ZHUHAI, China, April 18, 2013 /PRNewswire/ --CEVA Logistics, a world-leading supply chain management company, has been awarded the 2012 Safety Award by BP Zhuhai Chemical Company Limited (BPZ), the renowned leader in China's purified terephthalic acid (PTA) industry. The award recognizes CEVA's commitment to the highest levels of health and safety requirements for the BPZ site.
Bill Zhao, general manager of BP Zhuhai, commented: "I am delighted that since 2008 CEVA has consistently achieved and exceeded our required health and safety targets. In 2012, the company achieved the highest health and safety record since our partnership began and realized a significant drop in the number of accidents by 50%."
CEVA has been managing and operating the BPZ site since 2002. Over the past 11 years, CEVA has rolled out safety campaigns, such as the 'CEVA Safety Action 100 Days', which are designed to review all operating process and to remove preventable accidents and incidents that have potential to harm its well-trained and valued employees. In addition, CEVA has set up the Emergency Response Unit (ERU) to provide the site with emergency response, fire facilities inspection and chemical waste disposal services.
According to Jacob Moe, Managing Director of CEVA in South China, "The health and safety of all our employees and contractors remains our priority in the workplace. Our site managers and frontline operators are constantly and heavily engaged in regular safety inspections of workstations and processes at the site," he says. "Providing a healthy, safe and orderly work environment, standardized operating procedures for higher efficiency, as well as training and development for our teams will continue to be CEVA's priorities for the site to deliver value to our customer."
The award is testament to the years of experience and operational capabilities of CEVA in the highly regulated chemical industry that has very stringent safety requirements. CEVA's ability to deliver a quality service to BPZ is also a result of the strong collaboration the two organizations have forged over the years.
CEVA -- Making business flow
CEVA Logistics, one of the world's leading non-asset based supply-chain management companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 50,000 employees in more than 160 countries are dedicated to delivering effective and robust supply-chain solutions across a variety of sectors where CEVA applies its operational expertise to provide best-in-class services across its integrated network. For more information, please visit www.cevalogistics.com.
SAFE HARBOR STATEMENT:
This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Company's expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2013 and beyond, and the other non-historical statements. These statements can be identified by the use of words such as "believes" "anticipates," "expects," "intends," "plans," "continues," "estimates," "predicts," "projects," "forecasts," and similar expressions. All forward-looking statements are based on management's current expectations and beliefs only as of the date of this press release and, in addition to the assumptions specifically mentioned in the above paragraphs, there are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the effect of local and national economic, credit and capital market conditions, a downturn in the industries in which we operate (including the automotive industry and the airfreight business), risks associated with the Company's global operations, fluctuations and increases in fuel prices, the Company'’s substantial indebtedness, restrictions contained in its debt agreements and risks that it will be unable to compete effectively. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's annual and quarterly reports, available on the Company's website, which investors are strongly encouraged to review. Should one or more of these risks or uncertainties materialize or the consequences of such a development worsen, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
For more information, contact:
Felix Lo
+852-29420236
Felix.lo@cevalogistics.com
