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M&A
Dow Acquires Circulus for undisclosed sum to advance plastic waste recycling goals
Waste Recovery & Management Tech
Jun 20, 2024
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Waste Recovery & Management Tech

Waste Recovery & Management Tech

Jun 20, 2024

Dow Acquires Circulus for undisclosed sum to advance plastic waste recycling goals

M&A

  • Dow, a leader in material sciences, announced it had signed an agreement to buy Circulus, a company that recycles plastic waste into post-consumer resin (PCR), for an undisclosed sum. The purchase includes two facilities in Ardmore, Oklahoma, and Arab, Alabama, with a combined capacity of 50,000 metric tons annually. The deal's closure is anticipated in the third quarter of 2024, contingent on regulatory approval.

  • Circulus specializes in film recycling, offering sustainable solutions to recycle plastic packaging waste into reusable materials. Following the acquisition, Dow intends to combine its expertise in developing high-performance resins with Circulus' recycling expertise. The integration will also allow Dow to extend its footprint in the circular plastics industry.

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