CSRminute: B&W Y-12 Wins Environmental-Awards; Siluria Technologies Develops Eco Oil Alternative

Jan 7, 2011 8:49 AM ET

TheCSRminute is your daily video digest of the most relevant Corporate Social Responsible news of the day. Our team of 3BL Media correspondents tracks the global world of corporate social responsibility to bring you coverage of the most important announcements, initiatives, issues, trends, ideas, and breaking news.

Press Release

B&W Y-12(@y12nsc), a nuclear security firm, has received several environmental awards. The company has been recognized by the Tennessee Chamber of Commerce for replacing a coal-fired steam plant with a new natural gas plant with reduced greenhouse gas emissions, and for the creation of a sustainability and stewardship program. It has received the Silver Award from the Federal Electronic Challenge, a program that encourages the purchase of greener electronic products. And the Y-12 complex has received the EStar Award for the site’s pollution prevention activities from the Department of Energy’s Environmental Sustainability Star Program.

Siluria Technologies, a San Francisco start-up company, is developing an alternative method of converting natural gas into an oil substitute that would release less carbon dioxide into the atmosphere. A surplus of natural gas has sparked efforts to turn it into higher-priced diesel fuel, but the conversion process creates increased carbon dioxide emissions. Siluria will use its end product to produce ethylene, a building block for plastics, fertilizers, beverage bottles, tires, and other materials now made from oil, instead of diesel or gasoline.

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This CSR Minute is sponsored by the Network for Business Sustainability. For information about NBS's sustainability strategy, visit http://www.nbs.net.