SHANGHAI, Nov. 12,
2024 /CNW/ -- Dow (NYSE: DOW), a leading global
materials science company, and Guangdong Delian Group Co., Ltd.
(Delian Group) signed a memorandum of understanding (MoU) at the
7th China International Import Expo. The two companies will
collaborate to expand the application of post-consumer recycled
(PCR) resins in the automotive market, supporting the industry's
shift toward circularity.
Delian Group has successfully incorporated Dow's REVOLOOP™
Recycled Plastics Resins into the packaging of auto care
products. This innovative solution not only reduces packaging's
carbon footprint by greatly decreasing reliance on virgin resins,
but also marks the first commercial application of Dow's REVOLOOP™
Recycled Plastics Resins in the auto care market.
Bambang Candra, Asia Pacific commercial vice president of Dow
Packaging and Specialty Plastics said, "As global climate change intensifies and
resources become scarcer, the sustainability of the automotive
market is increasingly critical. Embracing sustainable materials
can mitigate these issues, offering consumers more environmentally
responsible options while promoting a circular economy in
automotive services. Dow is dedicated to developing innovative
solutions for a circular economy and enhancing our REVOLOOP™
Recycled Plastics Resins portfolio to meet customers'
sustainability needs. We are honored to collaborate with Delian
Group to advance the commercial application of REVOLOOP™ in the
automotive sector."
"We have been adhering to the business philosophy of energy
conservation, emission reduction and a low-carbon environment',"
said Xu Tuanhua, Chairman of Delian Group. "The strategic
partnership with Dow marks significant progress toward a circular
economy, further distinguishing Delian Group from competitors in
the automotive market and helping us meet the growing global demand
for sustainable products."
The signing of this memorandum of understanding marks a pivotal
step in Dow's commitment to "Transform the Waste" initiative. This
collaboration aims not only to enhance the packaging application of
post-consumer recycled resins in the automotive market but also to
drive innovation that will redefine waste as a valuable resource.
By working together, Dow and Delian Group will focus on developing
sustainable solutions that contribute to a circular economy, where
materials are reused and repurposed, minimizing environmental
impact and supporting long-term resource sustainability.
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 MobilityScience™
Drawing on over a century of transportation experience and
expertise in application development, Dow
MobilityScience™ pioneers innovative solutions that drive
global progress. With a diverse portfolio of materials science
solutions and world-class technical capabilities, Dow is dedicated
to shaping the future of mobility. From addressing challenges like
decarbonization to enhancing EV performance, Dow remains at the
forefront of advancing mobility solutions. For further details,
please visit the MobilityScience™ website.
About Dow
Dow (NYSE: DOW) is one of the world's leading materials science
companies, serving customers in high-growth markets such as
packaging, infrastructure, mobility and consumer
applications. Our global breadth, asset integration and scale,
focused innovation, leading business positions and commitment to
sustainability enable us to achieve profitable growth and help
deliver a sustainable future. We operate manufacturing sites in
31 countries and employ approximately 35,900 people.
Dow delivered sales of approximately $45 billion in 2023.
References to Dow or the Company mean Dow Inc. and its
subsidiaries. Learn more about us and our ambition to be the most
innovative, customer-centric, inclusive and sustainable materials
science company in the world by visiting www.dow.com.
About Delian Group
Delian Group was founded in 1984 with the headquarters in
Foshan, Guangdong province. The
major businesses include automobile fine chemicals, automobile
sales service and automobile repair and maintenance. Delian Group
was listed in Shenzhen stock
exchange on March 27, 2012 with the
stock name of Delian Group and stock code of 002666.
Delian Group possesses 19 subsidiaries, including 4 large scale
production bases that respectively located in Changchun, Shanghai, Foshan and Chengdu, making Delian become a large-scale
group company that integrates production, research and development,
sales, trading and logistics as a whole.
In April, 2015 Shanghai Delian AutoCare Network Development Co.,
Ltd. was established, which marked Delian Group officially entered
the Chinese auto aftermarket!
Delian Group implements the policy of "quality first, service
foremost", takes "energy conservation and emission reduction as
well as low carbon environment" as management idea, and realizes
efficient integration of technological development, distribution
channel and management system, aiming to be a national leading
brand in automobile fine chemicals and to offer high-quality
service to the whole auto industry chain.
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SOURCE Dow Packaging and Specialty Plastics