IHS Chemical Week
ENVIRONMENTAL

Solvay Creates Energy Services Business

12:32 PM MST | January 25, 2012 | Alex Scott

Solvay has created Solvay Energy Services, a new business selling expertise within the group and to third parties to optimize energy costs and carbon dioxide (CO2) emissions. Solvay has described the formation of the new business as “the first concrete...


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FMC Acquires Environmental Technology Firm

FMC has acquired the assets of Adventus Intellectual Property (Mississauga, Ontario), a an environmental technology and services company from investment firms Covington Capital and VentureLink Innovation Fund, the company says. Terms of the deal were not...

Sustainability Council Launches Business Guide to Ecosystem Valuation

The World Business Council for Sustainable Development (WBCSD; Geneva) has introduced a guide to enhance business understanding of the value of natural resources, including fresh water, food, fiber and natural hazard protection. WBCSD’s guide to Corporate Ecosystem Valuation (CEV) will enable firms to explicitly account for the full value of ecosystem impacts and inputs, including the benefits derived from ecosystems as well as the costs associated with their loss, the group says....

Study: Climate Policies Unlikely to Pose Credit Risk

A study released today by Standard & Poor's (S&P; New York) and the World Resources Institute (WRI) found that federal climate action is unlikely to pose a major credit risk to U.S chemical companies. Ten of thirteen commodity chemical sub-sectors...

Siegfried Sells Waste Management Infrastructure at Zofingen

Fine chemicals producer Siegfried (Zofingen. Switzerland) says it has signed an agreement to sell its waste treatment and disposal facilities at its Zofingen site to EBM Group, (Münchenstein, Switzerland), a waste processing company. EBM has paid...

Greenhouse Gas Emissions: Industry Fails to Adjust In Spite of Recession

CW’s analysis of greenhouse gas (GHG) emissions from top diversified chemical companies reveals that emissions at many firms fell from 2008 to 2009, primarily due to reduced production during the economic downturn. Despite the drop in production many...

Halliburton Launches Fracking Chemicals Website

Halliburton, which was subpoenaed by EPA last week for its refusal to voluntarily disclose chemicals used in hydraulic fracking, has launched a new website identifying the chemicals. The website lists the chemicals but does not disclose their concentrations...

Veolia Innovation Platform Attracts Significant Interest

Veolia Innovation Accelerator, an innovation outsourcing program launched earlier this year by the environmental services giant Veolia (Paris), has attracted interest from 150 companies across the water, waste and energy management businesses, the company...

Bayer Offers Plant and Process Safety Services

Bayer says it has begun offering expertise in process and plant safety to chemical and pharmaceutical companies via its business unit Bayer Technology Services (BTS). The new service is underpinned by expertise from Bayer’s former process and plant...

BASF, Inpex, JGC to Jointly Test CCS Technology in Japan

BASF, energy firm Inpex (Tokyo), and engineering firm JGC (Yokohama, Japan) say they have jointly entered into an agreement to carry out demonstration tests on the effectiveness of a novel carbon capture and storage (CCS) technology to capture and recover CO2...

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