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
PepsiCo Europe and crop nutrition company Yara have announced a long-term partnership aimed at providing European farmers with low-carbon crop nutrition solutions to help decarbonise the food value chain. Under the agreement, Yara will supply PepsiCo with up to 165,000 tons of fertiliser per year by 2030, covering around 25% of the food and beverage giant’s crop fertiliser needs across Europe.
BASF has signed an agreement to sell its flocculants business for mining applications to Solenis, a specialty chemicals manufacturer. The divestment of the flocculants business to Solenis is part of BASF’s ongoing portfolio optimisation with the aim of focusing on strategic core areas.
ADAMA Ltd. a leading crop protection company, announced that its board of directors has appointed Gaël Hili as its President and Chief Executive Officer, effective October 1, 2024. Hili will join the Syngenta Group Leadership Team and will be based in Tel Aviv.
