Business
Dow and Pan Era Group advance their strategic partnership to increase the supply of high-quality PCR resins in Southeast Asia
Dow (NYSE: DOW), a global leader in materials science, signed a second memorandum of understanding (MOU) with PT Eterna Persada Indonesia (PT Eterna), a leading Indonesian recycling company under the Pan Era Group. This agreement will strengthen the collaboration between the two companies to increase the supply of high-quality post-consumer recycled (PCR) resins and advance the plastics circular economy in Indonesia.
About this update from Dow Inc.
[{"type":"text","content":"With this new agreement, Dow will acquire its flexible polyethylene post-consumer recycled (PCR) resins from Pan Era Group.","length":123,"tagName":"p"},{"type":"text","content":"JAKARTA, Indonesia, May 7, 2025 /PRNewswire/ -- Dow (NYSE: DOW), a global leader in materials science, signed a second memorandum of understanding (MOU) with PT Eterna Persada Indonesia (PT Eterna), a leading Indonesian recycling company under the Pan Era Group. This agreement will strengthen the collaboration between the two companies to increase the supply of high-quality post-consumer recycled (PCR) resins and advance the plastics circular economy in Indonesia.","length":473,"tagName":"p"},{"type":"image","alt":"Dow Logo (PRNewsfoto/Dow)","displaySize":"","headline":null,"caption":"Dow Logo (PRNewsfoto/Dow)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":154,"url":"https://media.zenfs.com/en/prnewswire.com/a8314ff18d1e3a2327aa5b0a8e2b5107"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/6NEpE89NsaPFp38ZfkCkjQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/a8314ff18d1e3a2327aa5b0a8e2b5107","width":400,"height":154}},"href":"https://mma.prnewswire.com/media/1529348/DOW_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The new MOU builds on the successful partnership established in October 2022, which saw the launch of several new PCR resin grades for several applications, including collation shrink film (CSF).","length":195,"tagName":"p"},{"type":"text","content":"Under the terms of this second agreement, Dow will develop a target volume of flexible polyethylene PCR resins from Pan Era Group over the next three years. These high-quality PCR resins are manufactured under stringent processes to meet Dow's standards. They incorporate Dow's advanced technology along with Pan Era Group's decades of experience in this field, providing comprehensive solutions to end-customers. In addition, Dow and Pan Era Group will also explore the potential of developing new PCR resins for different applications, such as wire and cable jacketing, leveraging Dow's materials science expertise and Pan Era Group's local waste collection capabilities.","length":693,"tagName":"p"},{"type":"text","content":"Meeting Indonesia's drive towards ...