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Dow (NYSE: DOW), has invested in Mr. Green Africa - the first recycling company in Africa to be a Certified B Corporation - to enable further diversion of plastic waste from informal dumpsites and the environment, drive positive change in local communities, address inadequacies in existing waste management systems and close the loop on plastics waste across Africa.
This investment marks the first of its kind from Dow on the continent and expects to enable approximately 90 kilotons (kt) of plastic waste to be recovered over four years and recycled into new packaging applications. With the support from Dow and other investors, Mr. Green Africa plans to expand its operations in Kenya where it is headquartered as well as in other countries in Africa, further extending the capabilities of its recycling efforts across the continent.
Read the full release here
Published Jan 10, 2022 7pm EST / 4pm PST / 12am GMT / 1am CET