Dow and Mura Expertise announce largest dedication of its variety to scale superior recycling of plastics

Dow and Mura Expertise announce largest dedication of its variety to scale superior recycling of plastics

  • Dow and Mura Expertise to construct a number of services within the U.S. and Europe, including as a lot as 600 kilotons of mixture superior recycling capability by 2030.
  • Enlargement of Mura’s pipeline builds on its first plant in Teesside, U.Ok., which is on observe to be totally operational in 2023.
  • By utilizing superior recycling as a complementary know-how to mechanical recycling, Dow is making important progress in direction of its sustainability, local weather and plastic waste discount targets.
  • Dow to turn into a key off-taker of round feed from Mura, supplying main manufacturers throughout the globe with sustainable merchandise and serving to to scale the elimination of plastic waste.
  • Dow’s assist of Mura Expertise offers vital assets for Mura to finance and ship on its multi-year pipeline of superior plastic recycling tasks.

HORGEN, Switzerland, July 21, 2022 /PRNewswire/ — Dow (NYSE: DOW), the world’s main supplies science firm, and Mura Expertise, the worldwide pioneer of a complicated plastic recycling answer, at present announce the subsequent step of their partnership to assist remedy the worldwide plastic waste problem with the intention to assemble a number of world-scale 120 kilotons (KT) superior recycling services within the U.S. and Europe – collectively including as a lot as 600 KT of annual capability.

Dow will play an vital position within the partnership as a key off-taker of the round feed that Mura produces. This round feed, derived from plastic waste at present destined for landfill or incineration, reduces reliance on fossil-based feedstocks and can allow Dow to provide a recycled plastic feedstock for the event of latest, virgin-grade plastics that are in excessive demand from world manufacturers. By working collectively, Dow and Mura will guarantee plastic has a viable strategy to be re-circulated into world provide chains, serving to to advance a round economic system for plastics and improve the worth of plastic waste. 

These deliberate capital investments by Mura, in addition to Dow’s off-take agreements, characterize each corporations’ largest dedication thus far to advance and scale world superior recycling capabilities.

“The strengthening of Dow and Mura’s partnership is one other instance of how Dow is working to construct momentum round breakthrough superior recycling applied sciences,” stated Marc van den Biggelaar, Superior Recycling Director for Dow. “By investing in new functions, Dow is working to fulfill the elevated demand for recycled materials from its prospects and make a significant influence on the availability chain, serving to to shut the loop on plastic waste. Dow is dedicated to accelerating a round economic system for plastics and our expanded partnership with Mura marks a major step on this journey. As a long-term companion, we’re excited concerning the potential of this course of to recycle plastics and assist remedy the plastic waste problem.”

“This partnership continues to create momentum for Dow as we transfer in direction of feedstock flexibility and diversification, which is crucial if we want to advance a round economic system for plastics,” stated Diego Donoso, President of Packaging & Specialty Plastics for Dow. “And a completely round enterprise mannequin for plastics will even allow decarbonization and assist us on the street to web zero.”

This marks an vital milestone within the speedy scaling of Mura’s revolutionary HydroPRS™ (Hydrothermal Plastic Recycling Answer) superior recycling course of, which can be utilized to recycle all types of plastic, together with versatile and multi-layer plastics, which have beforehand been deemed ‘unrecyclable’. As soon as deployed at scale, it has the potential to stop thousands and thousands of tons of plastic and carbon dioxide from getting into the surroundings yearly and create the components for a sustainable, round plastics economic system ─ a mission which Dow is collectively dedicated to and supporting with supplies science experience.

“The worldwide plastics problem is among the most urgent environmental points thus far – there’s merely no time to waste,” stated Dr. Steve Mahon, CEO of Mura Expertise. “Mura’s know-how is designed to champion a world round plastics economic system, and our partnership with Dow is a key enabler to bringing HydroPRSTM to each nook of the globe. This subsequent step in our partnership and the assets supplied by Dow will enable us to finance and dramatically improve recycling capability and allow round plastics to enter world provide chains at scale.”

The world’s first plant utilizing Mura’s HydroPRS™ course of, situated in Teesside, U.Ok., is predicted to be operational in 2023 with a 20 KT per yr manufacturing line set to provide Dow with a 100% recycled feedstock. The prolonged partnership is ready to significantly improve this provide, enjoying a major position in Dow and Mura’s deliberate world rollout of as a lot as 600 KT of superior recycling capability by 2030.

