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Dow advances its mechanical recycling offering by agreeing to acquire Circulus, a North American polyethylene recycler

Acquisition of Circulus will add capacity of 50,000 metric tons of recycled materials annually to advance progress towards Dow's 2030 Transform the Waste goal

MIDLAND, Mich., June 20, 2024 -- Today, Dow (NYSE: DOW) announced it has signed an agreement to acquire Circulus, a leading recycler of plastic waste into post-consumer resin (PCR). This transaction includes two facilities, one in Ardmore, Oklahoma, and another in Arab, Alabama, with a total capacity of 50,000 metric tons per year. Dow expects the transaction to close in the third quarter of 2024, subject to customary regulatory approval.

Read the full release here.