Chemical manufacturers in their ongoing quest to remain competitive are giving energy efficiency and sustainability projects a much higher priority. Such projects can reduce operating costs, cut greenhouse gas emissions, improve systems and hedge against future energy costs. However, upfront costs often pose a major barrier. Many companies don’t have the capital available to pay for the equipment, installation and servicing of energy efficiency projects out-of-pocket. Even those with the capital may prefer instead to spend it on their core operations — what they know best.When contemplating efficiency projects, operating companies typically have three general…
Full Story
