AdvanSix Achieves ISCC PLUS Certification Advancing Sustainable Manufacturing Across Its Value Chain
02 Abril 2024 - 7:55AM
Business Wire
AdvanSix (NYSE: ASIX), a diversified chemistry
company, today announced it has been certified to the International
Sustainability and Carbon Certification (ISCC) PLUS standard for
three of its manufacturing sites, including Frankford, Pa.,
Hopewell, Va. and Chesterfield, Va.
ISCC PLUS is a globally recognized, voluntary certification
system for developing sustainable supply chains. Verified through
an in-depth audit, the ISCC PLUS certification verifies and
validates the adoption of clear, transparent and traceable
practices, especially for organizations applying the mass balance
approach to track amounts and sustainability characteristics of
feedstocks. This approach tracks AdvanSix’s use of recycled
materials at its sites to support the transition to circular
economy principles – reduce, reuse and recycle.
“AdvanSix is dedicated to enabling solutions that not only
reflect our sustainability focus, but also help our customers
transform and meet their own environmental goals, all while
building a socially responsible future,” said AdvanSix President
and CEO, Erin Kane. “Achieving ISCC PLUS certification reflects our
commitment to supporting sustainable manufacturing for a better
world.”
The current ISCC PLUS certification covers AdvanSix’s vertically
integrated sites in Frankford, Hopewell and Chesterfield, which
supports production of nylon solutions, plant nutrients and
chemical intermediates.
This new certification complements AdvanSix’s existing recycled
nylon product lines with 100% post-industrial recycled content or
100% post-consumer recycled content, each bearing SCS Recycled
Content Certifications. AdvanSix’s ISCC PLUS certification enables
customers to accelerate progress in meeting their sustainability
goals in the creation of many downstream products, from robust
packaging and fashionable textiles to fuel-efficient cars and
durable electrical wiring.
About AdvanSix
AdvanSix is a diversified chemistry company that produces
essential materials for our customers in a wide variety of end
markets and applications that touch people’s lives. Our integrated
value chain of our five U.S.-based manufacturing facilities plays a
critical role in global supply chains and enables us to innovate
and deliver essential products for our customers across building
and construction, fertilizers, agrochemicals, plastics, solvents,
packaging, paints, coatings, adhesives, electronics and other end
markets. Guided by our core values of Safety, Integrity,
Accountability and Respect, AdvanSix strives to deliver
best-in-class customer experiences and differentiated products in
the industries of nylon solutions, plant nutrients, and chemical
intermediates. More information on AdvanSix can be found at
https://www.advansix.com.
Forward Looking Statements
This release contains certain statements that may be deemed
“forward-looking statements” within the meaning of Section 21E of
the Securities Exchange Act of 1934, as amended. All statements,
other than statements of historical fact, that address activities,
events or developments that our management intends, expects,
projects, believes or anticipates will or may occur in the future
are forward-looking statements. Forward-looking statements may be
identified by words such as "expect," "anticipate," "estimate,"
“outlook,” "project," "strategy," "intend," "plan," "target,"
"goal," "may," "will," "should" and "believe" and other variations
or similar terminology and expressions. Although we believe
forward-looking statements are based upon reasonable assumptions,
such statements involve known and unknown risks, uncertainties and
other factors, many of which are beyond our control and difficult
to predict, which may cause the actual results or performance of
the Company to be materially different from any future results or
performance expressed or implied by such forward-looking
statements. Such risks and uncertainties include, but are not
limited to: general economic and financial conditions in the U.S.
and globally; the potential effects of inflationary pressures,
labor market shortages and supply chain issues; instability or
volatility in financial markets or other unfavorable economic or
business conditions caused by geopolitical concerns, including as a
result of the conflict between Russia and Ukraine, the conflict in
Israel and Gaza, and the possible expansion of such conflicts; the
effect of the foregoing on our customers’ demand for our products
and our suppliers’ ability to manufacture and deliver our raw
materials, including implications of reduced refinery utilization
in the U.S.; our ability to sell and provide our goods and
services; the ability of our customers to pay for our products; any
closures of our and our customers’ offices and facilities; risks
associated with increased phishing, compromised business emails and
other cybersecurity attacks, data privacy incidents and disruptions
to our technology infrastructure; risks associated with employees
working remotely or operating with a reduced workforce; risks
associated with our indebtedness including compliance with
financial and restrictive covenants, and our ability to access
capital on reasonable terms, at a reasonable cost, or at all, due
to economic conditions or otherwise; the impact of scheduled
turnarounds and significant unplanned downtime and interruptions of
production or logistics operations as a result of mechanical issues
or other unanticipated events such as fires, severe weather
conditions, natural disasters, pandemics and geopolitical conflicts
and related events; price fluctuations, cost increases and supply
of raw materials; our operations and growth projects requiring
substantial capital; growth rates and cyclicality of the industries
we serve including global changes in supply and demand; failure to
develop and commercialize new products or technologies; loss of
significant customer relationships; adverse trade and tax policies;
extensive environmental, health and safety laws that apply to our
operations; hazards associated with chemical manufacturing, storage
and transportation; litigation associated with chemical
manufacturing and our business operations generally; inability to
acquire and integrate businesses, assets, products or technologies;
protection of our intellectual property and proprietary
information; prolonged work stoppages as a result of labor
difficulties or otherwise; failure to maintain effective internal
controls; our ability to declare and pay quarterly cash dividends
and the amounts and timing of any future dividends; our ability to
repurchase our common stock and the amount and timing of any future
repurchases; disruptions in supply chain, transportation and
logistics; potential for uncertainty regarding qualification for
tax treatment of our spin-off; fluctuations in our stock price; and
changes in laws or regulations applicable to our business. You are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this release. Such
forward-looking statements are not guarantees of future
performance, and actual results, developments and business
decisions may differ from those envisaged by such forward-looking
statements. We identify the principal risks and uncertainties that
affect our performance in our filings with the Securities and
Exchange Commission (SEC), including the risk factors in Part 1,
Item 1A of our Annual Report on Form 10-K for the year ended
December 31, 2023, as updated in subsequent reports filed with the
SEC.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240327250164/en/
Media Janeen Lawlor (973) 526-1615
janeen.lawlor@advansix.com
Investors Adam Kressel (973) 526-1700
adam.kressel@advansix.com
AdvanSix (NYSE:ASIX)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
AdvanSix (NYSE:ASIX)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024