Dow adds weight to a low-carbon future

On October 15, during the Investment Day event, Dow announced a series of investment plans and projects to promote a sustainable future

Sign the renewable energy purchase agreement

In the investment day event, Jim Fitterling, Chairman and CEO of Dow, said that the company has signed 8 new renewable energy purchase agreements (RPA), covering Europe and the Americas

It is reported that the contents of the RPA signed this time include that 132 megawatts of wind and solar clean power will be added, and it will be cost-competitive; the total amount of clean energy available to Dow will exceed 850 megawatts

Dow is a leading clean energy purchaser in the chemical industry and one of the 20 largest clean energy users in the world

Build the first net zero carbon emission base

Fitterling said that Dow will build the world's first integrated base for ethylene cracking and derivatives with net zero carbon emissions

According to reports, the production process at the Fort Saskatchewan site will convert the waste gas from the cracking furnace into hydrogen, which will be used as a clean fuel for the production process

In this regard, Fitterling said: "This investment is based on Dow's strong leadership position, allowing us to meet the growing needs of customers and brands to reduce the carbon footprint of their products

　　Further expand the production capacity of recycled plastics

　　During the Investment Day event, Dow also announced its progress in preventing plastic waste, reducing greenhouse gas emissions, and providing customers with recycled plastic products

　　These major developments will enable Dow to provide customers with fully recycled polymers starting in 2022

　　Fitterling said that these investment projects and plans are in line with Dow's broader goal of achieving carbon neutrality by 2050, eliminating plastic waste in the environment, and expanding the company's positive impact on customers and society