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Aug 16
2022

Plastics Weekly: Chemical Giant Dow Urges U.S. To Adopt Carbon Incentives

Editorial Staff
Oct 11, 2021
plastics weekly

Welcome to the Plastics Weekly, NEO’s regular news monitoring of the plastics industry.

Every Monday, we publish a roundup of the top developments in plastics and sustainability – from regulatory changes to company news.

This week’s highlights:

  • U.S. chemical giant Dow Inc. has urged the U.S. to follow Canada in offering industrial companies larger incentives to reduce carbon emissions. The company announced plans to build the world’s first net-zero ethylene facility in Alberta and retrofit an existing one at its Fort Saskatchewan site that will boost production of ethylene, the key building block of everyday plastics, to eventually reduce net emissions to zero by 2030. (Bloomberg)
  • India will ban single-use plastics next year, following the government’s 2019 resolution to address plastic pollution in the country. But experts say the move is only a first step to mitigate the environmental impact, with enforcement being key to making the ban effective. (CNBC)
  • The Seattle Kraken football team has partnered with PepsiCo Beverages North America (PBNA) to increase sustainability in the Kraken’s new home, Climate Pledge Arena, and achieve net-zero annual carbon emissions by 2040. PBNA also plans to introduce sustainable packaging for its products inside the arena as part of its programme called pep+ (PepsiCo Positive), with targets that include cutting virgin plastic per serving by 50% across the company’s global food and beverage portfolio by 2030. (Forbes)
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