PQ Group Holdings Inc. (NYSE:PQG), a leading integrated and innovative global provider of specialty catalysts, materials, chemicals, and services, today released its first Sustainability Report. This report contains results from 2019 and offers social responsibility goals for 2020 and beyond.
“Since our founding in 1831, we have been committed to manufacturing products that are considered safe for our employees, our customers, and the environment. Manufacturing environmentally sustainable products has been part of our core business since the start, and we are proud to be able to describe to our stakeholders and the public the sustainable nature of PQ’s business,” commented Belgacem Chariag, PQ’s Chairman, President, and Chief Executive Officer.
The report published today features PQ Corporation’s progress against our HSE&S goals, as well as our water, waste, and greenhouse gas emissions results.
Reducing Environmental Impacts through Non-Toxicity and Recycling
PQ Corporation’s products are not considered a significant risk to the environment and this separates it from many of its peers in the industry. PQ’s products are predominantly inorganic, and roughly two-thirds of its developmental products have sustainable attributes.
“We are committed to pollution prevention by eliminating or reducing emissions, discharges, wastes, and the risks associated with our operations and products,” continued Chariag. “We make continual efforts to reduce energy and resource consumption as we conceive and produce materials.”
Planning for the Future
“As we continue to progress on our sustainability journey, we are aligning with applicable UN Sustainable Development Goals (SDGs), the Global Reporting Index (GRI) Standards, and SASB,” said Elaine Simpson, Vice President, Environment and Sustainability (E&S). “We are currently using their metrics as we further our company-wide approach and establish goals for the organization. We believe that these important measures will guide us to a solid social responsibility foundation that can be optimized for years to come.”
To read the full sustainability report, please go to: https://www.pqcorp.com/sustainability/sustainability-performance/. Please visit our website for more information: https://www.pqcorp.com/sustainability/.
Investor Contact:
Nahla A. Azmy
(610) 651-4561
Nahla.Azmy@pqcorp.com
About PQ Group Holdings Inc.
PQ Group Holdings Inc. and subsidiaries is a leading integrated and innovative global provider of specialty catalysts, materials, chemicals and services. We support customers globally through our strategically located network of manufacturing facilities. We believe that our products, which are predominantly inorganic, and services contribute to improving the sustainability of the environment.
We have four uniquely positioned specialty businesses: Refining Services provides sulfuric acid recycling to the North American refining industry; Catalysts serves the packaging and engineering plastics and the global refining, petrochemical and emissions control industries; Performance Materials produces transportation reflective safety markings for roads and airports; and Performance Chemicals supplies diverse product end uses, including personal and industrial cleaning products, fuel-efficient tires, surface coatings, and food and beverage products.
We serve over 4,000 customers globally across many end uses and operate over 70 manufacturing facilities which are strategically located across six continents. For more information, see our website at https://www.pqcorp.com.
Note on Forward-Looking Statements
Some of the information contained in this press release constitutes “forward-looking statements.” Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “projects” and similar references to future periods. These forward-looking statements speak only as of the date of this release. Factors or events that could cause our actual results to differ may emerge from time to time, including those described in the sections titled “Risk Factors” and “Management Discussion & Analysis of Financial Condition and Results of Operations” in our filings with the SEC, which are available on the SEC’s website at www.sec.gov. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable law.
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