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International Rectifier Wins Industry Environmental Award

International Rectifier, IR (NYSE: IRF) announced today that it has won the Environmental Award, one of the Elektra 05 European Electronics Industry Awards. The annual awards are organized by Electronics Weekly, part of publishing powerhouse Reed Electronics Group, in recognition of achievement and innovation in the electronics industry. The awards celebrate companies and people that are achieving the highest standards in driving the industry forward. Speaking on behalf of the independent panel of judges, Electronics Weekly Editor Richard Wilson said, “International Rectifier has set an example of environmental awareness in all its business activities which establishes a great blueprint for other manufacturers to follow.” The judges were looking for firms that have made a significant effort to reduce the environmental impact of their products, manufacturing processes and business practices. Consideration was given to companies throughout the world that have taken a proactive stance towards compliance with European legislation on the disposal of waste materials and restrictions on the use of hazardous substances. For more information, go to the “EW Awards” link at www.electronicsweekly.com. About International Rectifier International Rectifier’s analog, digital and mixed signal ICs, advanced circuit devices, integrated power systems and components enable high performance computing and eliminate energy waste […]

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Volvo Launches World's First CO2-Free Automotive Plant

AB Volvo has decided to make Volvo Trucks’ plant in Tuve the world’s first CO2-free automotive plant. As a result of investments in wind power and biofuel, the plant’s electricity and heat will come from sources that do not emit any carbon dioxide into the atmosphere. “The Greenhouse Effect is a reality and the automotive industry has a specific responsibility for coping with emissions of carbon dioxide,” says Volvo’s Chief Executive Officer Leif Johansson. Combined with efforts to achieve energy savings of up to 20%, Volvo, in cooperation with Goteborg Energi is currently building five large wind power plants and a new biofuel plant adjacent to the Tuve plant. The five wind power plants alone will increase the amount of wind-power generated electricity in Sweden by 4%. When the plant does not fully utilize the produced electricity and heat, the surplus energy will be distributed to other customers via the district heating and electricity network. The wind power plants and the new biofuel plant are scheduled for completion during 2007. “This is not solely an admirable environmental effort,” says Leif Johansson. “We also expect that it will eventually be profitable on a purely commercial basis.” Volvo’s ambition is to make […]

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