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
Neste is announcing the conclusion of its first series of trials into processing liquefied waste plastic with chemical recycling technology at its Porvoo refinery in Finland. The oil refining company says it has processed about 800 tons of liquefied waste plastic over the last two years – roughly the same amount generated annually by a European city with 500,000 people.
Sika performed well in a challenging environment in 2021. Despite the persistent COVID-19 pandemic and bottlenecks in the procurement of raw materials, sales rose significantly to a record CHF 9.24 billion, corresponding to growth of 17.1% in local currencies.
Ineos Olefins and Polymers Europe is joining the pioneering polypropylene (PP) recycling project Nextloopp, supporting its delivery of food-grade recycled content. The chemicals company will orchestrate a pivotal two-year project that will inform the building of a demonstration plant in the UK to produce 10,000 metric tons of recycled polypropylene (rPP) annually.