Innospec Reports Further Improvements as it Issues Its 2012 Sustainable
LITTLETON, Colo., Oct. 3, 2013 (GLOBE NEWSWIRE) -- Innospec Inc. (Nasdaq:IOSP)
today announced that the company has published its Sustainable Development
Report for 2012.
Patrick Williams, President and CEO, said, "The publication of our annual
Sustainable Development report marks yet another step forward in our goals of
producing products which bring about environmental benefits, and doing so in a
manner which is compliant, safe and leaves only gentle footprints on the
environment. We are firm believers in 'what gets measured gets attention,' and
I am pleased to report that we have been able to further extend the scope of
our report to reflect the wider areas of activity. It is also important that
we are engaging with other stakeholders, including our customers, to help us
identify future priorities."
Peter Shields, Group Director of Safety, Heath and Environment, added "Our key
statistics as regards the safety of our operations, the energy and waste we
produce and the impact of our operations on the environment all show positive
trends, although the rate of improvement reflects the increasing complexity of
the improvement projects. We continue to invest in terms of increased
resources and capital, to bring about further improvements."
Copies of the report are available on request, or can be downloaded at:
About Innospec Inc.
Innospec Inc. is an international specialty chemicals company with
approximately 900 employees in 20 countries. Innospec manufactures and
supplies a wide range of specialty chemicals to markets in the Americas,
Europe, the Middle East, Africa and Asia-Pacific. Innospec's Fuel Specialties
business specializes in manufacturing and supplying the fuel additives that
help improve fuel efficiency, boost engine performance and reduce harmful
emissions. Innospec's Performance Chemicals business provides effective
technology-based solutions for our customers' processes or products focused in
the Personal Care; Polymers; and Fragrance Ingredients markets. Innospec's
Octane Additives business is the world's only producer of tetra ethyl lead.
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," "anticipates,"
"may," "believes" or similar words or expressions), for example, which relate
to operating performance, events or developments that we expect or anticipate
will or may occur in the future (including, without limitation, any of the
Company's guidance in respect of sales, gross margins, pension liabilities and
charges, net income, growth potential and other measures of financial
performance). 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 the Company and affecting our
business operations and prospects are described in the Company's Annual Report
on Form 10-K for the year ended December 31, 2012, 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. The Company undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise.
CONTACT: Brian Watt
Robert D. Ferris
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