Dow

Arkema, through Bostik, finalized the acquisition of Dow's flexible packaging laminating adhesives business, which has around US$250 million in annual sales and five production sites in Italy, the United States and Mexico. The enterprise value is US$150 million.

Arkema agreed to acquire Dow's flexible packaging laminating adhesives business, with annual sales of about $250 million, at an enterprise value of $150 million. Bostik will combine the business with its existing flexible packaging presence; the business has manufacturing sites in Italy, the United States and Mexico.

Dow and Freepoint Eco-Systems agreed a supply deal for an estimated 65,000 metric tons per year of certified-circular pyrolysis oil from a planned Arizona advanced recycling facility, to be used in Dow's US Gulf Coast operations from as early as 2026.

Dow signed an agreement to sell its flexible packaging laminating adhesives business to Arkema, covering five manufacturing sites in Italy, the United States and Mexico. The transaction value is $150 million, and closing is expected by the end of 2024 subject to regulatory approval.

Mitsubishi Heavy Industries Compressor International will supply steam turbines and compressor packages to Dow for its net-zero Path2Zero ethylene cracker at Fort Saskatchewan, Alberta, under two contracts. Dow's overall brownfield investment is $6.5 billion.

Kao Industrial (Thailand), SCG Chemicals and Dow Thailand signed a memorandum of understanding in Bangkok to jointly develop recyclable, lower-carbon packaging for Kao's product range in Thailand.

Dow signed a memorandum of understanding with China's Want-Want Group to supply water-based and solventless laminating adhesives. The aim is zero-solvent emissions and more recyclable flexible packaging.

Dow has signed a memorandum of understanding with Indian recycler Lucro Plastecycle to develop a closed-loop packaging solution that recycles post-consumer PE film waste using Dow virgin resins, with first shrink films expected in India later in 2021.

Dow and UPM Biofuels announced the commercialization of a packaging plastics offering made from UPM BioVerno renewable naphtha, which Dow will use to produce bio-based polyethylene at its Terneuzen plant in the Netherlands.

Dow announced plans to expand its alkoxylation plant for polyglycols at its Tarragona industrial complex in Spain, with a new reactor. The new capacity is expected to start operating in 2021 and will serve Europe, the Middle East, Africa, India and Asia.

Craft brewer Oskar Blues worked with Dow Packaging and Specialty Plastics, Berry Global and Ampacet to develop a printed co-extruded shrink film for its 24-can cases, which cut its packaging costs by 40 percent.

Newark, New York flexible packaging maker Maco PKG became the third North American licensee of Dow's PacXpert stand-up pouch technology, to manufacture, sell and co-pack it in North America.