Le Lézard
Classified in: Environment, Business
Subject: LIC

Dow joins Cyclyx as consortium's newest member


PORTSMOUTH, N.H., Jan. 20, 2022 /PRNewswire/ -- ?Cyclyx International, a consortium-based plastic feedstock management company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced that Dow (NYSE: DOW) has joined the Cyclyx consortium.

As a leading materials science company, Dow is at the forefront in driving the transformational change that is needed to tackle the existential threats of climate change and environmental degradation.

Dow's membership in Cyclyx will give it access to participate in customized takeback programs and innovations including plastic waste-based circular feedstock specifications tailored to its specific product pathways ? which will help Dow to advance its sustainability and circularity goals.

Mary-Jane Hogg, global director of waste strategy for Dow, will serve on the executive advisory board of Cyclyx.

"Cyclyx's unique approach to significantly increase plastic recycling rates supports Dow's commitment to boost plastic circularity and keep plastic out of the environment," said Hogg.

Cyclyx redirects more difficult to recycle plastic into recycling by tapping into extensive data on the chemical composition of post-use plastics and using AI and predictive analytics to put it to use.

"Our work with Cyclyx supports Dow's collaboration on leading technologies to enable a sustainable future with resource-efficient production of certified circular plastics ? to preserve the environmental benefits of plastics, including the critical role plastics play in reducing carbon emissions," said Hogg.

Dow's sustainability journey began more than 30 years ago, and today the company is delivering against its 2025 Sustainability Goals, its third generation of 10-year goals, developed in alignment with the United Nations Sustainable Development Goals, and also recently announced additional targets directed specifically at addressing climate change and plastic waste.

"We're excited to welcome Dow to Cyclyx and Mary-Jane to the executive advisory board," stated

Joe Vaillancourt

, CEO of Cyclyx. "Dow has been very progressive in its commitment to environmental sustainability. Dow's targets on eliminating plastic waste in the environment align well with Cyclyx's mission to increase the recycling rate of plastics from 10% to 90%."

Contacts
Kate Ringier
VP, Communications & Government Affairs
+ 41 43 883 0396
[email protected]

Eileen Zeng
[email protected]

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/cyclyx-international/r/dow-joins-cyclyx-as-consortium-s-newest-member,c3489019

The following files are available for download:

https://news.cision.com/cyclyx-international/i/cyclyx-plastic-waste-feedstock-3,c3001656

Cyclyx-Plastic-Waste-Feedstock-3

SOURCE Cyclyx International


These press releases may also interest you

at 07:07
IdenergyTM, a Montreal-based power electronics company specializing in advanced inverters, will unveil its groundbreaking distributed low-voltage STATCOM voltage stabilizer ("IDE?STATCOMTM"), at the Distributech trade show, Hall C | Booth: 1015, May...

20 mai 2022
KONE, a global leader in the elevator and escalator industry, bagged the 'Business Leadership in Sustainability ? Innovation' award, at the prestigious Singapore Green Building Council (SGBC)'s award ceremony yesterday. In celebrating this accolade,...

20 mai 2022
ING Americas (ING) has been engaged by Clean Energy Holdings, LLC (CEH) as its financial advisor in respect of the financing of projects by the Renewable Energy and Technology Alliance (The Alliance) being assembled by CEH. ING brings multiple areas...

20 mai 2022
RPD Energy and Scoville Risk Partners are pleased to announce they have formed a strategic partnership, leveraging RPD Energy's innovative renewable energy solutions with Scoville Risk Partners' robust, strategy-led energy advisory and analytics...

20 mai 2022
Control room operators at Entergy's Palisades Power Plant safely removed the nuclear reactor from service for the final time on May 20. The plant was originally scheduled to permanently shut down on May 31, but after careful monitoring, operators...

20 mai 2022
The White House announced today the first round of funding for electric school buses (ESBs) as part of the bipartisan Infrastructure Investment and Jobs Act.  $500 million will be available to help school districts purchase vehicles and install...



News published on 20 january 2022 at 09:08 and distributed by: