Sector News

Dow joins WEF plastics program

October 2, 2018
Energy & Chemical Value Chain

Dow Chemical Company announced on Monday that it is joining the Global Plastic Action Partnership (GPAP), an initiative conceived by the World Economic Forum (WEF) to bring business, national and local governments, experts, and community groups together to tackle marine waste. Other corporate partners include Coca-Cola Company and PepsiCo.

“Dow, across the whole manufacturing value chain, understands the important role materials innovation will play in solving this critical global challenge,” says Jim Fitterling, CEO of Dow. “Through innovation and collaboration, Dow is committed to improving the recyclability of plastics and will help facilitate the world’s transition to a circular economy, where waste is captured, valued and designed into new products and services.”

GPAP’s first collaboration will be with the Government of Indonesia, where the government has a national plan to reduce plastic waste by 70% over the next seven years. GPAP aims to have investable localized solutions in place by 2020, which can then be adapted and implemented in other countries. The partnership will announce collaborations in two other coastal nations—one in West Africa and a small island developing state—in the coming months. These three proof-of-concept projects will coincide with the UN’s next landmark ocean conference.

By: Rebecca Coons

Source: Chemical Week

comments closed

Related News

April 26, 2024

CIECH Group will change its name to Qemetica in June

Energy & Chemical Value Chain

We are closing the chapter of the Chemicals Import Export Headquarters, and opening a new chapter under the name of Qemetica – a chemical group driving many industries on all continents. Therefore, the change of name is also accompanied by the adoption of the key goals of the business strategy for the next 6 years. – says Kamil Majczak, President of the Management Board.

April 26, 2024

Neste annouces first success in processing pyrolysis oil from discarded tires

Energy & Chemical Value Chain

In its efforts to advance chemical recycling, Neste has successfully conducted its first processing trial run with a new challenging raw material, liquefied discarded tires. In the processing run, Neste produced high-quality raw material for new plastics and chemicals.

April 26, 2024

Sika opens synthetic fibers production facility in Peru

Energy & Chemical Value Chain

Sika is opening a state-of-the-art facility in Lima, Peru, to produce synthetic macro fibers, and expanding the rollout of a product range with great growth potential in Latin America. With this innovative technology, Sika is further strengthening its position as a leading supplier to the mining industry and a strong partner for infrastructure projects.

How can we help you?

We're easy to reach