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ELECTRONICS | Electronic Components / Lighting & LED
schreder.com

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Partners & Customers

1

About Schreder

Schreder works with partners to create lighting solutions.

Schreder Headquarter Location

Rue de Lusambo 67

Brussels, 1190,

Belgium

+32 23320106

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Schreder Web Traffic

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Latest Schreder News

Production of forever chemicals emits potent greenhouse gases, analysis finds

Sep 16, 2021

EPA data reveals that one of America’s biggest PFAS-making plants is second largest polluter of highly damaging HCFC-22 gas Environmental Protection Agency (EPA) data shows that the Daikin plant in Decatur, Alabama, has released the equivalent of more than 1bn pounds of carbon dioxide. Photograph: Pablo Martínez Monsiváis/AP Environmental Protection Agency (EPA) data shows that the Daikin plant in Decatur, Alabama, has released the equivalent of more than 1bn pounds of carbon dioxide. Photograph: Pablo Martínez Monsiváis/AP Last modified on Thu 16 Sep 2021 06.01 EDT A new analysis of Environmental Protection Agency data has revealed that PFAS chemicals – often known as “forever chemicals” due to their longevity in the environment – are contributing to the climate crisis as their production involves the emission of potent greenhouse gases. In recent years, an ever-expanding body of scientific research has shown that per- and polyfluoroalkyl substances (PFAS) are among the most toxic substances widely used in consumer products. Now the new EPA report shows that one of America’s largest PFAS manufacturing plants is also the second largest polluter of the destructive greenhouse gas HCFC-22, which is about 5,000 times more potent than carbon dioxide. “This is a sad-but-clear example of how toxic chemicals and climate change are connected: manufacturing PFAS chemicals not only pollutes people and the environment, but releases potent greenhouse gases, adding to the climate crisis,” said Erika Schreder, co-author of the report and science director for Toxic-Free Future. HCFC-22 emissions are banned worldwide under the Montreal Protocol, a 1987 international environmental treaty, because the chemical is so destructive to the ozone layer. The plant of the PFAS manufacturer Daikin in Decatur, Alabama, released about 240,000 pounds of HCFC-22 in 2019 – the equivalent of more than 1bn pounds of carbon dioxide, or what would be released from driving 125,000 cars every day for a year. “It seems like you wouldn’t want to let companies release hundreds of thousands of pounds of this gas every year,” Schreder said. Diakin’s plant is one of many PFAS plants around the country, and many of the nation’s top 50 HCFC-22 polluters are “forever chemical” manufacturers. A loophole in the Montreal treaty allows companies to release HCFC-22 when it’s used as an intermediate in production of another chemical, such as PFAS. Daikin’s plant appears to be the nation’s only one that produces PFAS used to make food packaging water and grease resistant, Schreder said. PFAS are also applied to a wide range of consumer products, from cosmetics to clothing to nonstick cookware. Though they make effective barriers, they are also linked to serious health problems like cancer, kidney and liver disease, birth defects, reduced immunity and more. Several states have banned their use in food packaging, and legislation to do the same will soon be introduced in Congress. The report notes that fast-food companies use a large amount of the Daikin plant’s PFAS in their wrappers. Toxic-Free Future used Food and Drug Administration data to estimate that Burger King treats its Whopper wrappers with about 21,900 pounds of PFAS annually, and McDonald’s treats its Big Mac wrappers with about 24,700 pounds of PFAS annually. The nonprofit uses such findings to urge companies to phase out PFAS, and so far has secured commitments from McDonald’s, Whole Foods, Chipotle, Wendy’s and more. “When Burger King decides to continue using PFAS, it needs to know that its decision has very serious impacts on communities in Alabama … and for the planet because of the climate impact,” Schreder said. Toxic-Free Future discovered Daikin’s “dirty secret” as it investigated other environmental threats posed by the factory. At least three workers there have died on the job, and the company has poisoned a drinking water and recreation source for tens of thousands of downstream residents. Daikin recently had to pay $5m to help local municipalities clean up PFAS contamination. Meanwhile, paper mills that produce food packaging treated with Daikin’s PFAS can release the chemicals to nearby water and sludge. FDA data shows that each PFAS-applying mill could be responsible every day for discharges of up to about 180 pounds of PFAS directly to surface water, along with up to 1,600 pounds in sludge, the report notes. Daikin media representatives did not respond to a request for comment. Topics

Schreder Acquisitions

2 Acquisitions

Schreder acquired 2 companies. Their latest acquisition was Sylvania Lighting Solutions on January 24, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/24/2020

Acquired

2

1/24/2020

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$99M

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10

Date

1/24/2020

1/24/2020

Investment Stage

Companies

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Valuation

Total Funding

$99M

Note

Acquired

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Sources

2

10

Schreder Partners & Customers

1 Partners and customers

Schreder has 1 strategic partners and customers. Schreder recently partnered with Axis Communications, Genetec, and Microsoft on November 11, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

11/11/2019

Partner

Axis Communications, Genetec, and Microsoft

Sweden, Canada, and United States

Genetec partners with Axis, Microsoft, Schréder for Smart City World Congress

Genetec recently announced its plans to participate at Smart City Expo World Congress 2019 , Barcelona , from 19-21 November 2019 , where it will be exhibiting in three separate locations around the show floor , alongside its technology partners Axis Communications , Microsoft and Schréder .

1

Date

11/11/2019

Type

Partner

Business Partner

Axis Communications, Genetec, and Microsoft

Country

Sweden, Canada, and United States

News Snippet

Genetec partners with Axis, Microsoft, Schréder for Smart City World Congress

Genetec recently announced its plans to participate at Smart City Expo World Congress 2019 , Barcelona , from 19-21 November 2019 , where it will be exhibiting in three separate locations around the show floor , alongside its technology partners Axis Communications , Microsoft and Schréder .

Sources

1

Schreder Team

3 Team Members

Schreder has 3 team members, including former Chief Financial Officer, Marc Saint-Paul.

Name

Work History

Title

Status

Marc Saint-Paul

Chief Financial Officer

Former

Antoine de Ryckel

Chief Marketing Officer

Former

Hugues WILLIAMSON

Controller

Former

Name

Marc Saint-Paul

Antoine de Ryckel

Hugues WILLIAMSON

Work History

Title

Chief Financial Officer

Chief Marketing Officer

Controller

Status

Former

Former

Former

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