading materials science company, Dow is offering our customers what they need today and helping them develop more sustainable products, including 100% recyclable solutions or adding recycled or bio-based content into their products."
The advancements include:
- Dow and Fuenix Ecogy Group are expanding upon the companies' initial agreement to scale circular plastics production through advanced recycling with the construction of a second plant in Weert, the Netherlands. The new plant will process 20,000 tonnes of waste plastic into pyrolysis oil feedstock, which will be used to produce new circular plastic at Dow's Terneuzen site in The Netherlands.
- Dow and Gunvor Petroleum Rotterdam finalized an agreement to purify pyrolysis oil feedstocks derived from plastic waste. Gunvor will supply cracker-ready feedstock to Dow beginning in 2021, which will be used to produce circular plastics for customers. The purification process is necessary to ensure the pyrolysis oil feedstocks are of sufficient quality to produce new polymers.
- Dow is fast-tracking the design, engineering and construction of a market development scale purification unit in Terneuzen, the Netherlands, to provide additional capacity to purify pyrolysis oil feedstock derived from plastic waste.
- Dow has established a multi-year agreement with New Hope Energy, based in Tyler, Texas, to supply the Company with pyrolysis oil feedstocks derived from plastics recycled in North America. New Hope Energy converts used plastics into pyrolysis oil feedstock, which Dow will use to produce circular plastics.
- In preparation to deliver certified circular plastic products to its customers, Dow has received or is on-track to receive International Sustainability & Carbon Certification (ISCC) for each of its major European and U.S. sites. Certification requires an independent, external audit, ensuring product supply chains are fully traceable and that Dow and its suppliers are adhering to and accelerating sustainable practices.
The advancements complement Dow's recently announced partnership with Mura Technology to support the rapid scaling of Mura's new HydroPRS™ (Hydrothermal Plastic Recycling Solution) advanced recycling process. The world's first plant using HydroPRS™ is in development in Teesside, U.K., with the first 20,000 tonne per year line expected to be operational in 2023, providing Dow with additional recycled feedstocks.
All of these efforts enable plastics that are currently unrecyclable to be recycled, including flexible plastics used in packaging, which today are typically incinerated or sent to landfill.
"Dow continues to collaborate on leading technologies to enable the future we envision – the sustainable, resource-efficient production of circular plastics – to preserve the tremendous environmental benefits of plastics, including the critical role plastics play in reducing carbon emissions," said Donoso.
Dow is taking important steps toward meeting its sustainability targets to address both climate change and plastic waste. The Company has set targets to enable 1 million metric tons of plastic to be collected, reused or recycled through its direct actions and partnerships by 2030, and to enable 100 percent of its products sold into packaging applications to be reusable or recyclable by 2035.
Dow (NYSE: DOW) combines global breadth, asset integration and scale, focused innovation and leading business positions to achieve profitable growth. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company, with a purpose to deliver a sustainable future for the world through our materials science expertise and collaboration with our partners. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer care. Dow operates 106 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $39 billion in 2020. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
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SOURCE The Dow Chemical Company