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The Alliance to End Plastic Waste includes global companies from the plastics, chemicals and CPG value chain coming together to promote solutions to end plastic waste in the environment.
The 29 member companies have committed over US$1 billion, with the goal of investing $1.5 billion over the next five years, to help end plastic waste in the environment. The Alliance — whose membership represents companies located throughout North and South America, Europe, Asia, Africa and the Middle East — will develop and bring to scale solutions that will minimize and manage plastic waste and promote solutions for used plastics by helping to enable a circular economy.
It is a not-for-profit organization that includes companies that make, use, sell, process, collect and recycle plastics — including chemical and plastic manufacturers, CPG companies, retailers, converters and waste-management companies — aka the plastics value chain. They have been working with the World Business Council for Sustainable Development as a founding strategic partner.
They announced an initial set of projects and collaborations that reflect a range of solutions to help end plastic waste:
In the months ahead, the Alliance will make additional investments and drive progress in four key areas:
The following companies are the founding members of the Alliance: BASF, Berry Global, Braskem, Chevron Phillips, Clariant, Covestro, The Dow Chemical Company, DSM, ExxonMobil, Formosa Plastics Corporation USA, Henkel, LyondellBasell, Mitsubishi Chemical Holdings, Mitsui Chemicals, NOVA Chemicals, OxyChem, PolyOne, Procter & Gamble, Reliance Industries, SABIC, Sasol, SUEZ, Shell, SCG Chemicals, Sumitomo Chemical, Total, Veolia and Versalis (Eni Group).
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