ENV-00-186 Coordinating Remediation with Property Reuse

Description:

Petrochemical companies want to “unlock” cash that is tied-up in surplus real estate, such as old tank farms and refineries. However, most corporations are risk-adverse and concerned about the potential for future environmental liabilities. There are techniques available to the petrochemical industry to optimize financial returns while managing risk. Our “Use-Based Approach” has successfully transformed Manufactured Gas Plant sites, refineries, tank farms, and chemical factories into cash while lowering cleanup costs and reducing corporate risk concerns. Utilizing actual case studies, this session will describe how to: • Hold the line on clean-up costs • Structure corporate risk management packages • Market environmentally-impaired property • Manage community relations and regulatory negotiations • Structure transactions • Optimize corporate financial results