Dow has signed a memorandum of understanding (MoU) with Chinese food and beverage firm Want-Want for zero-solvent emissions and to develop a circular economy for flexible packaging, said the company.
The agreement intends to strengthen value-chain partner cooperation with customised adhesives solutions to meet the demands of the industry for more eco-friendly packaging options. With Dow’s water-based and solventless adhesives technologies, Want-Want will shift to more sustainable laminating adhesives for all of its flexible packaging.
The food and beverage firm is also exploring opportunities to adopt recyclable packaging across more products in its portfolio. Dow Packaging & Specialty Plastics global adhesives business director Jayne Wong said: “Adhesives is an important sector that can help reduce emissions and enable a circular economy.
“Not only are we advancing sustainable packaging on a larger scale, but we are also exploring benefits such as efficiency optimization and energy savings, supporting customers in reducing carbon footprint during production and transportation processes."
Want-Want Group operations general manager Yongmei Cao said: “In order to tackle climate change and create long-term value, we have an important part to play as one of China’s largest food and beverage companies to establish an environmentally-friendly value chain – that inspires and encourages our consumers to make positive changes for the planet. “Solving sustainability challenges is not a one-man nor a one-organization job, but also falls on the shoulders of all stakeholders."
Cao added: “Not only are we thrilled to advance further in this journey with Dow, but we are also encouraged by the reality that we can offer our customers’ favourite products that are enveloped by Dow’s sustainable packaging innovation." The MoU supports Want-sustainability Want’s ambitions to reach carbon neutrality and use recyclable packaging for all goods, as well as Dow’s environmental goals to achieve carbon neutrality by 2050.
As per MRC, Dow announced that its carbon partnership with the International Olympic Committee (IOC) has delivered on the goal of two mln tons of third-party verified CO2e emission reductions by end of year 2021, five years ahead of the original 2026 goal year. Dow was named the official carbon partner of the IOC in 2017 and has since developed a portfolio of global carbon mitigation projects based on Dow’s technology for the built environment, packaging and industrial processes, combined with carbon offsets from high quality external projects. The objective was to balance the IOC’s direct and indirect carbon emissions during the period of 2017-2020, while generating long-term carbon savings in different industry sectors well beyond that period. Altogether, the collaboration’s resulting emissions are expected to leave a positive climate legacy.
mrchub.com