Dow business units and manufacturing sites will secure the investment capital to present projects with the greatest impact in several key performance areas, including reductions in energy use and greenhouse emissions and accelerated cost savings, the company said.
Energy and Climate Change vice president Doug May said that the commitment of these funds will enable new projects that offer exceptional financial returns and significant energy and emissions benefits.
Dow claimed that from 1994 to 2010, the company has saved 1,800 trillion btu, which is the energy equivalent to powering all residential buildings throughout California for more than one and a half years.
