Dow Announces Bio-Based NORDEL(TM) REN EPDM
Rhea-AI Summary
Dow (NYSE:DOW) has launched NORDEL™ REN EPDM, a bio-based version of its EPDM rubber material used in automotive, infrastructure, and consumer applications. This new product aims to support industries in lowering their Scope 3 emissions and achieving sustainability goals. Key features include:
- Made from bio residues from other industries, avoiding competition with food resources
- Produced through an ISCC PLUS certified mass balance system
- Offers identical performance to virgin material without requalification
- Part of Dow's commitment to deliver 3 million metric tons of circular and renewable solutions by 2030
The production process uses 24% less energy and has a 39% lower carbon footprint compared to conventional methods, as validated by a third-party life cycle analysis.
AI-generated analysis. Not financial advice.
Positive
- Launch of bio-based NORDEL™ REN EPDM to support customers' decarbonization efforts
- Product offers identical performance to virgin material, requiring no requalification
- Production process uses 24% less energy and has 39% lower carbon footprint than conventional methods
- Contributes to Dow's goal of delivering 3 million metric tons of circular and renewable solutions by 2030
Negative
- None.
News Market Reaction – DOW
On the day this news was published, DOW declined 0.64%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Recent addition to Dow's growing portfolio of sustainable materials aims to help automotive, infrastructure and consumer industries lower their Scope 3 emissions
WIESBADEN, GERMANY / ACCESSWIRE / July 23, 2024 / Dow (NYSE:DOW) recently announced the launch of NORDEL™ REN Ethylene Propylene Diene Terpolymers (EPDM), a bio-based version of Dow's EPDM rubber material that goes into automotive, infrastructure and consumer applications.
A key component of automotive weatherseals and hoses, Dow aims to support not just the automotive industry in achieving its sustainability goals with the launch of NORDEL™ REN EPDM, but as EPDM also goes into building profiles, roofing membranes, wire and cable, among others, NORDEL™ REN EPDM can help the decarbonization of building and construction and more.
"At Dow, we recognize the necessity to support our customers in their decarbonization journeys, as we drive towards our own carbon neutrality," said Zshelyz Lee, Global Automotive Plastics Circularity Team Leader. "With our commitment to deliver 3 million metric tons per year of circular and renewable solutions by 2030, we are proud to bring NORDEL™ REN EPDM as the newest offering to help our customers achieve their ambitious sustainability goals and create a better tomorrow."
By using bio residues from other industries as raw material, NORDEL™ REN EPDM can further support Dow customers in the rubber industry to offer their own customers a lower-carbon product. As only waste residues or by-products from an alternative production process are utilized, these raw feedstock materials will not consume extra land resources nor compete with the food chain.
The plant-based EPDM will be made through an ISCC PLUS certified mass balance system which traces the flow of bio-based raw material through a complex value chain and attributes it through verifiable bookkeeping. Crucially, the resulting product offers identical performance to virgin material with no requalification required, helping customers accelerate their transition to more sustainable options without the need for additional time or carbon emissions from the construction and maintenance of a new parallel production stream.
Dow's Path to Zero
The arrival of NORDEL™ REN EPDM is part of Dow's continuous endeavors towards carbon neutrality. The technology behind NORDEL™ EPDM production, Dow's Advanced Molecular Catalyst, already results in a highly efficient process that uses
Aside from extending its range of innovative low-carbon options to help customers reduce their Scope 3 emissions, the company is also accelerating investments in renewables and transformative next-generation technologies to reduce its own Scope 1, 2, and 3 emissions, achieve net zero and protect the planet.
About Dow
Dow (NYSE:DOW) is one of the world's leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 31 countries and employ approximately 35,900 people. Dow delivered sales of approximately
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For further information, please contact:
Patrick Kennedy (Porter Novelli)
+32.49.97.303.96
patrick.kennedy@porternovelli.be
View additional multimedia and more ESG storytelling from DOW on 3blmedia.com.
Contact Info:
Spokesperson: DOW
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Email: info@3blmedia.com
SOURCE: DOW
View the original press release on accesswire.com