Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political,
and capital markets conditions
and other factors beyond the Company's control, including natural
and other disasters or climate change affecting the
operations of the Company or its customers
and suppliers; (2) the Company's credit ratings
and its cost of capital; (3) competitive conditions
and customer preferences; (4) foreign currency exchange rates
and fluctuations in those rates; (5) the timing
and market acceptance of new product offerings; (6) the availability
and cost of purchased components, compounds, raw materials
and energy (including
oil and natural
gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural
and other disasters
and other events); (7) the impact of acquisitions, strategic alliances, divestitures,
and other unusual events resulting from portfolio management actions
and other evolving business strategies,
and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a
global enterprise resource planning (ERP) system, or security breaches
and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension
and postretirement plans;
and (11) legal proceedings, including significant developments that could occur in the legal
and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017,
and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
With CCS, instead of releasing carbon dioxide from
oil and gas operations into the atmosphere, where the emissions contribute to
global warming, that CO2 is converted into liquid
and pumped underground to be sequestered indefinitely in porous rock formations.