Dow named to FORTUNE’s 2019 “Change the World” list
August 19 2019 - 9:00AM
Business Wire
Dow recognized for its efforts to reduce plastic waste while
improving roads
Dow has been included on FORTUNE’s 2019 "Change the World" list,
a ranking of 52 companies that have made an important social or
environmental impact through their profit-making strategy and
operations. Listed as number 26 in the ranking, Dow is recognized
for its program to pilot the use of recycled plastics in roads as
part of the company’s long-standing commitment to reduce plastic
waste and drive sustainability solutions.
“Dow is honored to be recognized by FORTUNE for advancing new
applications and markets for recycled plastics,” said Dow CEO Jim
Fitterling. “By developing solutions such as this, we are
demonstrating that plastics, from design to disposal, have
tremendous value and can continue to benefit people and society in
new ways.”
Dow has collaborated with the value chain to build nearly 100 km
of asphalt roads containing recycled plastic across Asia, Europe,
North America and Latin America. The projects, some of which are
enabled by Dow’s ELVALOY™ RET asphalt modification technology, have
diverted nearly 200 metric tons of plastic, equivalent to 50
million flexible pouches, from becoming litter or entering a
landfill. The roads that are polymer-modified are often more
resistant to corrosion from weather or vehicles than neat asphalt
and can therefore reduce the number of dangerous potholes or
traffic jams.
Dow believes that plastic waste has value and can be transformed
into new products and energy. In addition to plastic roads, Dow is
working with key partners in South America to use recycled plastics
to develop construction materials for schools in Colombia. Dow is
also at the forefront of developing and scaling chemical recycling
technology to take recycled plastic waste back to feedstock for the
creation of new products. By reimagining new ways to reuse, recycle
and repurpose plastic waste, Dow and its partners are leading the
way in the development of innovative circular economy
solutions.
FORTUNE’s “Change the World” list ranks companies using factors
including measurable social impact, business results, degree of
innovation and corporate integration.
For additional information on Dow’s work to keep plastic waste
out of the environment, please visit
https://dont-waste.dow.com/en-us
About Dow
Dow (NYSE: DOW) combines one of the broadest technology sets in
the industry with asset integration, focused innovation and global
scale to achieve profitable growth and become the most innovative,
customer centric, inclusive and sustainable materials science
company. Dow’s portfolio of performance materials, industrial
intermediates and plastics businesses delivers a broad range of
differentiated science-based products and solutions for our
customers in high-growth segments, such as packaging,
infrastructure and consumer care. Dow operates 113 manufacturing
sites in 31 countries and employs approximately 37,000 people. Dow
delivered pro forma sales of approximately $50 billion in 2018.
References to Dow or the Company mean Dow Inc. and its
subsidiaries. For more information, please visit www.dow.com or
follow @DowNewsroom on Twitter.
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Ashley Mendoza +1 225 353 1806 aemendoza@dow.com
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