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Dow suspends donations to Republicans who voted against certifying election

January 13/2021

MOSCOW (MRC) -- Dow announced yesterday that it is immediately suspending all corporate and employee political action committee (PAC) contributions to any member of Congress who voted to object to the certification of the presidential election, according to Chemweek.

Dow is committed to the principles of democracy and the peaceful transfer of power. Our values - integrity, respect for people, and protecting our planet - are the foundation on which we stand and our values guide our political contributions, the company said in a statement to CW. The suspension will remain in place for a period of one election cycle - two years for House members and up to six years for Senators - which specifically includes contributions to the candidates reelection committee and their affiliated PACs, the company adds.

Dow joins the growing list of corporations halting donations in the wake of the violent Capital siege on 6 January in which Trump supporters sought to disrupt the Electoral College vote count certifying President-elect Bidens victory. Nearly 150 Republicans voted against certifying the results after the session reconvened. American Express, amazon, Ford, Goldman Sachs and Marriott have also announced similar measures. According to CNN, 3M is halting all political contributions through the first quarter, at which time it will reassess its policies. ExxonMobil is also reportedly reviewing its contributions in light of the unrest.

As MRC reported earlier, in September, 2020, Dow and Luhai, an integrated waste management company located in Xiamen, China, announced their collaboration to give plastics waste collected by Luhai a second life, thereby increasing the circularity of plastics in China. The agreement is in line with Dows new sustainability targets to Stop the Waste by enabling one million metric tons of plastic to be collected, reused or recycled through its direct actions and partnerships by 2030.

According to MRC's DataScope report, PE imports to Russia decreased in January-November 2020 by 17% year on year and reached 569,900 tonnes. High density polyethylene (HDPE) accounted for the greatest reduction in imports. At the same time, PP imports into Russia increased by 21% year on year to about 202,000 tonnes in the first eleven months of 2020. Propylene homopolymer (homopolymer PP) accounted for the main increase in imports.

The Dow Chemical Company is an American multinational chemical corporation. Dow is a large producer of plastics, including polystyrene, polyurethane, polyethylene, polypropylene, and synthetic rubber.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, homopolymer PP, HDPE, recikling, Dow, Exxon Mobil, China, Russia, USA.
Category:General News
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