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Every year, more than 60 million tons of nitric acid, an essential feedstock for the fertilizer industry, are produced globally. Production of nitric acid emits nitrous oxide (N2O), a potent greenhouse gas that can remain in the atmosphere for more than 100 years and has a global warming impact that is approximately 300 times greater than carbon dioxide (CO2).
Covestro LLC and the University of Pittsburgh have created the first circular economy-focused graduate program in the United States to address global waste and its impact on the environment and climate.
ExxonMobil has developed advanced recycling technology, which, through April 2022, has processed more than 7 million pounds of used plastics at its Baytown facility, near Houston, Texas. Advanced recycling is a manufacturing process that leverages chemistry and technology to convert hard-to-recycle used plastic like films and pouches into high-quality raw materials for making valuable new products, including plastics.
In May 2021, circular economy-focused investment firm Closed Loop Partners joined forces with three leading plastics and material science companies, Dow, LyondellBasell and NOVA Chemicals to establish the Closed Loop Circular Plastics Fund (CPF), a multi-million dollar fund to accelerate investment in plastics recycling infrastructure.
Farmers rely on dispersants to help the active ingredients in water-based crop protection products and seed-treatment formulations dissolve more easily.
With the goal of reducing marine debris and recovering the value of discarded materials, The Dow Chemical Company is collaborating with governments and other stakeholders in Asia Pacific to turn discarded plastics into durable, long-lasting roads.
Wood has long been a material of choice for building and construction, due to its strength, multi-functional uses and sustainability attributes. Wood products are naturally biodegradable, renewable, energy efficient and help remove carbon dioxide from the atmosphere. In addition, sustainable forestry helps enable new growth that adds more than two times the amount of wood removed from U.S. forests for building and construction every year.
Around the world, investment in transportation infrastructure continues to grow, enhancing the need for sustainable, environmentally sound construction processes and materials.
While many plastics containers and other materials can be recycled, according to the U.S. Environmental Protection Agency, 26 million tons of plastic ended up in landfills in 2015.
Plastics are instrumental in developing a range of innovative, beneficial packaging materials. However, while conventional recycling technologies are able to process some rigid or flexible plastics packaging materials for manufacture into new products, other plastics waste streams are more difficult to recycle.