Hudson Technologies Creates
Energy Optimization Plan for Chrysler’s Industrial Complex
Steam Energy Savings Assessment Leads to Energy Optimization
Strategy
for St. Louis Assembly Complex; Project to Save Up to $400,000 in
Annual Energy Costs
Pearl River, NY – October 15, 2007
– Hudson Technologies
(NASDAQ: HDSN) today announced it has completed a steam energy
optimization project focusing on the boiler operations at Chrysler’s
St. Louis Assembly Complex. This optimization project was a
follow-on to a
Steam Energy Savings Assessment that Hudson performed in July
2006 as part of the U.S. Department of Energy’s Save Energy Now
program. Following the DOE assessment, Chrysler contracted Hudson in
December 2006 to develop a policy to optimize the St. Louis Assembly
Complex’s boiler operation utilizing findings from the initial DOE
assessment and Hudson’s optimization expertise.
“Hudson worked closely with our team to create an
optimization policy and train plant personnel on key operational
elements,” said Reginald Modlin, Director of Environmental & Energy
Planning for Chrysler. “As a result of these optimization efforts,
we will experience up to $400,000 in annual savings, reduced CO2
emissions, improved operational conditions, increased reliability
and decreased maintenance costs at the St. Louis Assembly Complex.”
After analyzing the performance of the boiler plant,
Hudson created an optimized operation and load management plan to
help Chrysler realize the energy and cost savings that Hudson
identified. Hudson also completed a detailed analysis to accurately
quantify the energy and cost benefits of the optimization strategy,
which included an evaluation of any risks that may occur when
implementing the policy. Hudson then offered hands-on onsite
training for the boiler plant operators on the upgraded plant
operations and load management plan.
“The Energy Savings Assessments
offered by the U.S. Department of Energy are a great platform for
Hudson to build positive and beneficial relationships with energy
conscious companies like Chrysler to help them realize significant
savings and operate at optimal levels,” said
Riyaz Papar,
P.E., Director of Energy Assets and Optimization, Hudson
Technologies. “This project will reduce greenhouse gas emissions and
produce significant energy cost savings to the St. Louis Chrysler
Complex. It demonstrates the favorable economic and environmental
impacts that can be achieved by obtaining a professional energy
assessment and implementing energy optimization strategies.”
“Industrial plants all over the United States can
benefit from a Steam Energy Savings Assessment and a steam energy
optimization program developed using the results of the assessment,”
said Kevin
Zugibe, P.E., Chairman and CEO, Hudson Technologies. “These
plants typically view energy as a fixed cost. However, new tools and
methods have evolved to identify opportunities to reduce energy
consumption and realize significant energy savings opportunities.
With these tools and methods, the capability exists to save hundreds
of millions of dollars in energy costs annually. In these times of
rising energy costs and heightened environmental awareness, saving
energy should be a national priority and goal. We will continue to
develop products and services to help businesses enhance their
energy efficiency and improve operating margins.”
Hudson will continue to perform Steam Energy Savings
Assessments for the DOE throughout 2007 and anticipates that other
Fortune 500 companies will further utilize Hudson’s expertise.
Additional information on the Department of Energy’s
Save Energy Now campaign can be found at:
http://www1.eere.energy.gov/industry/saveenergynow/
About Chrysler
Chrysler, which manufactures Chrysler,
Jeep and Dodge vehicles, is dedicated to protecting the health of
its communities, natural resources and the global environment. The
company addresses environmental challenges by working continuously
to improve the environmental performance of its products and
operations. The company supports the development of advanced
sustainable technologies and is an industry leader in promoting the
use of alternative fuels.
About Hudson
Hudson is a leading provider of
innovative solutions to recurring problems within the refrigeration
industry. Hudson’s proprietary RefrigerantSide® Services increase
operating efficiency and energy savings, and remove moisture, oils
and other contaminants frequently found in the refrigeration
circuits of large comfort cooling and process refrigeration
systems. Performed at a customer’s site as an integral part of an
effective scheduled maintenance program or in response to
emergencies, RefrigerantSide® Services offer significant savings to
customers due to their ability to be completed rapidly and at higher
purity levels, and can be utilized while the customer’s system
continues to operate. In addition, the Company sells refrigerants
and provides traditional reclamation services to the commercial and
industrial air conditioning and refrigeration markets. For further
information on Hudson, please visit the Company’s web site at
www.hudsontech.com.
Media Contacts
Eric Anderson
Coltrin & Associates (for Hudson
Technologies)
212-221-1616 ext.117
eric_anderson@coltrin.com
