WR Grace Targets 20% Energy Intensity Cuts
“This new component of our sustainability strategy makes good business sense,” said Fred Festa, Grace’s chairman, president and CEO. “Clearly, this is a stretch goal, but I am convinced the drive to achieve it will make us more innovative, more efficient and enhance our stewardship of the environment.”
Grace will use 2007 as the base year against which it will measure progress. In that year, it produced nearly 2 million tons of products and had carbon dioxide equivalent emissions of 1.1 million tons.
The company filed for Chapter 11 protection in 2001 after continuing litigation and liabilities over alleged asbestos contamination, The company has been seeking permission to put its restructuring exit plan in place to come out of bankruptcy, The Wall Street Journal reports.
Energy Manager News
- BMW Tests Fuel-Cell Car
- Researchers Develop Cell that Can Store Solar at Night
- Energy Efficiency Program Saves Texas College $4.4M
- White Efficiency Poses Challenge for Solid-State Lighting
- Senators National Energy Policy Vision Leads to a Hopeful Future
- Google Builds Data Center on Site of Old Coal Plant
- EPA Honors 3 Facilities for Combined Heat and Power
- Cheese Factory Installs Anaerobic Digestion