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
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
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
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
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.
Ph.D., Vice President,
Technology and Business
AMPAC Fine Chemicals
+1 (888) 330-2232
+1 (916) 357-6880
American Pacific Corporation
+1 (702) 735-2200
SOURCE American Pacific Corporation