LAS VEGAS, Oct. 31, 2012 /PRNewswire/ -- American Pacific Corporation (NASDAQ: APFC) announced today that its wholly-owned subsidiary AMPAC Fine Chemicals LLC (AFC) has been awarded the Environmental Excellence Award for Green Chemistry / Green Engineering from the Industrial Environmental Association (IEA), Chemical Industry Council of California (CICC), and the California Manufacturers and Technology Association (CMTA).
Working in partnership with the State of California's Department of Toxic Substance Control (DTSC) and our customers, AFC has been able to reclassify three of their solvent streams as recyclable materials. This has resulted in significant reductions in the use of virgin raw materials and generation of hazardous wastes. This achievement recognizes AFC's dedication to Green Chemistry.
AFC is recognized as one of the leaders within California's chemical industry for environmental sustainability. This recent award is one of six awards that AFC has received in the past five years associated with green chemistry and sustainable business practices.
Dr. Aslam Malik, President of AFC, said, "This award results from our continued focus on process improvements. Our goal is to improve our processes by increasing throughput, and reducing cycle time, emissions, raw material usage and waste, which in turn benefits the 'triple bottom line': environment, community and business performance."
AFC has also recently been recognized by the U.S. Department of Energy, as well as other national and international industry-based monitoring groups, for continuous reduction in energy consumption even with an increase in the pace of business operations.
The award was presented to Ashley Wong, AFC Environmental Engineer, by Jack Monger, President of IEA, John Ulrich, Executive Director, CICC, and Mike Rogge, Legislative Director, Environment Quality from CMTA.
ABOUT AMPAC FINE CHEMICALS LLC
AFC is a U.S.-based company with demonstrated capabilities in process development, scale-up, and cGMP-compliant commercial production of active pharmaceutical ingredients (APIs) and registered intermediates for pharmaceutical and biotechnology customers. Additional information about AFC can be obtained by visiting our web site at www.ampacfinechemicals.com.
ABOUT AMERICAN PACIFIC CORPORATION
AMPAC is a leading custom manufacturer of fine and specialty chemicals. AMPAC supplies active pharmaceutical ingredients and advanced intermediates to the pharmaceutical industry. For the aerospace and defense industry, AMPAC provides specialty chemicals used in solid rocket motors for space launch and military missiles. AMPAC produces clean agent chemicals for the fire protection industry, as well as electro-chemical equipment for the water treatment industry. Additional information about can be found at www.apfc.com.
ABOUT CALIFORNIA MANUFACTURERS & TECHNOLOGY ASSOCIATION (CMTA)
California Manufacturers & Technology Association (CMTA) is a trade association with the mission to improve and preserve a strong business climate for California's 25,000 small and large manufacturers, processors and technology-based companies. California manufacturers employ 1.5 million Californians and contribute billions of dollars to the state's economy. CMTA membership includes over 750 businesses representing chemical, aerospace, high-tech, biotech, pulp and paper, glass, oil, steel and others.
ABOUT CHEMICAL INDUSTRY COUNCIL OF CALIFORNIA (CICC)
The Chemical Industry Council of California (CICC) is a voluntary trade association comprised of large and small chemical manufacturers, distributors and allied businesses throughout California representing 105 facilities.
ABOUT INDUSTRIAL ENVIRONMENTAL ASSOCIATION (IEA)
Founded in 1983, the IEA includes over 60 corporate members in a variety of industries including manufacturing, engineering, consulting, energy, biotech and waste management. IEA members endeavor to achieve a balanced relationship between environmental protection, public health and economically sustainable growth. Our members do this by promoting environmental responsibility through effective communication and interaction with our members, government, regulatory agencies, business and the community.
Statements contained in this press release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including without limitation statements regarding anticipated benefits and outcomes from our manufacturing process improvements and the related environmental impact and effect on future business performance. The inclusion of forward-looking statements should not be regarded as a representation by American Pacific Corporation and its affiliates (collectively, "American Pacific") that any of American Pacific's expectations will be achieved. Actual results may differ materially from future results or outcomes expressed or implied by forward-looking statements set forth in this press release due to risks, uncertainties and other important factors inherent in American Pacific's business. Factors that could cause actual results to differ materially from such forward-looking statements include risks and uncertainties detailed in AMPAC's periodic and other filings with the Securities and Exchange Commission, including in Management's Discussion and Analysis of Financial Condition and Results of Operations and in Risk Factors in AMPAC's annual report on Form 10-K for the fiscal year ended September 30, 2011 and quarterly reports on Form 10-Q for the quarters ended December 31, 2011, March 31, 2012 and June 30, 2012. All forward-looking statements contained in this release are made as of the date hereof, based on information available to AMPAC as of the date hereof, and AMPAC assumes no obligation to update any forward-looking statement, whether for actual results or otherwise, except as required by law.
William DuBay, Ph.D., Vice President,
Technology and Business Development
AMPAC Fine Chemicals
+1 (888) 330-2232
+1 (916) 357-6880
American Pacific Corporation
+1 (702) 735-2200
SOURCE American Pacific Corporation