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Veolia ES Technical Solutions, L.L.C. and Rinchem Company, Inc. Announce Alliance to Provide Chemical Lifecycle Management ServicesPosted 10 Jun 2008 PRESS RELEASE FOR IMMEDIATE RELEASE Veolia ES Technical Solutions, L.L.C. and Rinchem Company, Inc. Announce Alliance to Provide Chemical Lifecycle Management Services Lombard, IL. and Albuquerque, NM. June XX, 2008 – Veolia ES Technical Solutions, L.L.C. (Veolia), the hazardous waste division of Veolia Environmental Services, and Rinchem Company, Inc. (Rinchem), a leading chemical management services company, announced today they are forming an alliance to provide chemical lifecycle management services to customers. The alliance will be called “Chemical Lifecycle Management ,” or “CLM.” Chemical Lifecycle Management will give the marketplace an innovative and unique solution for managing the chemical, gas and waste logistics for a customer from “cradle-to-grave,” or the lifecycle of a chemical. CLM customers will now have a single point-of-contact for chemical/gas management from the purchasing of chemicals through the recycling, reusing or disposing of the waste generated from that chemical. CLM will also work closely with customers to improve supply chain efficiencies, reduce costs, and reduce environmental liabilities. The CLM service offering includes: chemical procurement management, chemical transportation and delivery, chemical/gas warehousing and inventory management, on-site chemical and waste management, waste collection services, waste transportation and waste recycling/disposal services. CLM will offer customers a web interface to purchase chemicals, track delivery of chemicals, view detailed material inventory throughout all warehouses and on-site at the production facilities, and track waste activities through the point of recycle or disposal. CLM can also sub-contract many other services, such as, industrial services and on-site wastewater treatment systems through Veolia's wide array of service offerings. Philippe Martin, President and CEO of Veolia ES Technical Solutions stated, “We are very excited to be part of a complete supply chain service provider for our customers not only to manage their waste activities but also to handle chemical procurement, chemical transportation, inventory and on-site chemicals. CLM will provide our customers and Veolia a strategic advantage of participating in all supply chain activities, not just waste activities. Veolia will receive several benefits from this investment, including a broader service relationship with our customers, improvements in forecasting from the increase in visibility of materials throughout the supply chain and our customers will see decreases in cost and liability. Jim Moore , President of Rinchem Company, Inc. stated, “We have enjoyed working with Veolia over the last several years as it is one of the largest waste management companies in the world and provides a variety of services that complement our own. We are very excited to enhance the offering to both of our groups of customers. Over the last few years we have recognized a changing demand from our customers for a more complete supply chain solution. We believe that CLM is the future of chemical management and will evolve the industry from our customers working with numerous logistics entities to manage their chemical supply chains to a single company that can provide a complete solution. This is Chemical Lifecycle Management .” ABOUT VEOLIA ES TECHNICAL SOLUTIONS ABOUT VEOLIA ENVIRONMENTAL SERVICES IN NORTH AMERICA ABOUT RINCHEM COMPANY, INC. PRESS CONTACTS: AJ Bless, Program Manager Jim Dykhuis Veolia ES Technical Solutions |
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