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Corporate Social Responsibility
News
5.21.2008 - 03:28pm ET
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Molson Coors Donates Beer Waste Ethanol for Democratic National Convention Flex-Fuel Vehicles
(CSRwire) DENVER, CO -- (MARKET WIRE) -- 05/21/08 -- The Denver 2008 Convention Host
Committee today announced that Molson Coors Brewing Company (NYSE: TAP)
(TSX: TAP), a Host Committee sponsor and a leading global brewer, along
with its U.S. subsidiary, Coors Brewing Company, will be the Official E85
Ethanol Producer for the 2008 Democratic National Convention. Molson Coors
is donating all the clean-burning ethanol fuel for the fleet of General
Motors flex-fuel vehicles to be used for Convention transportation needs.
Coors' ethanol differs from the more common corn-based variety in that it
is made from waste beer generated at their Golden, Colo., brewery.
"From fueling a national conversation about sustainability to fueling
convention vehicles, we're working toward a green convention on every
front," said Denver Mayor John Hickenlooper. "This flex-fuel initiative
highlights Colorado's historic status as an energy and beer capital as
well as its reputation for environmental and economic innovation. We are
grateful for Molson Coors' donation of cleaner-burning fuel to ensure we
host the greenest national political convention to date."
Coors is the nation's first major brewer to convert its waste beer into
ethanol. The company began recycling waste beer -- beer lost during
packaging or deemed below quality standards -- and converting it to
ethanol in 1996, in a facility owned by Merrick & Company and operated by
Coors. Today the Golden ethanol facility produces about three million
gallons of ethanol per year. The production of ethanol from waste beer
also helps Coors eliminate about 70 tons of VOCs (volatile organic
compounds) from its emissions annually.
"By turning waste into fuel, Molson Coors illustrates the innovative
spirit that is making Colorado and our New Energy Economy a leader in
creating sustainable energy sources," Colorado Gov. Bill Ritter said.
"The upcoming Convention will be the perfect opportunity to showcase
Colorado's accomplishments in developing advanced renewable fuels. I
applaud Molson Coors and Coors for helping us do so."
Fuel mixed with ethanol from the Coors facility will help power a fleet of
vehicles provided by General Motors, the Official Vehicle Provider of the
2008 Democratic National Convention. This fleet, which includes vehicles
with biofuel capabilities and hybrid technology, will provide
transportation for numerous delegates, staff, members of the media and
other special Convention guests.
"Minimizing our impact on the environment is the right thing to do and
it's good for our business," said Molson Coors CEO Leo Kiely. "Bill Coors
used to say that waste was a resource out of place -- that thinking still
drives us today to recycle, reuse and reduce our consumption of energy and
materials when and where we can. We are pleased that our waste beer can
fuel the convention fleet and help support an environmentally conscious
convention."
In addition to the ethanol sponsorship, Molson Coors will provide beer for
select Host Committee convention and pre-convention events, meetings, media
briefings, and VIP events. The company is a Presidential-level sponsor
through cash and in-kind services donated to the Convention Host
Committee.
About Molson Coors Brewing Company:
Molson Coors Brewing Company is one of the world's largest brewers.
It brews, markets and sells a portfolio of leading premium quality brands
such as Coors Light, Molson Canadian, Molson Dry, Carling, Coors, and
Keystone Light. It operates in Canada, through Molson Canada; in the US,
through Coors Brewing Company; in the UK and Europe, through Coors Brewers
Limited. For more information on Molson Coors Brewing Company, visit the
company's Web site, http://www.molsoncoors.com.
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