Washington D.C. – The Household & Commercial Products Association (HCPA) applauds the formation of the Alliance to End Plastic Waste (AEPW), a group of nearly 30 global plastic and consumer goods companies committed to eliminating plastic waste in the environment, especially in the ocean.
The AEPW has committed over $1.0 billion with the goal of investing a total of $1.5 billion over the next five years to help end plastic waste in the environment.
Founding companies, many of which are members of the American Chemistry Council (ACC) and HCPA, include: BASF, Berry Global, Braskem, Chevron Phillips Chemical Company LLC, Clariant, Covestro, Dow, DSM, ExxonMobil, Formosa Plastics Corporation, U.S.A., Henkel, LyondellBasell, Mitsubishi Chemical Holdings, Mitsui Chemicals, NOVA Chemicals, OxyChem, PolyOne, The Procter & Gamble Company, Reliance Industries, SABIC, Sasol, SUEZ, Shell, SCG Chemicals, Sumitomo Chemical, Total, Veolia, and Versalis (Eni).
“HCPA applauds the creation of the AEPW as well as other large-scale efforts to eliminate plastic waste from the environment,” said Steve Caldeira, HCPA President & CEO. “HCPA is proud to have many of our member companies supporting the mission and objectives of this much-needed alliance.”
The alliance is a 501c3 not-for-profit organization that includes many companies from different parts of the global plastics and consumer goods value chain. These include: chemical and plastic manufacturers, consumer goods companies, retailers, converters, and waste management companies. The alliance will partner with governments, intergovernmental organizations, academia, non-government organizations and civil society to invest in collaborative, long term projects that seek to eliminate plastic waste from the environment.