Dow’s in depth world attain will allow the scale-up of Mura’s know-how by means of a number of tasks within the U.S. and Europe. These plans embody potential co-location alternatives, which can present important integration advantages for Mura’s crops.

Complementary to the progress in superior recycling are Dow’s different tasks in mechanical recycling and the waste ecosystem introduced at present. 

  • An funding to construct the only largest single hybrid recycling web site in France, managed by Valoregen, that can safe a supply of post-consumer resins (PCR) for Dow.
  • A Letter of Intent with Nexus Round to create a round ecosystem in Dallas, Texas, for beforehand non-recycled plastic constructing on its earlier Hefty® EnergyBag® collaboration with Nexus and Reynolds Client Merchandise. 

Hydrothermal know-how presents the dimensions to resolve the plastic problem

Mura’s distinctive hydrothermal recycling course of, HydroPRS™, breaks down plastics utilizing water within the type of supercritical steam (water at elevated stress and temperature). The steam acts like molecular scissors, chopping longer-chain hydrocarbon bonds in plastics to provide the precious chemical compounds and oils from which the plastic was initially made – in as little as 25 minutes.

These oils – equal to the unique fossil merchandise – are then used to provide new, virgin-grade plastic with no restrict to the variety of occasions the identical materials will be processed, creating a real round economic system for plastic waste. Importantly, the merchandise could also be appropriate to be used in food-contact packaging, in contrast to typical recycling processes.

Mura’s progressive course of can recycle all types of plastic waste together with these thought-about ‘unrecyclable’, resembling movies, pots, tubs and trays, that may at present solely be incinerated or despatched to landfill. The method is designed to work alongside typical recycling and wider initiatives to scale back and reuse plastic resembling mechanical recycling (the place plastic waste is shredded and re-formed into totally different plastic merchandise) which stays essential to Dow’s recycling technique.

Utilizing supercritical steam means the know-how can also be inherently scalable. Not like different strategies, which warmth waste from the skin, the steam imparts power from the within, offering an environment friendly conversion of plastic waste; a course of which will be maintained no matter scale.

Dow joins different main world gamers resembling KBR Inc., the U.S. multinational engineering providers firm, Wooden, the worldwide consulting and engineering firm, and others, as companions to speed up the deployment of Mura’s know-how worldwide. The know-how can also be backed by environmental group, Ocean Technology, which is campaigning to deal with the plastic waste problem.

About Dow

Dow (NYSE: DOW) combines world breadth; asset integration and scale; targeted innovation and supplies science experience; main enterprise positions; and environmental, social and governance (ESG) management to realize worthwhile development and ship a sustainable future. The Firm’s ambition is to turn into essentially the most progressive, buyer centric, inclusive and sustainable supplies science firm on the earth. Dow’s portfolio of plastics, industrial intermediates, coatings and silicones companies delivers a broad vary of differentiated, science-based merchandise and options for its prospects in high-growth market segments, resembling packaging, infrastructure, mobility and shopper functions. Dow operates 104 manufacturing websites in 31 international locations and employs roughly 35,700 folks. Dow delivered gross sales of roughly $55 billion in 2021. References to Dow or the Firm imply Dow Inc. and its subsidiaries. For extra info, please go to www.dow.com or observe @DowNewsroom on Twitter.

For additional info, please contact:

Judith Hicks (Dow)
[email protected]
+41 44 728 2319

About Mura Expertise

Mura Expertise’s mission is to eradicate world plastic air pollution and create sustainable societies.

We’re pioneering a globally scalable know-how to stop thousands and thousands of tonnes of plastic and CO2 from getting into our pure surroundings yearly and turning an $80bn misplaced useful resource of plastic waste right into a worthwhile world commodity. Our know-how can recycle all plastic waste, and produces the components for model new merchandise, lowering the necessity for brand new and fossil-fuel derived plastics.

We’re partnering with the largest world manufacturers to scale worldwide and feed a sustainable plastics economic system within the subsequent decade. Our plan is to have capability for 1,000,000 tonnes of plastic recycling in operation or growth by 2025.

