ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Creating China's First “Milk Bottle Road”

By: 3BL Media

SOURCE: DOW

DESCRIPTION:

Dow has teamed with dairy brand Shiny Meadow to construct China’s first road made with recycled plastic milk bottles. The project gives hard-to-recycle plastic a second life and helps keep plastic waste out of the oceans, landfills, streets and rivers.

The “Milk Bottle Road” used more than 6,000 used milk bottles and other plastic waste and is located at the East China University of Science and Technology (ECUST) Xuhui campus. Although milk bottles are easily recycled, recyclers often reject milk bottles due to the high contamination rate caused by milk residue.

The collaboration is aligned with Dow’s sustainability commitment to stop the waste by enabling 1 million tons of plastic to be collected, reused or recycled through its direct actions and partnerships by 2030. Research has found that China is the top source for plastic waste, with an estimated 3.53 million metric tons of it ending up in the ocean annually. To help stem the tide of plastic waste, Dow is working with governments, brand owners and non-profits across Asia to find new sources for hard-to-recycle plastics – including plastic roads.

“This project shows the creative solutions we can come up with when we collaborate with partners to create a sustainable system to advance a circular economy,” said Bambang Candra, Asia Pacific commercial vice president, Dow Packaging & Specialty Plastics.
 
On the road to waste recovery

The polymer-modified asphalt (PMA) road was enabled by Dow’s ELVALOY™ RET asphalt modification technology. In addition to ensuring hard-to-recycle plastics don’t go into the environment, PMA roads have a number of benefits – including lower carbon emissions and a longer life. That’s because the reduction in the use of bitumen makes the roads more durable and lowers energy consumption during construction, which in turn, reduces greenhouse gas discharged.

Demand for this technology is growing throughout the Asia-Pacific region, where plastic roads have already been constructed in India, Thailand, Philippines and Vietnam. In India, Dow worked with government officials and waste collectors in Bangalore and Pune to bring together the people and materials needed for 40 kilometers of roads – diverting 100 metric tons of waste from landfills. That’s equivalent to 25 million flexible pouches.

“Hard-to-recycle plastic are often discarded in landfills and waterways without consideration for its value in other applications,” Candra said. “Using our materials science expertise, we’re looking for innovative ways to help bring a new purpose to waste bottles and empower brand owners and other in the value chain to reduce plastic waste.”

Learn more about the Milk Bottle Road project

Tweet me: .@DowNewsroom teams with dairy brand Shiny Meadow to construct China’s first road made with recycled plastic milk bottles, giving hard-to-recycle plastic a second life and helping keep plastic waste out of the oceans, landfills, streets and rivers: https://bit.ly/3sYtoZ3

KEYWORDS: NYSE: DOW, Dow, Shiny Meadow

Recent Quotes

View More
Symbol Price Change (%)
AMZN  247.38
+1.09 (0.44%)
AAPL  259.37
+0.33 (0.13%)
AMD  203.17
-1.51 (-0.74%)
BAC  55.85
-0.33 (-0.59%)
GOOG  329.14
+3.13 (0.96%)
META  653.06
+7.00 (1.08%)
MSFT  479.28
+1.17 (0.24%)
NVDA  184.86
-0.18 (-0.10%)
ORCL  198.52
+9.37 (4.95%)
TSLA  445.01
+9.21 (2.11%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.