Dow launches new post-consumer recycled plastic resin in Asia Pacific

SHANGHAI,May 28,2020 -- Dow (NYSE: DOW) recently developed and commercialized a new formulated post-consumer recycled (PCR) plastic resin designed for collation shrink film applications in Asia Pacific.

The new resin is designed with 40 percent PCR content which creates a film with performance comparable to those made with virgin resins. The product,XUS 60921.01,is made with recycled plastics collected domestically within China through Dow's strategic recycling partners and is made at Dow's external manufacturing site in Nanjing,China.

"This new resin is helping to make a circular economy for plastics a reality,all without compromising on the performance that brand owners and consumers require," said Bambang Candra,Asia Pacific commercial vice president,Dow. "As a material science company,we have the responsibility to bring these products to market to prevent plastics from becoming waste in the environment."

The growing demand for e-commerce will require durable,efficient packaging that can protect products throughout their supply chains while producing minimal waste for consumers. Dow's new formulated PCR resin can provide brands and consumers with comparable performance to collation shrink film made with virgin resins to ensure products are delivered safely while also reducing the amount of plastic waste ending up in our environment.

The resin is designed to be used as 100 percent of the core layer of collation shrink applications and will enable the development of film with 13- 24 percent recycled content.

The new formulated PCR resin also reduces carbon dioxide and energy footprints helping converters,brand owners and retailers meet their sustainability goals,while also giving a new end-of-life to plastics that otherwise would have become waste.

"Developing new end markets for plastic waste will help incentivize collection and recycling,enabling more recycled products to be developed while reducing the amount of plastics entering our environment," said Suny Markose,Asia Pacific commercial recycling director for Dow.

The new offering is part of Dow's comprehensive strategy to develop a circular economy for plastics by focusing on integrating recycled content into product offerings.

To learn more about the product,visit www.dow.com/pcrshrinkfilm.

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.comor follow @DowNewsroomon Twitter.

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