Both companies believe that along with their clients and allies and with collaboration as the main factor, waste can be transformed into valuable products for society.
Enka and Dow signed an alliance to jointly expand the post-consumption plastics market in Colombia, which responds to the commitment both organizations have to the Circular Economy.
Priority will be initially given to the development of high added-value resins from the plastic caps of bottles recycled by Enka, which are later incorporated to flexible packages for different industries.
Bogota – November 20, 2019 – Dow, producer of chemical materials and goods, signed an alliance with Enka de Colombia, a Company focused on recycling polymers, innovation and high engineering. The purpose is with the use of leading technology to expand the supply of plastic resins developed from post-consumption recycled materials.
Both companies believe that along with their clients and allies, and based on collaborative efforts, waste can be transformed into valuable products for society. These new resins shall be incorporated in flexible packages for different industries, contributing to different brands and companies to promote the Circular Economy of packages.
Dow and Enka are pleased to make this major announcement as a result of their commitment to close the cycle of plastics. “New products are developed from post-consumption materials and we are convinced that this innovation shall be Paramount to solve the impact of waste on the environment and society”, stated Daniella Souza Miranda, Commercial Vice President of Dow for the Plastics and Packaging business.
Enka has been enhancing its Circular Economy strategy in recent years by consolidating the largest network of post-consumption plastics collection and processing of Colombia. According to Álvaro Hincapié, President of the Company, “we have been fully closing the cycle of PET bottles making use of their caps and labels, and meeting our goal to transform the ordinary into top-quality extraordinary products, benefiting recyclers and improving their quality of life. Enka is convinced that the alliance with Dow is promising, and once again shows the commitment of both companies to innovation with social and environmental responsibility”.
Said alliance is part of a global commitment of Dow activities to create solutions to incorporate plastics in a Circular Economy. In February this year, Dow made a similar alliance with a Brazilian startup specialized in the Boomerange circular economy, collaborating for the development of a new top-quality plastic resin from post-consumption recycled material.
On the other hand, this alliance for Enka, along with the three existing PET and Polyolefines plants plus the investment in a new production of EKO® PET resin, consolidates its position in PET packaging recycling worldwide, recovering close to 6 million bottles a day.
About Enka
Enka has more than 55 years of experience in the marketplace and is a leader in PET bottle recycling in Colombia, with the largest plant of this sort in South America. With the new food-grade PET resin production project, the Company will expand its collection levels, doubling the benefits for Colombia:
Savings in energy equal to the consumption of 60,000 homes
Less CO2 emissions equal to removing more than 21,000 vehicles from the streets
Recovery of 2 billion PET bottles per year.
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