Environment

As a leading global specialty chemicals and performance materials company, we place a high value on the efficient and safe use of natural resources to manufacture and distribute products that minimize impact to our environment.

Our safety, health and environment (SH&E) program is the cornerstone of our management practices at all our facilities. As part of this program, we closely monitor the environmental impacts of our operations. This involves tracking our performance against our environmental goals, engaging with our neighbors and being diligent to address issues when they occur. We continue to explore opportunities to improve our efficiency at plants and implement innovative solutions that can reduce our environmental impacts across the organization. To this end, we invested $17 million in fiscal year 2015 for improvements at our plants that have led to a continued reduction of environmental non-conformances (ENC).

In 2014, we introduced updated environmental goals that included new targets for cutting our nitrogen oxides (NOX) and sulfur dioxide (SO2) emissions and waste disposal goals in addition to revised energy and greenhouse gas (GHG) goals. We continue to monitor our progress toward these targets and other environmental metrics. This is complemented by the projects underway at individual facilities to optimize our processes for efficiency and reduce our environmental impacts.