Dow Packaging and Specialty Plastics and Lucro to launch post-consumer recycled (PCR) polyethylene film solution in India with investment from Circulate Capital. The partnership builds on P&SP’s momentum in driving adoption of PCR solutions in Asia Pacific. Dow Packaging and Specialty Plastics (P&SP) and Lucro Plastecycle, a homegrown Indian recycling company, have signed a memorandum of understanding (MoU) to develop and launch polyethylene (PE) film solutions using post-consumer recycled (PCR) plastics in India. This agreement introduces a close-the-loop packaging solution to help enable a circular economy in India and expanding overall circularity portfolio in the Asia Pacific region.
recycle plastic waste in India