Tuesday, 16 August 2011 09:00

Buckeye Technologies Announces Release of 2011 Sustainability Report

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Buckeye Technologies Inc. (NYSE:BKI) announced the release today of its 2011 Sustainability Report. This report (which summarizes calendar year 2010 results) highlights continuing efforts on reducing fossil fuels, water, solid waste, and air emissions. Buckeye has reduced its Greenhouse Gas emissions (from fossil fuels and purchased electricity) by over 5% per ton of production since 2007, while generating 80% of its total energy needs from renewable biomass.

In addition, significant reductions of water used daily were achieved (down 7% since 2007) while reducing landfill wastes by 18% since 2007. The report also shares information about Buckeye's social impacts, including the impressive response to a renewed corporate-wide commitment to safety, reducing the Total Incidence Rate from 3.5 to 2.5 during the reporting period, with an additional reduction to 1.8 by the end of June.

John Crowe, Chairman and CEO, emphasized that "Buckeye has embarked on a sustainability strategy that embraces the importance of protecting the environment and resources for future generations while leveraging long-term business and shareholder value."

For more information about Buckeye Technologies and its sustainability efforts, and for a downloadable copy of the 2011 Sustainability Report, please visit our website at www.bkitech.com.

Buckeye, a leading manufacturer and marketer of specialty fibers and nonwoven materials, is headquartered in Memphis, Tennessee, USA. The Company currently operates facilities in the United States, Germany, Canada, and Brazil. Its products are sold worldwide to makers of consumer and industrial goods.


SOURCE: Buckeye Technologies Inc.

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