Styron, the global materials company and manufacturer of plastics, latex and rubber, has published its 2013 Sustainability and Corporate Social Responsibility (CSR) Report. This marks the company’s fourth report since its formation in 2010.
In 2013 the company continued its trend of reducing its environmental footprint, as measured by a range of environmental performance indicators. Compared with the 2012 performance, the company achieved reductions in 2013 in the following areas:
The report profiles how the company’s products help its customers improve their own sustainability in areas such as LED lighting, green tires, smart meters, life-saving medical devices, and lighter weight cars that get better mileage. The report also outlines Styron’s programs in product stewardship, quality, safety, ethics and compliance, volunteerism, and Responsible Care®.
“At Styron, our sustainability commitment is an integral part of our business strategy,” said Chris Pappas, President and CEO of Styron. “We continue our work to reduce Styron’s environmental footprint, while developing new innovative solutions that benefit our customers and the world.”
The report is available online at www.styron.com/sustainability.
Styron previously announced plans to change the name of all Styron affiliated companies to Trinseo, NYSE: TSE. Some, but not all, of the Styron companies have completed the name change process and are currently known as Trinseo; Styron companies that have not completed this process will continue to do business as Styron until their respective name changes are complete. Styron's operating companies also continue to do business as Styron at this time.
Styron is a leading global materials company and manufacturer of plastics, latex and rubber, dedicated to collaborating with customers to deliver innovative and sustainable solutions. Styron’s technology is used by customers in industries such as home appliances, automotive, building & construction, carpet, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. Styron had approximately $5.3 billion in revenue in 2013, with 19 manufacturing sites around the world, and approximately 2,100 employees. More information can be found at www.styron.com.
This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. Forward-looking statements in this press release may include, without limitation, forecasts of growth, revenues, business activity, acquisitions, financings and other matters that involve known and unknown risks, uncertainties and other factors that may cause results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. As a result of the foregoing considerations, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. 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.
® Responsible Care is a registered service mark of the American Chemistry Council in the United States