#Sustainability

2019-09-12

DyStar releases 2018 Sustainability Report

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation is pleased to announce the release its Sustainability Performance Report for 2018 – 2019, based on its defined Four Key Performance Indicators – Creating responsible products and services, Sustainable business growth, Conserving planetary resources and Caring for people.

Mr. Eric Hopmann, CEO of DyStar Group said, “Our commitment to sustainability at DyStar is illustrated across the way we performed our businesses. By making positive impacts toward the entire supply chain, we are being a responsible corporate citizen, and at the same time helping our customers to do likewise.”

Into its ninth year of reporting, DyStar has shown significant improvements through the year of 2018. Among other achievements, DyStar’s relentless efforts have paid off in terms of organization’s financial performance, achieving double-digit growth in revenue of 11%, and has helped to operationally reduce overall production footprint by 20% for every ton of production.

Highlights of Report:

Creating Responsible Products and Services

More than 2,200 textile mills audited for chemical risk and textile processing

More than 1,300 of DyStar’s products approved by bluesign®

Sustainable Business Growth

Increase in global employee wages and benefits

Conserving Planetary Resources

Reported 22% reduction of emissions intensity compared to 2011

29% of the customer packaging were reconditioned and reused in 2018

Caring for People

More than 23,000 hours invested in staff training

Reported 308,000m3 of water provided to communities at no-cost since 2011

Globally, DyStar provides a diverse range of innovative solutions to multiple industries including Textile & Leather, Personal Care, Pharma & Household, Food & Beverages, Paints, Coatings, Industrial & Construction, Printing, Paper & Packaging as well as Water Treatment & Agriculture.

As we progress, DyStar will continue building a sustainable growth environment in order to achieve long-term value in a balanced and responsible manner across the value chain.

DyStar’s Sustainability Report is available here:

https://www.dystar.com/sustainability-reports/

Update on DyStar’s transition to full ownership of Zhejiang Longsheng Group

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, wishes to provide an update on the progress of Share Purchase Agreement signed for the acquisition of 37.57% of the issued share capital of DyStar Global Holdings (Singapore) Pte Ltd.

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ABB and Syre partner to explore technologies for industrial-scale textile recycling

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From Nature Performance to Circular Economy: Techtextil 2026 focuses on the future market for technical textiles

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