Cabot Corporation Achieves Operation Clean Sweep® Europe Certification
05 Giugno 2024 - 3:00PM
Business Wire
Underscores company’s commitment to advancing
responsible plastic management practices to enable a more
sustainable future
Cabot Corporation (NYSE: CBT) today announced it has attained
Operation Clean Sweep® (OCS) Europe certification at its two
masterbatch and compounding facilities in Pepinster and Loncin,
Belgium. The company is one of the first black masterbatch
manufacturers in Europe to earn this third-party certification.
Achieving OCS Europe certification at these facilities is a
testament to the company’s unwavering commitment to acting
responsibly for the planet by implementing responsible management
practices that reduce plastic waste in the environment.
“As a leading global black masterbatch manufacturer, we
understand the role that Cabot plays in setting an example in the
plastics supply chain to operate responsibly,” said Jeff Zhu,
executive vice president and president, Carbon & Silica
Technologies, Battery Materials and Asia Pacific Region. “At Cabot,
we take a targeted, proactive approach to minimize plastic waste at
our facilities through a hierarchy of management practices that
also help prevent inadvertent spillage of materials used for our
operations. By achieving OCS Europe certification, our customers
have validation that we are committed to implementing and
continuously improving our responsible plastic management practices
as we progress in our sustainability journey to reduce our overall
impact on the environment.”
The OCS Europe certification scheme is aimed at controlling and
documenting the compliance of companies throughout the entire
plastics supply chain with requirements to prevent pellets, powders
and flakes from being released into the environment. As such, the
requirements of this certification are developed based on the six
pillars of OCS: improve worksite set-up to prevent and address
spills, create internal procedures to achieve zero plastic material
loss, provide employee training and accountability, auditing, legal
compliance and raising awareness among value chain partners.
The certification scheme was initiated and advocated for by two
prominent industry associations, Plastics Europe and the European
Plastics Converters (EuPC), marking a significant step forward in
the collective effort to minimize waste and pellet leakage into the
environment. Cabot has played an instrumental role in this process,
notably through its leadership within the European Masterbatches
& Compounders Association (EuMC), a sector group of EuPC. Cabot
has been at the forefront of advocating for and implementing the
OCS certification scheme across Europe, demonstrating its
dedication to advancing sustainable practices within the plastics
industry.
Furthermore, since 2019, Cabot has pledged its support for OCS,
an industry-led program that supports companies in their goal
towards achieving zero plastic resin loss in operations. Cabot has
also launched comprehensive plans to implement OCS protocols,
including facility and equipment assessments to mitigate plastic
pellet loss risks such as loading, transport, drainage and
wastewater access points. Through training, continuous
communication and incident reporting, Cabot cultivates a culture of
awareness and responsibility among its employees.
For more information about how Cabot is enabling a more
sustainable future, visit cabotcorp.com/sustainability.
ABOUT CABOT CORPORATION
Cabot Corporation (NYSE: CBT) is a global specialty chemicals
and performance materials company headquartered in Boston,
Massachusetts. The company is a leading provider of reinforcing
carbons, specialty carbons, battery materials, engineered elastomer
composites, inkjet colorants, masterbatches and conductive
compounds, fumed metal oxides and aerogel. For more information on
Cabot, please visit the company’s website at cabotcorp.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: Statements in the press release regarding
Cabot's business that are not historical facts are forward looking
statements that involve risks and uncertainties. For a discussion
of such risks and uncertainties, which could cause actual results
to differ from those contained in the forward looking statements,
see "Risk Factors" in the Company's Annual Report on Form 10-K.
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version on businesswire.com: https://www.businesswire.com/news/home/20240605177464/en/
Emily Moran Corporate Communications emily.moran@cabotcorp.com
(617) 460-4517 Steve Delahunt Investor Relations
steve.delahunt@cabotcorp.com (617) 342-6255
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