MEMPHIS, Tenn., Aug 15, 2011 (BUSINESS WIRE) --
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.
Certain matters discussed in this press release may constitute
forward-looking statements within the meaning of the federal securities
laws that involve risks and uncertainties, including but not limited to
economic, competitive, governmental, and technological factors affecting
the Company's operations, financing, markets, products, services and
prices, and other factors.For further information on factors
which could impact the Company and the statements contained herein,
please refer to public filings with the Securities and Exchange
SOURCE: Buckeye Technologies Inc.
Buckeye Technologies Inc.
Steve Dean, 901-320-8352
Sr. Vice President and Chief Financial Officer
Daryn Abercrombie, 901-320-8908