Dow collaboration extends life of reusable plastic pallets 150% - reducing carbon footprint and materials consumption
PR88788
SHANGHAI, March 31, 2021 /PRNewswire=KYODO JBN/ --
AFFINITY(TM) polyolefin elastomer improves the performance, sustainability of
plastic pallets
Dow (NYSE: Dow) today announced that Yelopack, a technology-based supply chain
comprehensive management company, has adopted AFFINITY(TM) polyolefin elastomer
(POE) in its existing plastic pallets, which will increase the life span of its
pallets by five years -- more than doubling their current life span. Improving
the reusability of plastic pallets is in line with Dow's new sustainability
target(
of enabling 1 million metric tons of plastic to be collected, reused or
recycled through its direct actions and partnerships.
Prior to this collaboration, one plastics pallet could be reused about 20 times
before its end-of-life but by adding Dow's AFFINITY(TM) POE, the pallet can be
reused approximately 50 times at peak condition, even during harsh weather
conditions such as winter where temperatures can fall below minus 30-degree
Celsius.
In this tripartite collaboration between Dow, brand owner - Yelopack, and
pallet producer - Shangnan Pallet Sharing, Dow's materials science and
technology expertise was leveraged to enhance the durability of Yelopack's
current polypropylene (PP) pallets, more than doubling the number of times
their new pallets can be reused. This advances the sustainability goals of
Yelopack and their customers, while posing cost savings since the pallets will
be replaced at a reduced frequency.
"Improving the recyclability and reusability of existing products is an
important part of ensuring the sustainability of plastics, which we proudly
support through research and development, and collaboration," said Bambang
Candra, Asia Pacific commercial vice president of Dow Packaging and Specialty
Plastics. "Partnering with Yelopack to extend the lifecycle of pallets supports
our goal of promoting a circular economy for plastics."
Pallets play a critical role in logistics for productivity and products' safety
reasons; there are millions of pallets in circulation around the world every
day. While wooden pallets are more commonly used, plastic pallets are more
durable, lighter and safer. Yelopack has developed the new generation of
plastic pallet embedded with Radio Frequency Identification (RIFD) and Narrow
Band Internet of Things (NB-IoT) chips, enabling the pallets being easily
identified and traced and hence re-collected and reused.
"At Yelopack, our purpose is to advance the circularity of plastic pallets. We
are continuously finding ways to ensure that our pallets are the most
sustainable in the world, which is why this collaboration with Dow is
significant, because our pallets can now remain in the supply chain longer,"
said Mr. Xiang Shi, Founder and CEO of Yelopack. "The durability of our pallets
greatly reduces carbon footprint, and as a result, 98% less material
consumption compared to traditional pallet. Daily, over 400,000 pallets are
being circulated across industries from fast moving consumer goods (FMCG) to
petrochemicals, and the number is still growing. We are confident that
circularity can be achieved."
"As a pallet manufacturer, designing a highly durable plastics pallet that can
be reused for five years is not easy," said Ms. Yemin Sun, CEO of Shangnan
Pallet Sharing, "With Dow's advanced material science technology, we are able
to improve the performance of our pallets to meet stringent operation
requirements, especially in difficult environments, throughout its extended
service life. The shared pallets are currently used in many world leading
companies including Dow. With the increased number of pallet circulation, we
hope to help our customers and the industry reduce their carbon footprint in
the long run."
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, with a purpose to deliver
a sustainable future for the world through our materials science expertise and
collaboration with our partners. 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, mobility and
consumer care. Dow operates 106 manufacturing sites in 31 countries and employs
approximately 35,700 people. Dow delivered sales of approximately $39 billion
in 2020. References to Dow or the Company mean Dow Inc. and its subsidiaries.
For more information, please visit www.dow.com or follow
@DowNewsroom(https://twitter.com/DowNewsroom) on Twitter.
About Yelopack
Yelo is committed to provide our industrial customers with smart logistic
solution based on shared pallet and package service. Established by August of
2018, our portfolio has extended from Yeloflex logistic service platform to
Yelo Shared Pallet, Yelo Shared Container, and Yelo supply chain service, etc.
Embedded with RIFD and NB-IoT technology, together with the proprietary
arithmetic, Yelo provides a total solution to digitalize customers' supply
chain to achieve lower cost and better user experience. All the package
products Yelo provided are 100% recyclable, which is appreciated by our
customers looking for a low carbon option. Yelo's operations are in many
countries including China, Russia, Korea, Japan, Singapore and Malaysia, and
can offer our customers with shared pallet and package service within Asia
Pacific region. With the vision of "Click to Global Business", we aim to build
up a global network of smart logistic packaging service to better serve our
customers with enhanced supply chain productivity.
About Shangnan Pallet Sharing
As a logistic packaging manufacturer, Shangnan Pallet Sharing (SPS) developed a
series of new packaging format, including shared pallet, flexible industrial
bulk container (IBC), form-fill-seal (FFS) film and stretch hood film, etc. To
meet the customers' need on plastic circularity, SPS also invested recycled
plastic facility to convert waste plastic package into high quality
post-consumer recyclable (PCR) and reuse in applications like plastic pallet.
SPS owns manufacturing sites in Shanghai, Taixing (Jiangsu), Sanmeng
(Zhejiang), Zhanjiang (Guangdong), etc., with a capacity over 1.5 million
pallets per year.
SOURCE: Dow Packaging and Specialty Plastics
本プレスリリースは発表元が入力した原稿をそのまま掲載しております。また、プレスリリースへのお問い合わせは発表元に直接お願いいたします。
このプレスリリースには、報道機関向けの情報があります。
プレス会員登録を行うと、広報担当者の連絡先や、イベント・記者会見の情報など、報道機関だけに公開する情報が閲覧できるようになります。