Dow honored with two illustrious wins at the 2020 Ringier Technology Innovation Awards
PR84889
SHANGHAI, July 27, 2020 /PRNewswire=KYODO JBN/--
New COF Stable Resin and Olefin Block Copolymer solutions commended for being
cutting-edge and sustainable
Dow (NYSE:DOW) has been presented with two notable awards in the Plastics Raw
Materials & Additives and Rubber/Elastomer Materials and Additives categories
at the 2020 Ringier Plastics Technology Innovation Awards. The new Co-efficient
of Friction (COF) Stable Resin and Integrated Foam Tire based on Olefin Block
Copolymer (OBC) were recognized in each product category respectively, among
several innovations, for their unique solutions.
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Both award-winning products were honored for improving the usage experience.
The COF Stable Resin enabled a smoother, faster and more efficient packaging
process, while the OBC equipped the bike-sharing industry with enhanced tires.
"We are thrilled to be recognized for our innovative products. Our goal has
always been to leverage science and technology to create valuable solutions for
the industry and society. This achievement acknowledges Dow's capabilities to
continuously improve product performance and be a leader in responding to
industry needs," said Wu Chang, technical service and development director, Dow
Packaging and Specialty Plastics, Asia Pacific.
COF Stable Resin: Taking packaging efficiency to the next level
COF Stable Resin XUS 59999.110 is an innovative solution specially developed to
address a limitation in the flexible packaging industry by increasing
productivity. The resin provides stable COF of lamination films throughout the
entire process of lamination, curing, storage and transportation. This in turn
offers higher efficiency on fast speed packaging lines by minimizing film
breakages and interruptions.
The panel of judges from the 2020 Ringier Technology Awards praised: "The COF
Stable Resin is a highly innovative product that is created using rare COF
modification technique, designed to enhance the efficiency for both
manufacturers and brand owners. Its significant and widespread application
highlights how it is a viable solution to challenges in the flexible packaging industry."
Olefin Block Copolymer (OBC): An innovative solution for the bike sharing industry
Olefin Block Copolymers (OBC) based foam tire is a new solution developed for
the bike sharing industry to introduce tires that are lightweight, durable and
require no maintenance. With Dow's unique OBC product and working closely with
downstream partners, the new foamed integrated tires are puncture-resistant,
tough, elastic, heat-resistant and up to 40 per cent lighter in weight when
compared to pneumatic tires, thus giving end users a better riding experience.
Judges from the awards panel shared: "The current tires being offered are heavy
and prone to wear and tear. With China's rapid growth in its bike sharing
industry, there is a strong need for high quality and long-lasting tires. Dow's
unique OBC resins not only offered new tire solutions that are crucial to the
industry and the users, it is also an environmentally friendly one."
The 2020 Ringier Plastics Technology Innovation Awards placed Dow in the
spotlight once again following their two prestigious wins from the 2019 event.
With other recent wins -- 2020 BIG Innovation Awards from the Business
Intelligence Group for DOWSIL TC-3015 Reworkable Thermal Gel and ECOFAST Pure
Sustainable Textile Treatment and 2019 R&D 100 Awards from R&D World Magazine
-- Dow continuously strives to bring new ideas to life.
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.
About Ringier Technology Innovation Awards
Inaugurated in 2006, the Ringier Technology Innovation Award for industrial
manufacturing is one of the most influential industrial awards in China. It is
held annually to recognize companies who have made significant contribution in
China in the plastics, metalworking, coating, food & beverage, personal care &
cosmetics industries. The purpose of the award is to encourage, acknowledge and
reward individuals and companies who have developed new ideas, methodologies,
products or technologies to improve the industries with greater energy saving
and cost reduction. The 2020 Ringier Awards featured a total of 10 categories
with various nominations across Asia Pacific.
SOURCE: Dow Packaging and Specialty Plastics
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