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Dow Launches Microfoaming Technology for Rio 2016 Olympics

The Dow Chemical Company DOW said that it has introduced an innovative Microfoaming Technology for the packaging industry in Latin America. Dow being the Official Chemistry Company of the Olympic Games and the Official Carbon Partner of Rio 2016 aims at reducing the carbon footprint of the Rio 2016 Olympic Games.

Microfoaming is a licensed technology designed to meet the demands of markets for solutions that reduce weight and add a more sustainable profile to plastic films and packages. The technology offers differentiated performance in the packaging industry, and also aids reduction in greenhouse gas emissions through innovative production methods leading to higher productivity and improvements in the extrusion process of films. The technology has the ability to improve the production of films, and thus has been included in the tailor-made program designed by Dow to mitigate the carbon footprint of the Rio 2016 Olympic Games.

Dow’s Microfoaming technology is light and appropriate for the food industry. It can also be used to develop flexible packaging for collation shrink, cosmetic, hygiene and cleaning sectors, for applications that include stand-up pouches, laminated PE, PE PET, PE and BOPP films.

The project is being executed in partnership with manufacturers located in Brazil (Valfilm), Argentina (Petropack), Mexico (Folmex), Colombia and Guatemala (Plastilene) as well as MuCell Extrusion LLC, an equipment maker for extrusion solutions and Dow’s exclusive collaborator for the foamed film technology.

Apart from reducing the carbon emissions from the organization and delivery of the Olympic Games – 500,000 tons of CO2 equivalent (CO2e) – Dow and Rio 2016 are looking to generate additional climate benefits of 1.5 million CO2eq by 2026, aimed at other emissions linked to the Games.

Dow Chemical is a Zacks Rank #2 (Buy) stock.

Some other stocks worth considering in the diversified chemical space include Arkema S.A. ARKAY, Sinopec Shanghai Petrochemical Co. Ltd. SHI and Koninklijke DSM N.V. RDSMY. While both Arkema and Sinopec Shanghai sport a Zacks Rank #1 (Strong Buy), Koninklijke DSM carries a Zacks Rank #2.

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