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: http://www.innospecinc.com
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.
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," "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.