Wynyard, UK – Venator – a leading supplier of specialty chemicals and ingredients – was shortlisted for a prestigious sustainability accolade at this year’s Chemical Industry Awards. The business was in the running for the inaugural 2024 Sustainability Award, a brand new category that recognises companies that demonstrate excellence in sustainability through their policies, products, manufacturing processes, and supply chains.
Every year, the Chemical Industry Awards recognise the outstanding performance of companies across the UK chemical industry – at an enterprise and site level. Organised by the Chemical Industries Association, the awards scheme also acknowledges the hard work of individuals within the sector. This year’s event was held on 20th June at the Hilton Newcastle Gateshead Hotel.
Competing in the Sustainability category, Venator’s awards submission highlighted the significant progress the business made in 2023 to reduce its GHG Scope 1 and 2 emissions by 40% and cut waste by 50% compared to 2021. Venator’s application also spelt out its collaboration with Net Zero Teesside; its commitment to using the local hydrogen network; and its efforts to align its sustainability work with the UN’s Global Compact principles.
Commenting, Rob Portsmouth, Executive Vice President Sustainability, EHS and HR of Venator, said: “Sustainability is ingrained in all aspects of our operations, from product development to the implementation of circular-economy solutions in our manufacturing processes. Our long-standing commitment in this area is evident in our active sustainability programme, which was established well before it became standard in the chemical industry. We are immensely proud to have been shortlisted for this award in its inaugural year. While we didn’t win, being a finalist is testament to our team’s dedication to advancing sustainable solutions in the chemical industry and across the market sectors we serve.”
Venator produces a wide range of pigments and additives that are integral to daily life and are used in thousands of everyday applications, from paint and plastic components to food and cosmetics. In 2022, Venator became a signatory of the United Nations Global Compact principles, aligning all new product development with the UN Sustainable Development Goals (SGGs) from concept to design.
For further information about Venator, please go to: www.venatorcorp.com
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About Venator
Venator is a global manufacturer and marketer of chemical products that comprise a broad range of pigments and additives that bring color and vibrancy to buildings, protect and extend product life, and reduce energy consumption. We market our products globally to a diversified group of industrial customers through two segments: Titanium Dioxide, which consists of our TiO2 business, and Performance Additives, which consists of our functional additives, color pigments and timber treatment businesses. Based in Wynyard, U.K., Venator employs approximately 2,700 associates and sells its products in more than 109 countries.
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For more information about Venator and its sustainability initiatives, visit www.venatorcorp.com
Cautionary Statement Concerning Forward-Looking Statements
Certain statements contained in this communication constitute “forward looking statements”, including statements regarding our environmental goals, commitments, strategies and related business and stakeholder impacts. These forward-looking statements represent Venator’s expectations or beliefs concerning future events, and it is possible that the expected results described in this communication will not be achieved or will be materially different than as described. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Venator’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. These risks and uncertainties include, without limitation, any failure to meet stated environmental goals and commitments, and our ability to execute our strategies in the time frame expected or at all, global sociodemographic and economic trends, changing government laws and regulations, technological innovations, climate-related conditions and weather events, our ability to gather and verify data regarding environmental impacts, the compliance of various third parties with our policies and procedures, and our expansion into new products and geographic regions. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law or regulation, Venator does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for Venator to predict all such factors. Moreover, many of the assumptions, standards, metrics, and measurements related to the information in this press release continue to evolve and are based on assumptions believed to be reasonable at the time of preparation, but should not be considered guarantees. Given the inherent uncertainty of the estimates, assumptions, and timelines related to the information in this press release, we may not be able to anticipate whether or the degree to which we will be able to meet our plans, targets, or goals in advance.
