STOCK TITAN

Dow Introduces Its First Bio-Circular Attributed Product for Carpet Tile Backing

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Dow (NYSE:DOW) has introduced its first bio-circular product for the flooring industry, expanding the ENGAGE™ REN Polyolefin Elastomers (POE) product portfolio. This innovation will be used in carpet tile backing, providing dimensional stability and adhesion support for fibers. The new product offers the same high performance as other ENGAGE™ POEs while helping customers meet sustainability goals.

The bio-circular product utilizes alternative feedstocks from biological residues and responsibly sourced waste, such as used cooking oil. It's ISCC PLUS-certified under a mass balance approach, allowing customers to account for these materials in their supply chains. This initiative aligns with Dow's 'Transform the Waste' target, aiming to commercialize 3 million metric tons of circular and renewable solutions by 2030.

Dow (NYSE:DOW) ha introdotto il suo primo prodotto bio-circolare per l'industria delle pavimentazioni, ampliando il portafoglio di prodotti ENGAGE™ REN Polyolefin Elastomers (POE). Questa innovazione verrà utilizzata nel fondo dei piastrelle di moquette, fornendo stabilità dimensionale e supporto all'adesione per le fibre. Il nuovo prodotto offre le stesse alte prestazioni degli altri POE ENGAGE™ aiutando al contempo i clienti a raggiungere obiettivi di sostenibilità.

Il prodotto bio-circolare utilizza materie prime alternative provenienti da residui biologici e rifiuti reperiti in modo responsabile, come ad esempio l'olio da cucina usato. È certificato ISCC PLUS secondo un approccio di bilancio di massa, permettendo ai clienti di contabilizzare questi materiali nelle loro catene di approvvigionamento. Questa iniziativa è in linea con l'obiettivo di Dow 'Trasformare i Rifiuti', che mira a commercializzare 3 milioni di tonnellate metriche di soluzioni circolari e rinnovabili entro il 2030.

Dow (NYSE:DOW) ha presentado su primer producto bio-circular para la industria de pisos, ampliando la cartera de productos ENGAGE™ REN Elastómeros de Poliolefina (POE). Esta innovación se utilizará en el respaldo de baldosas de alfombra, proporcionando estabilidad dimensional y soporte de adhesión para las fibras. El nuevo producto ofrece el mismo alto rendimiento que otros POE de ENGAGE™ mientras ayuda a los clientes a alcanzar sus objetivos de sostenibilidad.

El producto bio-circular utiliza materias primas alternativas derivadas de residuos biológicos y desechos de origen responsable, como aceite de cocina usado. Está certificado ISCC PLUS bajo un enfoque de balance de masas, permitiendo a los clientes contabilizar estos materiales en sus cadenas de suministro. Esta iniciativa se alinea con el objetivo de Dow 'Transformar los Desechos', que busca comercializar 3 millones de toneladas métricas de soluciones circulares y renovables para 2030.

Dow (NYSE:DOW)는 바닥재 산업을 위해 첫 번째 바이오 순환 제품을 도입하여 ENGAGE™ REN 폴리올레핀 엘라스토머(POE) 제품 포트폴리오를 확장했습니다. 이 혁신은 카펫 타일 백킹에 사용되어 차원 안정성과 섬유에 대한 접착 지지력을 제공합니다. 새로운 제품은 다른 ENGAGE™ POE와 같은 높은 성능을 제공하면서 고객이 지속 가능성 목표를 달성하는 데 도움이 됩니다.

이 바이오 순환 제품은 생물학적 잔여물 및 책임 있게 공급된 폐기물 같은 대체 원료를 활용합니다. 이는 대량 기준 접근 방식에 따라 ISCC PLUS 인증을 받았으며, 고객이 이들 소재를 공급망에서 고려할 수 있도록 합니다. 이 이니셔티브는 Dow의 '폐기물 변환' 목표와 일치하며, 2030년까지 300만 미터 톤의 순환 및 재생 가능 솔루션 상용화를 목표로 하고 있습니다.

