On Tuesday, October 18, 2011, our CEO, John Sohl will present Tapping into Global Site Characterization Opportunities and Challenges using Proven, Rapid, Innovative Solutions during the International Remediation & Sustainable Energy Solutions platform session. This year, the 27th Annual International Conference on Soils, Sediments, Water and Energy will be hosted at the University of Massachusetts in Amherst, MA. The theme for this year’s conference will be assessment, remediation, regulation and the energy environmental interface with over 140 presenters, 50 posters, 11 workshops, and 48 exhibitors.
According to Environmental Business International, the global market for the environmental technology sector in 2008 was estimated at $782 billion, with 63% of this or $493 billion comprised from the Non-US Market. This is a huge opportunity within itself as only 37% or $299 billion is encompassed within the US Market. According to the Department of Commerce trade statistics, US environmental technologies product exports totaled $39 billion in 2007 with the top ten export markets being Canada, Mexico, Germany, China, Japan, South Korea, United Kingdom, Singapore, France, and Taiwan.
By recently supporting our first direct sensing project in Mexico City, we were able to learn more about the challenges presented by the global site characterization market such as intellectual property protection, preferential procurement, lengthy or non-transparent project approval process, government authority issues, legal and regulatory framework issues, financing, limits on foreign equity ownership, lack of adequate energy infrastructure, and incompatible standards.
Attending John’s presentation, you’ll learn about:
- The effectiveness of remediation focused site characterization technologies with real-time capabilities when making environmental liability decisions on an international level
- How global corporations are now interested in deploying proven, rapid, innovative solutions to reliably assess contaminated sites on a comprehensive basis
- Opportunities as well as challenges presented while engaging in international work and supporting larger firms overseas.
For more information on this conference and to register, visit the UMass Soils website.