AdvanSix Achieves ISCC PLUS Certification Advancing Sustainable Manufacturing Across Its Value Chain

April 02, 2024 at 06:55 AM EDT

AdvanSix (NYSE: ASIX), a diversified chemistry company, today announced it has been certified to the International Sustainability and Carbon Certification (ISCC) PLUS standard for three of its manufacturing sites, including Frankford, Pa., Hopewell, Va. and Chesterfield, Va.

ISCC PLUS is a globally recognized, voluntary certification system for developing sustainable supply chains. Verified through an in-depth audit, the ISCC PLUS certification verifies and validates the adoption of clear, transparent and traceable practices, especially for organizations applying the mass balance approach to track amounts and sustainability characteristics of feedstocks. This approach tracks AdvanSix’s use of recycled materials at its sites to support the transition to circular economy principles – reduce, reuse and recycle.

“AdvanSix is dedicated to enabling solutions that not only reflect our sustainability focus, but also help our customers transform and meet their own environmental goals, all while building a socially responsible future,” said AdvanSix President and CEO, Erin Kane. “Achieving ISCC PLUS certification reflects our commitment to supporting sustainable manufacturing for a better world.”

The current ISCC PLUS certification covers AdvanSix’s vertically integrated sites in Frankford, Hopewell and Chesterfield, which supports production of nylon solutions, plant nutrients and chemical intermediates.

This new certification complements AdvanSix’s existing recycled nylon product lines with 100% post-industrial recycled content or 100% post-consumer recycled content, each bearing SCS Recycled Content Certifications. AdvanSix’s ISCC PLUS certification enables customers to accelerate progress in meeting their sustainability goals in the creation of many downstream products, from robust packaging and fashionable textiles to fuel-efficient cars and durable electrical wiring.

About AdvanSix

AdvanSix is a diversified chemistry company that produces essential materials for our customers in a wide variety of end markets and applications that touch people’s lives. Our integrated value chain of our five U.S.-based manufacturing facilities plays a critical role in global supply chains and enables us to innovate and deliver essential products for our customers across building and construction, fertilizers, agrochemicals, plastics, solvents, packaging, paints, coatings, adhesives, electronics and other end markets. Guided by our core values of Safety, Integrity, Accountability and Respect, AdvanSix strives to deliver best-in-class customer experiences and differentiated products in the industries of nylon solutions, plant nutrients, and chemical intermediates. More information on AdvanSix can be found at https://www.advansix.com.

Forward Looking Statements

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, that address activities, events or developments that our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements may be identified by words such as "expect," "anticipate," "estimate," “outlook,” "project," "strategy," "intend," "plan," "target," "goal," "may," "will," "should" and "believe" and other variations or similar terminology and expressions. Although we believe forward-looking statements are based upon reasonable assumptions, such statements involve known and unknown risks, uncertainties and other factors, many of which are beyond our control and difficult to predict, which may cause the actual results or performance of the Company to be materially different from any future results or performance expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to: general economic and financial conditions in the U.S. and globally; the potential effects of inflationary pressures, labor market shortages and supply chain issues; instability or volatility in financial markets or other unfavorable economic or business conditions caused by geopolitical concerns, including as a result of the conflict between Russia and Ukraine, the conflict in Israel and Gaza, and the possible expansion of such conflicts; the effect of the foregoing on our customers’ demand for our products and our suppliers’ ability to manufacture and deliver our raw materials, including implications of reduced refinery utilization in the U.S.; our ability to sell and provide our goods and services; the ability of our customers to pay for our products; any closures of our and our customers’ offices and facilities; risks associated with increased phishing, compromised business emails and other cybersecurity attacks, data privacy incidents and disruptions to our technology infrastructure; risks associated with employees working remotely or operating with a reduced workforce; risks associated with our indebtedness including compliance with financial and restrictive covenants, and our ability to access capital on reasonable terms, at a reasonable cost, or at all, due to economic conditions or otherwise; the impact of scheduled turnarounds and significant unplanned downtime and interruptions of production or logistics operations as a result of mechanical issues or other unanticipated events such as fires, severe weather conditions, natural disasters, pandemics and geopolitical conflicts and related events; price fluctuations, cost increases and supply of raw materials; our operations and growth projects requiring substantial capital; growth rates and cyclicality of the industries we serve including global changes in supply and demand; failure to develop and commercialize new products or technologies; loss of significant customer relationships; adverse trade and tax policies; extensive environmental, health and safety laws that apply to our operations; hazards associated with chemical manufacturing, storage and transportation; litigation associated with chemical manufacturing and our business operations generally; inability to acquire and integrate businesses, assets, products or technologies; protection of our intellectual property and proprietary information; prolonged work stoppages as a result of labor difficulties or otherwise; failure to maintain effective internal controls; our ability to declare and pay quarterly cash dividends and the amounts and timing of any future dividends; our ability to repurchase our common stock and the amount and timing of any future repurchases; disruptions in supply chain, transportation and logistics; potential for uncertainty regarding qualification for tax treatment of our spin-off; fluctuations in our stock price; and changes in laws or regulations applicable to our business. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our filings with the Securities and Exchange Commission (SEC), including the risk factors in Part 1, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2023, as updated in subsequent reports filed with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240327250164/en/

Contacts

Media

Janeen Lawlor

(973) 526-1615

janeen.lawlor@advansix.com

Investors

Adam Kressel

(973) 526-1700

adam.kressel@advansix.com

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AdvanSix Achieves ISCC PLUS Certification Advancing Sustainable Manufacturing Across Its Value Chain

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