In Michigan, major chemical producer Dow has committed to “accelerating the circular ecosystem” by transforming waste and alternative feedstock to deliver 3 million metric tons per year of circular and renewable solutions by 2030.
Plans include expanding efforts to “stop the waste” by building industrial ecosystems to collect, reuse or recycle waste and expand its portfolio to meet rapidly growing demand. The 3 million metric tons per year target replaces an earlier target of 1 million metric tons.
“Today’s announcement demonstrates our strong commitment to increase our use of feedstocks from recycled and renewable sources,” said Diego Donoso, president of Dow Packaging & Specialty Plastics. “The creation of the Circular & Renewable Solutions business platform will accelerate our ability to deliver on these enhanced commitments and advance our circular plastics business model.”