Chemical company Dow has announced that it will fund the 2012 Olympic Stadium “wrap” that was previously axed to save £7M in November’s Comprehensive Spending Review.
The London Organising Committee of the Olympic Games and Paralympic Games (LOCOG) today confirmed that Dow will pay for the sustainable, fabric wrap that will encircle the Olympic Stadium during the Olympic and Paralympic Games.
The wrap will comprise of 336 individual panels – each approximately 25m high and 2.5m wide – and will include resins made by Dow’s Performance Plastics Division. It will be up to 35% lighter and have a lower carbon footprint when compared to conventional materials.
Installation will be completed by spring 2012. Dow will repurpose the wrap following the 2012 Olympic competitions. The hardware used to hang the wrap will be recycled in Europe following the Games.
Minister for sport and the olympics Hugh Robertson said: “At the Comprehensive Spending Review last autumn, the government could see the benefit of the wrap but did not feel the taxpayer should pay for it as we looked to make savings across the project.
“But I am delighted that a private sector company has taken up the opportunity which will become a major feature of the Olympic Stadium.”