Dow (NYSE:DOW) a présenté son premier produit bio-circulaire pour l'industrie du revêtement de sol, élargissant ainsi le portefeuille de produits ENGAGE™ REN Élastomères Polyoléfine (POE). Cette innovation sera utilisée dans le dos des carreaux de moquette, offrant une stabilité dimensionnelle et un soutien à l'adhésion pour les fibres. Le nouveau produit propose les mêmes performances élevées que d'autres POE ENGAGE™ tout en aidant les clients à atteindre leurs objectifs de durabilité.

Le produit bio-circulaire utilise des matières premières alternatives issues de résidus biologiques et de déchets sourcés de manière responsable, tels que l'huile de cuisson usagée. Il est certifié ISCC PLUS selon une approche de bilan de masse, permettant aux clients de comptabiliser ces matériaux dans leurs chaînes d'approvisionnement. Cette initiative s'inscrit dans l'objectif de Dow 'Transformer les Déchets', visant à commercialiser 3 millions de tonnes métriques de solutions circulaires et renouvelables d'ici 2030.

Dow (NYSE:DOW) hat sein erstes bio-zirkuläres Produkt für die Bodenbelagsindustrie eingeführt und das Produktportfolio der ENGAGE™ REN Polyolefin-Elastomere (POE) erweitert. Diese Innovation wird im Rücken von Teppichfliesen eingesetzt und bietet dimensionale Stabilität und Haftungsunterstützung für die Fasern. Das neue Produkt bietet die gleiche hohe Leistung wie andere ENGAGE™ POEs und hilft den Kunden gleichzeitig, ihre Nachhaltigkeitsziele zu erreichen.

Das bio-zirkuläre Produkt verwendet alternative Rohstoffe aus biologischen Rückständen und verantwortungsvoll beschafften Abfällen, wie z.B. gebrauchtem Speiseöl. Es ist nach einem Massenbilanzansatz ISCC PLUS-zertifiziert, wodurch Kunden diese Materialien in ihren Lieferketten berücksichtigen können. Diese Initiative steht im Einklang mit Dows Ziel 'Abfall transformieren' mit dem Ziel, bis 2030 3 Millionen metrische Tonnen zirkulärer und erneuerbarer Lösungen zu kommerzialisieren.

Positive
  • Introduction of first bio-circular product for flooring industry
  • Expansion of ENGAGE™ REN Polyolefin Elastomers (POE) product portfolio
  • Utilization of alternative feedstocks from biological residues and responsibly sourced waste
  • ISCC PLUS certification under mass balance approach
  • Alignment with Dow's 'Transform the Waste' target for 3 million metric tons of circular and renewable solutions by 2030
Negative
  • None.

Insights

The introduction of Dow's first bio-circular attributed product for carpet tile backing represents a significant step towards sustainability in the flooring industry. This ENGAGE™ REN Polyolefin Elastomer (POE) offers several key advantages:

  • Maintains high performance while reducing reliance on virgin petrochemicals
  • Utilizes alternative feedstocks from biological residues and responsibly sourced waste
  • ISCC PLUS-certified under mass balance approach, ensuring traceability
  • Potentially reduces carbon footprint compared to traditional materials

This innovation aligns with Dow's ambitious "Transform the Waste" target, aiming to commercialize 3 million metric tons of circular and renewable solutions by 2030. While the immediate market impact may be , this product launch signals Dow's commitment to sustainable materials and could pave the way for broader adoption of bio-circular solutions across various industries.

Dow's introduction of a bio-circular product for carpet tile backing is a strategic move that addresses growing market demand for sustainable materials. Key points to consider:

  • Aligns with global trends towards circular economy and carbon neutrality
  • Helps customers meet their own sustainability goals, potentially driving adoption
  • Demonstrates Dow's innovation capabilities in sustainable chemistry
  • Could provide a competitive advantage in the flooring industry

However, the overall impact on Dow's financials may be in the short term. The success of this product will depend on market acceptance, cost competitiveness and the ability to scale production. Long-term, this initiative could strengthen Dow's position as a leader in sustainable materials, potentially opening new market opportunities and mitigating risks associated with stricter environmental regulations.

