Innospec Publishes 2016 Responsible Business Report
23 Octobre 2017 - 3:00PM
Innospec (NASDAQ:IOSP) today announced that it has published its
eighteenth annual Responsible Business Report, which provides an
overview of the company’s progress and activities in 2016. The
report outlines the company’s sustainability strategy which is
developed over the four pillars of responsible business; economic,
social, environment and governance.
Key highlights from 2016 include:
- Acquisition of European surfactants business form Huntsman,
enhancing the range of technology-based solutions for our customers
and adding three new European manufacturing facilities to our
operations.
- Continued focus on reducing our Energy, Greenhouse Gas,
Hazardous Waste and Water usage.
- 8% reduction in numbers of accidents
- 48% reduction in the amount of material involved in loss of
containment events.
- A total of 1,386 employees and contractors taking part in
Innospec online compliance training programs
- Supporting 111 charities local to our operations with the
donation of almost $245,000 and participation in a number of fund
raising and sponsorship events.
- Independent assurance of report to the globally recognised
AA1000 Assurance standard.
Patrick S. Williams, President and Chief
Executive Officer, said, “We are pleased to publish our eighteenth
Responsible Business Report highlighting the progress we have made
to date. We recognise that sustainability underpins everything we
do. In 2016, we continued to deliver our ambitious growth
strategy with the acquisition of the European surfactants business
which enhances our offerings to customers in the personal,
homecare, agrochemical, mining and industrial markets. Despite the
challenging market conditions in some sectors, we ended the year in
a strong financial position. We have been able to establish
solid foundations for the future of our employees, customers and
shareholders."
To read the full Innospec 2016 Responsible Business Report,
please visit www.innospecinc.com.
About Innospec Inc.
Innospec Inc. is an international specialty
chemicals company with approximately 1800 employees in 23
countries. Innospec manufactures and supplies a wide range of
specialty chemicals to markets in the Americas, Europe, the Middle
East, Africa and Asia-Pacific. The Fuel Specialties business
specializes in manufacturing and supplying fuel additives that
improve fuel efficiency, boost engine performance and reduce
harmful emissions. Oilfield Services provides specialty chemicals
to all elements of the oil & gas exploration and production
industry. The Performance Chemicals business creates
innovative technology-based solutions for our customers in the
Personal Care, Home Care, Agrochemical, Mining and Industrial
markets. Octane Additives produces octane improvers to
enhance gasoline.
Forward-Looking Statements
This press release contains certain
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements
other than statements of historical facts included or incorporated
herein may constitute forward-looking statements. Such
forward-looking statements include statements (covered by words
like “expects,” “estimates,” “anticipates,” “may,” “believes,”
“feels” or similar words or expressions, for example) which relate
to earnings, growth potential, operating performance, events or
developments that we expect or anticipate will or may occur in the
future. Although forward-looking statements are believed by
management to be reasonable when made, they are subject to certain
risks, uncertainties and assumptions, and our actual performance or
results may differ materially from these forward-looking
statements. Additional information regarding risks,
uncertainties and assumptions relating to Innospec and affecting
our business operations and prospects are described in Innospec’s
Annual Report on Form 10-K for the year ended December 31, 2016 and
other reports filed with the U.S. Securities and Exchange
Commission. You are urged to review our discussion of risks
and uncertainties that could cause actual results to differ from
forward-looking statements under the heading "Risk Factors” in such
reports. Innospec undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
Contacts:
Brian WattInnospec
Inc.+44-151-355-3611Brian.Watt@innospecinc.com
Innospec (NASDAQ:IOSP)
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