Dow RETAIN Polymer Modifiers Win Sustainable Technology Packaging Award 2016
Supports a Circular Economy by Enabling the Recycling of Flexible Plastic Packaging
Shanghai, China - November 21, 2016 - - Dow Packaging and Specialty Plastics, a business unit of The Dow Chemical Company (NYSE:DOW), has been awarded the China Sustainable Packaging Awards 2016 by M.Success for its RETAIN™ Polymer Modifiers, a portfolio of compatibilizers that allow converters to recycle barrier film trim back into film production without sacrificing optical or physical properties.
RETAIN™ technology helps to divert packaging waste from landfill or incineration, increases post-consumer recycling yields and aids the creation of a circular economy for plastics packaging by enabling polyethylene-based barrier packaging to be recycled more effectively. The accolade recognizes Dow’s effort in developing more environmentally-friendly technology to achieve sustainable development.
Compared to other control films, RETAIN™ Polymer Modifiers help make packages clearer, maintain mechanical properties and significantly reduce gels in films produced from barrier film recycle streams. Packaging made with this technology can be recycled in a polyethylene recycling stream, addressing current recycling challenges and complications in multilayer flexible barrier packaging due to differences in material properties.
“Delivering sustainable packaging solutions to address challenges of today while inspiring applications of tomorrow is what drives Dow,” said Mark Saurin, commercial vice president, Packaging and Specialty Plastics, Asia Pacific. “Receiving the sustainable award for RETAIN™ is a testament of our ability to create game-changing innovative technologies for our customers to meet their sustainability goals and contribute to a greener environment.”
Dr Peter Lin, Associate R&D Director for Food Packaging at Pepsi G. China, one of the judges at the MSuccess China Sustainable Packaging Technology Awards, elaborated on the award. “The industry has faced issues recycling flexible packaging for years. Dow’s smart RETAIN™ technology is significant and timely because it allows the reuse of flexible packaging, and by doing so will help to reduce the plastic waste, and potentially making a measurable difference to the environment.”
As one of the more established sustainable development awards in the China packaging industry, \"China Sustainable Packaging Pioneer Awards\" and \"China Sustainable Packaging Technology Awards\" were started in 2011. Organized by M.Success Media Group, both awards were combined to form “China Sustainable Packaging Awards” in 2016. The awards aim to encourage the China packaging industry to adopt more sustainable practices in their technologies and solutions development.
About Dow Packaging and Specialty Plastics
The largest business unit in Dow, Packaging and Specialty Plastics (P&SP) delivers annual revenues of ~US$14 billion and is one of the largest materials suppliers to the global packaging industry. With 3,800 employees, 48 plants and 28 sites spread across 16 countries, the business focuses on high growth markets in food packaging, industrial packaging, personal hygiene, and transmission pipe. P&SP is a leading innovator and collaborates across multiple value chains on new and improved products and applications that meet or exceed customer expectations.
Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company is driving innovations that extract value from material, polymer, chemical and biological science to help address many of the world's most challenging problems such as the need for clean water, clean energy generation and conservation, and increasing agricultural productivity. Dow's integrated, market-driven, industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 180 countries and in high-growth sectors such as packaging, electronics, water, coatings and agriculture. In 2015, Dow had annual sales of nearly $49 billion and employed approximately 49,000 people worldwide. The Company's more than 6,000 product families are manufactured at 179 sites in 35 countries across the globe. On June 1, 2016, Dow became the 100 percent owner of Dow Corning Corporation’s silicones business, a global company with sales of greater than $4.5 billion in 2015, 25 manufacturing sites in 9 countries and approximately 10,000 employees worldwide. References to \"Dow\" or the \"Company\" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.