  • This new addition to the ENGAGE™ REN Polyolefin Elastomers product portfolio addresses the need for more sustainable options in the flooring industry.

  • Bio-circular* materials are a key pillar of Dow's vision to accelerate carbon neutrality and circularity for plastics.

MIDLAND, MI / ACCESSWIRE / September 26, 2024 / Dow (NYSE:DOW) announced the introduction of its first bio-circular product* for the flooring industry, an addition to the ENGAGE™ REN Polyolefin Elastomers (POE) product portfolio. The flooring innovation* will be used in the manufacturing of carpet tile backing to provide dimensional stability and adhesion support for fibers.

This new bio-circular product* brings the same high performance as the rest of the ENGAGE™ POE portfolio while helping customers meet their sustainability goals. ENGAGE™ REN POEs offer a viable alternative to virgin petrochemical products by utilizing alternative feedstocks produced from residues of biological origin and responsibly sourced waste, such as used cooking oil, and converting them into bio-circular products* with a lower carbon impact. Dow's resins from bio-circular feedstocks are ISCC PLUS-certified under a mass balance approach for chain of custody, allowing customers to account for these materials in their supply chains.

"This innovation represents a crucial step toward expanding our circularity offerings into new markets," said Joanna Giovanoli, senior marketing manager for Dow's Packaging and Specialty Plastics business. "By supporting our flooring customers with bio-circular feedstock options that maintain high performance, we can give waste a new life, potentially reducing carbon footprints and reliance on fossil feedstocks. This is how we are moving Dow and our customers closer to shared sustainability goals."

Bio-circular materials are a key pillar within Dow's vision for a lower-carbon plastics ecosystem. Dow's "Transform the Waste" target aims to commercialize 3 million metric tons of circular and renewable solutions by 2030, which involves using plastic waste and alternative feedstocks, including bio-circular. These raw materials, made from waste residues or by-products from an alternative production process, support a circular economy by enabling material reuse.

"We are committed to developing innovative products that meet the sustainability needs of our customers and help drive toward a circular economy," said Rosalyn Kent, associate TS&D scientist for Dow's Packaging and Specialty Plastics business. "To do this, we continue to explore alternative feedstock options that reduce the impacts of production and invest in new partnerships that progress bio-circular raw materials to produce high-quality resins."

*bio-circular attributed under mass balance chain of custody approach

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 $45 billion in 2023. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting www.dow.com.

For further information, please contact:

Jennifer Varadi
346-410-9006
jvaradi@dow.com

View additional multimedia and more ESG storytelling from DOW on 3blmedia.com.

Contact Info:

Spokesperson: DOW
Website: https://www.3blmedia.com/profiles/dow
Email: info@3blmedia.com

SOURCE: DOW



View the original press release on accesswire.com

FAQ

What is Dow's new bio-circular product for the flooring industry?

Dow (NYSE:DOW) has introduced a new bio-circular product as part of its ENGAGE™ REN Polyolefin Elastomers (POE) portfolio, specifically designed for carpet tile backing in the flooring industry.

How does Dow's new bio-circular product contribute to sustainability?

Dow's new bio-circular product utilizes alternative feedstocks from biological residues and responsibly sourced waste, potentially reducing carbon footprints and reliance on fossil feedstocks while maintaining high performance.

What is Dow's 'Transform the Waste' target?

Dow's 'Transform the Waste' target aims to commercialize 3 million metric tons of circular and renewable solutions by 2030, using plastic waste and alternative feedstocks, including bio-circular materials.

Is Dow's new bio-circular product certified?

Yes, Dow's bio-circular product is ISCC PLUS-certified under a mass balance approach for chain of custody, allowing customers to account for these materials in their supply chains.

Dow Inc.

NYSE:DOW

DOW Rankings

DOW Latest News

DOW Stock Data

38.12B
700.92M
0.19%
70.01%
1.99%
Chemicals
Plastic Materials, Synth Resins & Nonvulcan Elastomers
Link
United States of America
MIDLAND