The corporate relies in London, UK. Go to http://www.muratechnology.com/

For additional info, please contact:

Cautionary Assertion about Ahead-Wanting Statements

Sure statements on this report are “forward-looking statements” inside the which means of the federal securities legal guidelines, together with Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Alternate Act of 1934, as amended. Such statements usually deal with anticipated future enterprise and monetary efficiency, monetary situation, and different issues, and infrequently comprise phrases or phrases resembling “anticipate,” “imagine,” “estimate,” “count on,” “intend,” “could,” “alternative,” “outlook,” “plan,” “mission,” “search,” “ought to,” “technique,” “goal,” “will,” “will probably be,” “will proceed,” “will seemingly consequence,” “would” and related expressions, and variations or negatives of those phrases or phrases.

Ahead-looking statements are primarily based on present assumptions and expectations of future occasions which are topic to dangers, uncertainties and different elements which are past Dow’s management, which can trigger precise outcomes to vary materially from these projected, anticipated or implied within the forward-looking statements and communicate solely as of the date the statements have been made. These elements embody, however aren’t restricted to: gross sales of Dow’s merchandise; Dow’s bills, future revenues and profitability; the persevering with world and regional financial impacts of the coronavirus illness 2019 (“COVID-19”) pandemic and different public health-related dangers and occasions on Dow’s enterprise; any sanction, export restrictions, provide chain disruptions or elevated financial uncertainty associated to the continued battle between Russia and Ukraine; capital necessities and want for and availability of financing; surprising obstacles within the growth of know-how, together with with respect to Dow’s contemplated capital and working tasks; Dow’s means to comprehend its dedication to carbon neutrality on the contemplated timeframe; measurement of the markets for Dow’s services and talent to compete in such markets; failure to develop and market new merchandise and optimally handle product life cycles; the speed and diploma of market acceptance of Dow’s merchandise; important litigation and environmental issues and associated contingencies and surprising bills; the success of competing applied sciences which are or could turn into out there; the power to guard Dow’s mental property in america and overseas; developments associated to contemplated restructuring actions and proposed divestitures or acquisitions resembling workforce discount, manufacturing facility and/or asset closure and associated exit and disposal actions, and the advantages and prices related to every of the foregoing; fluctuations in power and uncooked materials costs; administration of course of security and product stewardship; adjustments in relationships with Dow’s important prospects and suppliers; adjustments in shopper preferences and demand; adjustments in legal guidelines and laws, political circumstances or business growth; world financial and capital markets circumstances, resembling inflation, market uncertainty, curiosity and foreign money change charges, and fairness and commodity costs; enterprise or provide disruptions; safety threats, resembling acts of sabotage, terrorism or conflict together with the continued battle between Russia and Ukraine; climate occasions and pure disasters; disruptions in Dow’s info know-how networks and methods; and dangers associated to Dow’s separation from DowDuPont Inc. resembling Dow’s obligation to indemnify DuPont de Nemours, Inc. and/or Corteva, Inc. for sure liabilities.

The place, in any forward-looking assertion, an expectation or perception as to future outcomes or occasions is expressed, such expectation or perception relies on the present plans and expectations of administration and expressed in good religion and believed to have an inexpensive foundation, however there will be no assurance that the expectation or perception will consequence or be achieved or achieved. An in depth dialogue of principal dangers and uncertainties which can trigger precise outcomes and occasions to vary materially from such forward-looking statements is included within the part titled “Danger Components” contained within the Firm’s Annual Report on Type 10-Ok for the yr ended December 31, 2021 and the Firm’s Quarterly Report on Type 10-Q for the quarter ended June 30, 2022. These aren’t the one dangers and uncertainties that Dow faces. There could also be different dangers and uncertainties that Dow is unable to establish presently or that Dow doesn’t at present count on to have a fabric influence on its enterprise. If any of these dangers or uncertainties develops into an precise occasion, it may have a fabric antagonistic impact on Dow’s enterprise. Dow and TDCC assume no obligation to replace or revise publicly any forward-looking statements whether or not due to new info, future occasions, or in any other case, besides as required by securities and different relevant legal guidelines.

®TM Trademark of The Dow Chemical Firm (“Dow”) or an affiliated firm of Dow 

SOURCE The Dow Chemical Firm

Dow and Mura Expertise announce largest dedication of its variety to scale superior recycling of plastics

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