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Dow and Freepoint Eco-Systems announce supply agreement to transform plastic waste into new circular products

The supply agreement for 65,000 metric tons of circular feedstock advances the Companies' shared goal to support a circular economy for plastics in North America.* Once completed, Freepoint Eco-Systems' advanced recycling facility, to be built in Arizona, will be ISCC Plus-Certified and will recycle end-of-life plastic waste, otherwise destined for landfills or incineration, from the region.

Published 6 months ago | About a 1 minute read

Image: Dow

As the sole offtaker from phase one of the Arizona facility, Dow will transform the certified-circular liquid supply into virgin-grade equivalent plastics and develop new products to meet customer demand for recycled content through a mass balance approach.
The supply agreement demonstrates Dow's momentum towards achieving its "Transform the Waste" goal to accelerate the circular ecosystem.

MIDLAND, Mich. and STAMFORD, Conn., May 16, 2024 -- Today, Dow (NYSE: DOW) and Freepoint Eco-Systems Supply & Trading LLC ("Freepoint Eco-Systems") announced an agreement for an estimated 65,000 metric tons per year of certified-circular, plastic waste-derived pyrolysis oil to produce new, virgin-grade equivalent plastics in Dow's U.S. Gulf Coast operations. Together, Dow and Freepoint Eco-Systems are building a recycling system that converts plastic waste into valuable materials and fosters a circular economy for plastics in North America.

Read the full release here.