Hexion Releases 2014 Sustainability Report
Company sees Continued Decrease in Environmental Events
COLUMBUS, Ohio - (October 26, 2015) - Hexion Inc. (“Hexion” or the “Company”) today announced the publication of its 2014 sustainability report entitled, “Sustainability 2014.” The report can be found in the sustainability section of the Hexion website.
The report highlights a number of operational and environmental improvements as a result of Hexion’s environmental initiatives. One trend is an improvement in the reduction of spills and releases captured in our secondary containment systems, in addition to other items recognized as environmental events. Hexion has experienced a decrease of 46 percent in the number of environmental events in 2014 compared to 2012 and the number of events fell by 68 percent from 2008 to 2014.
“Our strong environmental, health and safety (EH&S) commitment continues to drive continuous improvements in how we operate our facilities around the world,” said Craig O. Morrison, Chairman, President and CEO. “In addition to growing involvement in the communities where we live and serve, Hexion continues to evaluate ways to improve our products and services to be more focused on delivering solutions that help our customers produce more sustainable products.”
The report focuses on three areas of sustainability: operational excellence; product innovation; and corporate social responsibility. It provides readers with insight into Hexion’s community involvement and provides metrics surrounding greenhouse gas emissions, energy efficiency, total carbon footprint, and safety performance.
“The report outlines significant milestones on our journey to being ever-more focused on areas of sustainability, and it serves as a guide for us to address areas of improvement in process, product development and corporate social responsibility,” said Karen Koster, Executive Vice President, EH&S.
About the Company
Based in Columbus, Ohio, Hexion Inc. (formerly known as Momentive Specialty Chemicals Inc.) is a global leader in thermoset resins. Hexion Inc. serves the global wood and industrial markets through a broad range of thermoset technologies, specialty products and technical support for customers in a diverse range of applications and industries. Hexion Inc. is controlled by investment funds affiliated with Apollo Global Management, LLC. Additional information about Hexion Inc. and its products is available at www.hexion.com.
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