19 January 2009 12:39 [Source: ICIS news]
LONDON (ICIS news)--Dow Corning is on track to improve its energy efficiency by 20% over the five years to 2009, the US specialty chemicals group said on Monday.
“We are at 19.5% right now and we are fully confident of achieving our target”, said Peter Cartwright, executive director for environment, health and safety.
The company plans to spend $3bn (€2.2bn) over the next five to ten years in energy efficiency improvements in addition to the $4.5bn it has invested in the last half a decade.
Dow Corning is investing in solar and wind energy as alternatives to coal and fossil fuel. Over 1,000 square metres of solar panels were installed at its ?xml:namespace>
The company was also looking to install a wind turbine to power its facility at
($1 = €0.75)
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