Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Wednesday, September 23 2020 - 11:00
AsiaNet
Dow and Luhai announce partnership to increase the circularity of plastics in China
SHANGHAI, Sept. 23, 2020 /PRNewswire-AsiaNet/ --

Dow and Luhai announce partnership to increase the circularity of plastics in 
China 

First recycling collaboration for Dow in Asia Pacific

Dow (NYSE: DOW) and Luhai, an integrated waste management company located in 
Xiamen, China, today announced their collaboration to give plastics waste 
collected by Luhai a second life, thereby increasing the circularity of 
plastics in China. The agreement is in line with Dow's new sustainability 
targets [ 
https://corporate.dow.com/en-us/news/press-releases/dow-sets-targets-to-reduce-ghg-emissions--stop-plastic-waste--an] 
to Stop the Waste by enabling one million metric tons of plastic to be 
collected, reused or recycled through its direct actions and partnerships by 
2030. 

Photo - https://photos.prnasia.com/prnh/20200917/2920575-1  
Dow and Luhai announce partnership to increase the circularity of plastics in 
China

Logo - https://photos.prnasia.com/prnh/20200526/2813064-1LOGO  
Logo


Aside from its long history of recycling beverage cartons, Luhai's waste 
management operation is focused on collecting and recycling various kinds of 
post-consumer plastics from waste collected in China. They are currently 
actively collecting plastic waste from local communities in Xiamen city in 
Fujian province, with plans to expand to other cities across the country. 

Through this strategic partnership, Dow will use its expertise in materials 
science and application development to create new circular plastic solutions 
for the Asia Pacific market with from the plastic waste collected by Luhai.

"Plastic waste is one of the most important environmental concerns in Asia, 
however we can solve this important issue as waste plastic is a valuable 
resource that can be transformed into new products. We are aggressively 
tackling the issue by joining efforts with partners to create new applications 
and value-add to this important material," said Bambang Candra, Asia Pacific 
commercial vice president for Dow Packaging & Specialty Plastics. "We are 
delighted to have Luhai as our recycling partner as we make significant 
progress toward achieving our shared vision to close the plastics waste 
management loop and affect much needed change together."

Dow's goal is to divert plastic waste from the environment and protect the 
ecosystems that local communities depend on. With this collaboration, Dow aims 
to demonstrate the value of recycled plastics by putting them to use in 
different packaging applications and ultimately, increase the collection and 
recycling of post-consumer plastics in the local communities. 

"As a pioneer in the waste recycling sector in China for twenty years, we are 
committed to turning plastic wastes into high-value products and enabling the 
waste management value chain to give plastics a second life, thus accelerating 
the development of China's "Zero Waste" city," said Jennifer Jiang, President, 
Luhai. "We are pleased to partner with Dow to explore using plastic waste in 
innovative ways as a long-term environmentally friendly solution for our 
industry while we further our sustainability objectives." 

Partnering with organizations along the value chain that are already in the 
waste management and recycling business is key to advancing a circular economy 
for plastics. By working together with Luhai, Dow strives to help reduce 
plastic waste in China by giving new end-of-life use to plastics that would 
otherwise have ended up in the environment or landfill.

About Dow Packaging and Specialty Plastics

Packaging and Specialty Plastics (P&SP), a business unit of Dow (NYSE: DOW), 
combines core strengths of R&D, worldwide reach, broad product lines and 
industry expertise to deliver high performing technologies for end use markets 
in food packaging, personal hygiene, infrastructure, consumer goods and 
transportation. P&SP is one of the world's largest producers of polyethylene 
resins, functional polymers, and adhesives, and enabled by Pack Studios, is a 
leading innovator and collaborator across the value chain on sustainable 
application development and circular economy life-cycle design for plastics. 
www.dowpackaging.com

About Dow

Dow (NYSE: DOW) combines global breadth, asset integration and scale, focused 
innovation and leading business positions to achieve profitable growth. The 
Company's ambition is to become the most innovative, customer centric, 
inclusive and sustainable materials science company. Dow's portfolio of 
plastics, industrial intermediates, coatings and silicones businesses delivers 
a broad range of differentiated science-based products and solutions for its 
customers in high-growth market segments, such as packaging, infrastructure and 
consumer care. Dow operates 109 manufacturing sites in 31 countries and employs 
approximately 36,500 people. Dow delivered sales of approximately $43 billion 
in 2019. References to Dow or the Company mean Dow Inc. and its subsidiaries. 
For more information, please visit www.dow.com or follow @DowNewsroom on 
Twitter.

Xiamen Luhai Pro-environment Co., Ltd. 

Xiamen Luhai Pro-environment Co., Ltd. (hereinafter referred to as Luhai) was 
established in December 2000, listed in National Equities Exchange and 
Quotations in 2015 with stock code 834562.Luhai is committed to urban 
recyclable solid waste integrated operation service, includes recycling 
operation, reprocessing, application research and circular business. The 
company mainly recycles various kinds of post-industrial and post-consumer 
waste plastic, used beverage carton. The main products are recycled plastic, 
recycled pulp, Re-fine product, and refuse derived fuel (RDF), etc. Their 
21.4-acre Zhangzhou plant (which is 1 hours' drive from Xiamen), "National 
Resource Recycling Base" has more than 70 thousand square meters construction 
area with annual capacity of 150 thousand MT, hiring more than 200 employees 
nationwide.

SOURCE Dow

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