ENFOS, Inc. today announced that Chemours has entered into a definitive agreement to implement the ENFOS Environmental Liability Management Platform. Chemours will deploy ENFOS software solutions to support the management of their remediation program including project and program management, lifecycle strategy and financial planning, reserve management, vendor proposals, work authorizations, and expenditure management. Additionally, ENFOS will be seamlessly integrated with Chemours' financial system (SAP) in order to facilitate financial reconciliation and corporate reporting.Roger Well, ENFOS, Inc., Executive Vice President / COO, states “Chemours has a mature remediation program and has a highly experienced team that will benefit from an enterprise approach that standardizes core business processes and data management.” According to Mr. Well, “ENFOS will support Chemours’ philosophy of adopting industry best practices to improve performance.”
About Chemours, LLC:
The Chemours Company helps create a colorful, capable and cleaner world through the power of chemistry. Chemours is a global leader in titanium technologies, fluoroproducts and chemical solutions, providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. Chemours ingredients are found in plastics and coatings, refrigeration and air conditioning, mining and oil refining operations and general industrial manufacturing. Our flagship products include prominent brands such as Teflon™, Ti-Pure™, Krytox™, Viton™, Opteon™ and Nafion™. Chemours has approximately 8,000 employees across 25 manufacturing sites serving more than 5,000 customers in North America, Latin America, Asia-Pacific and Europe. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC. For more information please visit chemours.com.
ENFOS is a SaaS platform that expertly manages all the complexities of remediation and asset decommissioning including reporting and disclosure requirements associated with ASC 410 and IFRS standards. ENFOS technology supports seemingly disparate data types and processes such as technical data and financial data to unlock the unknowns like root cause, cost drivers, and best practices.
The company’s solution integrates easily with customers’ ERP systems and legacy applications, providing for seamless real-time knowledge. Customers include BP, Total, Kinder Morgan, ConocoPhillips, Celanese, 7-Eleven, Canadian National Railway, Ashland and The RACER Trust.
ENFOS, Inc. is headquartered in San Mateo, California, with offices in the Chicago area, and China. For more information, contact us or call us at 1 (888) 838-7767.
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