Dow Acquires Circulus – Google

Circulus transforms olefin plastics into resins for a varied choices. The Dow Chemical Co.

Dow has signed an agreement to compose Circulus, a number one recycler of plastic spoil into put up-user resin (PCR).

The transaction contains two facilities, one in Ardmore, OK, and one other in Arab, AL, with a total capacity of 50,000 metric plenty per yr.

“This acquisition will allow Dow to mix our firm’s change leading materials science technology with Circulus’ film recycling journey to velocity up progress in direction of our 2030 Transform the Demolish unbiased,” said Karen S. Carter, president, Packaging & Area of abilities Plastics at Dow. “This also can magnify how we rob half within the change, permitting us to generate price for our clients by straight producing more increased performing round products that manufacturers and buyers are worrying.”

Dow’s journey in materials science and high-performance resins combined with Circulus’ mechanical film recycling functionality will allow Dow to pork up its offerings in choices, similar to collation shrink packaging, stretch film, liners and opt food packaging, to a worthy wider differ of choices within the industrial, user, and transportation markets.

This transaction helps Dow’s efforts, launched earlier, to develop into plastic spoil and pretty a couple of forms of change feedstocks into 3 million metric many of round and renewable alternate choices yearly by 2030. To develop this, Dow is building industrial ecosystems to possess, reuse or recycle spoil and magnify its portfolio to meet snappy growing question.

The transaction is anticipated to finish within the third quarter of 2024.

Concerning the Creator(s)