Dow’s efforts to reduce plastic waste and improve road quality have been recognized
MIDLAND City, Michigan – August 19, 2019 – Dow was named by FORTUNE Magazine in its 2019 “World Changing Companies” list, featuring 52 of the world’s top companies that have made a social impact. society or the environment through profit-making strategies and activities. Ranked 26th on the list, Dow was honored for its pilot program of using plastic waste for recycling in roads as part of the company’s long-term commitment to reducing plastic waste and promoting better practices. sustainable solution.
“Dow is honored to be honored by FORTUNE for driving new applications and markets for recycled plastics,” said Jim Fitterling, CEO of Dow. By developing solutions like these, we are demonstrating that plastics, from design to waste disposal are of immense value and can continue to benefit people and society in ways new way.”
To date, Dow has partnered with the value chain to build nearly 100 kilometers of roads using recycled plastic across Asia, Europe, North America and Latin America. Several projects have used Dow’s ELVALOY™ RET asphalt modification technology and converted nearly 200 tons of littered or landfilled plastic waste, the equivalent of 50 million plastic bags. Roads using this modified polymer are more resistant to weathering or vehicular corrosion than conventional asphalt and thus can reduce the number of dangerous potholes on the road or traffic jams.
Dow believes that plastic waste has value and can be transformed into new products and energy. In addition to roads made from plastic waste, Dow is working with an important partner in South America to use recycled plastic to develop building materials for schools in Colombia. Dow is also at the forefront of developing and scaling chemical recycling technology to turn plastic waste back into the raw material for new products. By reinventing new ways to reuse, recycle, and change the function of plastic waste, Dow and partners are pioneering innovative and innovative circular economy solutions. create.
FORTUNE’s “Changing the World” list ranks companies based on factors such as measurable social impact, business results, innovation levels, and harmony between the two. business and environment.
Please see more information about Dow’s projects to eliminate plastic waste from the environment at: https://dont-waste.dow.com/en-us
About Dow
Dow (NYSE: DOW) combines one of the industry’s broadest technology suites with integrated assets, focused innovation, and global operations to drive growth and success. The most innovative company, the most customer-oriented company, the most developed resource mobilization company, and the most sustainable scientific materials company. A portfolio of performance materials, industrial intermediates and plastics, delivering a diverse range of technology-driven products and solutions to customers in rapidly growing markets such as the packaging industry packaging, infrastructure and consumer care. Dow has 113 manufacturing plants in 31 countries and employs approximately 37,000 people. Dow’s 2018 revenue was about $50 billion. When referring to Dow or the Company, we mean Dow and its subsidiaries. www.dow.com or follow @DowNewsroom on Twitter.
For more information, please contact:
Ashley Mendoza
+1 225 353 1806
