PR85735

SHANGHAI, Sept. 23, 2020 /PRNewswire=KYODO JBN/ --

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.

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

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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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