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Hong Kong plastic waste recycling company Seal Advanced Eco-Environment Ltd.
(SEAL) signed a memorandum of understanding (MOU) with Dow (NYSE: DOW), one of the world's largest producers of polyethylene and specialty resins, to produce using "consumer Post" Recycled Plastic (PCR) resin for e-commerce packaging
.
Key representatives, stakeholders and strategic partners of both parties to this MoU:
(From left) Mr.
Guan Baiji, Business Director of Ravago Group, Mr.
Su Dawen, Chairman of Seal Advanced Ecological Environment Co.
, Ltd.
,
Mr.
Wenshan Zhang, Senior Sales Director of Packaging and Specialty Plastics Business Department, Greater China, Dow Chemical Pacific Co.
, Ltd.
,
Mr.
Ruiwen Zeng, Sustainability Marketing Manager of the Asia Pacific Packaging and Specialty Plastics Business Unit of Dow Chemical Pacific Limited, and Mr.
(On screen) Mr.
Li Mingzhuang, Vice President of Asia Pacific Commercial, Dow Packaging and Specialty Plastics Business Unit
.
Focus on global plastic issues Adopt advanced technology to achieve sustainable development
The global plastic problem is already imminent.
In 2019 alone, 368 million metric tons of plastic were produced globally, of which nearly half ended up in landfills or wilderness, while only 9 percent of used plastic was adequately recovered.
Recycle 2
.
According to the terms of the memorandum, Dow and SEAL will cooperate in the production of e-commerce packaging using "post-consumer" recycled plastic (PCR) in the Asia-Pacific region to provide sustainable and environmentally friendly express bag solutions for global leading e-commerce companies.
An important step towards fulfilling their sustainability goals by helping to increase the recycled content of their packaging
.
Leading e-commerce companies sincerely cooperate to lead new environmental protection solutions
Sustainability has always been the primary goal of Dow's corporate development
.
Mr.
Li Mingzhuang continued: "The recycled plastics (PCR) used in the joint production of Dow and SEAL is only a part of the expansion of environmentally friendly plastics and the circular economy
.
Mr.
Ruiwen Zeng (left), Sustainability Marketing Manager, Packaging and Specialty Plastics Business Unit, Asia Pacific, Dow Chemical Pacific Ltd.
, said: "Through the partnership, SEAL will leverage our materials and application development expertise to produce PCR resins in the Asia Pacific region.
The express bag for materials provides sustainable development solutions for the world's leading electronics and logistics providers
.
Ravago Group Business Director Mr.
Kwan Baiji (left) and SEAL Chairman Mr.
Su Dawen (right) said: "The Ravago Group and SEAL cooperation is part of our company's strategy to jointly expand sustainable development through the establishment of a new partnership in Hong Kong.
to expand the green footprint
.
Drive circular economy to create a better future
SEAL's flagship factory in Fanling can process nearly 36,000 metric tons of global waste and recyclables annually, and has Hong Kong's advanced shredders that separate metal parts from old plastic waste (such as clothes hangers) and cut them into small pieces.
for further processing
.
In addition, SEAL's in-house laboratory tests the separated material, the results of which help determine the recycled blend formulation used and ensure quality control of the final plastic pellets produced
.
"Physical recycling (where plastic is ground, washed a little, and then pelletized) is an important part of recycling infrastructure," said Ruiwen Tsang, Sustainability Marketing Manager, Packaging and Specialty Plastics, Asia Pacific, Dow Chemical Pacific Ltd.
In part, through appropriate investment and technology, it can be economically feasible and profitable, and SEAL uses Dow's technology for processing plastic waste in this link, and can make the waste into PCR plastic pellets, and then Dow Will use its own expertise to convert raw materials into products
.
”
SEAL will continue to explore different collaboration opportunities, including partnerships with private companies and non-profit organizations, with the aim of expanding reliable and sufficient sources of plastic waste and improving recycling capabilities for SEAL, and ensuring the use of a wider variety of plastics, Such as polyethylene (PE) and polyethylene terephthalate (PET) for recycling
.
Mr So concluded: "I believe SEAL's vision is in line with Hong Kong's long-term strategy to create a circular economy
.
Therefore, SEAL's sustainable approach to plastic recycling-based industrial production in Hong Kong makes us feel Extremely proud
.
"
