So why can’t PTO get a deal done, can someone PL
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Today on CNBC...
Plastics manufacturers have never been more united about the need to curb plastic waste than now, Dow Chemical Company CEO Jim Fitterling told CNBC on Thursday.
"Plastics are a great sustainability story. They're the most sustainable package in the world and they're the fastest-growing packaging in the world. We do have a plastic waste problem, though, and at this point in time, I've never seen the industry more aligned about tackling that problem," Fitterling told Cramer in an interview.
Concrete data on plastic waste levels is difficult to track, but what we do know doesn't look good. Scientists estimate that on the whole, global manufacturers have put out roughly 8.3 billion metric tons of new plastic. In 2015, 6.3 billion metric tons of that had become plastic waste — and only 9 percent of that was recycled, a study said.
Fitterling, whose company is part of chemical conglomerate DowDuPont, said that industry leaders have been "working on a very big initiative" that will be rolled out over the next several months.
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