SRI
Consulting's Global Solvent Report Puts Green Impact
in Perspective
MENLO
PARK, CA. September
12, 2006 — Solvents are essential chemicals
used extensively by major industries throughout the
world. Today, SRI Consulting released its “Global
Solvent Report: The Green Impact.” The
new report is the first in a series that focuses on Safe & Sustainable™ materials. It
covers all the major classes of solvents by industry
sector along with data on production, consumption,
chemical characteristics, regulatory status and the
market outlook and trends for 117 specific products.
John
Pearson, CEO of SRIC said, “Regulatory
pressure to use and develop more green chemicals in the
energy and chemical industries will continue. Our Safe & Sustainable™ reports
will provide current information that will allow business
professionals to effectively manage their businesses
in this evolving marketplace.”
Mr. Pearson
added, “The Global Solvent Report will be
of value to any business that manufactures or uses significant
amounts of solvents. The global market is 20 million
metric tons and is of concern to almost any producer of
formulated products, worldwide.”
The Global
Solvent Report provides in-depth information on
the major solvent types: Aromatics, Alcohols, Esters,
Aliphatics, Ketones, Glycols, Glycol ethers, and Halogenated
solvents as well as over 20 other widely used miscellaneous
solvents.
Bob
Davenport, Director of Development, stated, “This
is a comprehensive report that puts emerging green solvents
in perspective with petrochemical-based solvents which
dominate the industry. The demand for many high volume
petrochemical-based solvents will decline or stagnate
due to toxicity concerns. However, many petrochemical
solvents are not toxic and will continue to be used indefinitely. Today,
bio-friendly, renewable sourced or novel, new solvents
are expensive or have limited utility. Often green
solvents cannot act as direct substitutes for more toxic
solvents. This report demonstrates, however, there is
an incremental, secular shift toward more eco-friendly
solvents.”
About
SRI Consulting (SRIC)
SRI Consulting
is the world’s leading business research service
for the global chemical industry. Publishing for almost
60 years, SRI Consulting is the preeminent source for in-depth
business and process analysis. This report was developed
by SRIC’s Safe & Sustainable™ group,
which provides in-depth, independent technical and business
advisories for the chemical and energy industries. SRI
Consulting's headquarters are located in Menlo Park, California
with offices in The Woodlands, Texas; Zürich, Switzerland;
Tokyo, Japan; and Beijing, China. SRI Consulting
is a division of Access Intelligence, LLC. Additional information
is available at www.sriconsulting.com.
SRI Consulting
(SRIC) is a trade name and a registered trademark of SRI
International, used under license.
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