HOMER
CITY, Pa., Feb. 27, 2024 /PRNewswire/ -- Today,
Chemstream Inc., in conjunction with CNX Resources
Corporation (NYSE: CNX), announced it has become the first
service provider to fully comply with the historic Radical
Transparency initiative, which was launched as part of the
collaboration between CNX and Pennsylvania Governor Josh Shapiro's Administration in November 2023.
Across the company, Chemstream, a leading specialty chemical
manufacturing and distribution company that supports a wide range
of industries, has been working to ensure their robust chemical
additive disclosures rapidly meet the high standards of this
commitment to heighten operational transparency, including chemical
use, in collaboration with state environmental regulators and the
public.
Previously, Chemstream had several chemicals with components
listed as "proprietary" in disclosures. In an effort to mirror
unprecedented access to real-time chemical data used in oil and gas
development, these particular chemicals will no longer have
components listed as such, regardless of the operator Chemstream is
servicing.
"For years, we have had an exceptional partnership with CNX and
are excited to stand beside CNX and the Shapiro Administration in
this first-of-its-kind initiative now and in the future," says
Dave McCombie, President of
Chemstream. "Chemstream is very intentional about how we
conduct business because of our longstanding and special
relationship with the communities and people where we live and
work."
Chemstream is committed to being a sustainable organization for
the future and a leader in the specialty chemical industry by
meeting the toughest ethical and legal standards. This
announcement, which will apply company-wide, is the latest example
of this business mindset in action.
"We're on a mission to move beyond political rhetoric and
sensationalism to ensure that public policy decisions around energy
and environmental issues in the Commonwealth are grounded in facts
and data," says Nick Deiuliis,
President and CEO of CNX Resources. "The Chemstream team is the
first to step up to join our Radical Transparency efforts, but we
know they won't be the last. We look forward to working together to
change the debate by open sourcing real-time data for all to see,
and creating an atmosphere of transparency and mutual trust which
can serve as the basis for cooperation and real environmental and
economic progress."
"It has long been a priority for environmental advocates,
community leaders, and Pennsylvanians in communities across the
Commonwealth to know exactly what chemicals are being used in the
natural gas drilling process. Chemstream is a significant provider
of those chemicals and well pad services in Pennsylvania and around the country — and they
have agreed to total and complete transparency of those chemicals,
in line with our collaboration with CNX," said Pennsylvania Governor Josh Shapiro. "My Administration has been
aggressively engaging with other companies to join with CNX and
Chemstream for greater transparency, and to better protect public
health and safety."
About Chemstream
Established in 1997, Chemstream, Inc. is a nationwide
leading chemical company. With locations across the country in
Pennsylvania, Illinois, North
Dakota, Ohio, Texas, West
Virginia, Alabama and
Indiana, Chemstream is equipped to
provide customizable chemical solutions for industrial water
treatment, oil & gas, mining, manufacturing, and much more. Our
rich history and unparalleled growth over the past 10 years is a
direct result of the Chemstream culture and approach to business.
For more information about Chemstream Inc. visit
www.Chemstream.com
Media Contact
Jesse Krieg, Vice President, Oil
& Gas
jesse.krieg@chemstream.com
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SOURCE Chemstream Inc.