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Lihua International Achieves ISO 14001:2004 Certification for Environmental Management System

2011-05-04 15:55 1184

DANYANG, China, May 5, 2011 /PRNewswire-Asia/ -- Lihua International, Inc. (Nasdaq: LIWA) ("Lihua" or the "Company"), a leading Chinese developer, designer, and manufacturer of low cost, high quality alternatives to pure copper products, including refined copper products and superfine and magnet wire, as well as copper clad aluminum ("CCA") wire, today announced that its subsidiaries, Danyang Lihua Electron Co. Ltd and Jiangsu Lihua Copper Industry Co., Ltd, have achieved ISO 14001:2004 certification for Environmental Management Systems (EMS) by the International Organization for Standardization. These certifications relate to Lihua's CCA and copper wire, copper anode and copper rod products and the associated production processes.

The ISO 14001:2004 standard is intended to help companies minimize the environmental impact of the production process. The standard includes a set of internationally accepted specifications for environmental management systems created by the International Organization for Standardization. The standards for certification include three major areas: (1) Management systems - systems development and integration of environmental responsibilities into a company's planning; (2) Operations - consumption of natural resources and energy; and (3) Environmental systems - measuring, assessing, and managing emissions, effluents, and other waste streams.

"We have always taken pride in our copper alternative and recycled copper products, and the fact that we utilize manufacturing processes significantly less harmful to the environment than mining, using state of the art filtering, water collection and other systems in our manufacturing facilities," said Jianhua Zhu, Chairman and Chief Executive Officer of Lihua. "We are pleased that the ISO has recognized our commitment to environmental responsibility, and we will continue working to ensure that our operations adhere to the highest possible standards. Our goals are to provide best-in-class products to our customers, while taking steps to further reduce the environmental impact of our manufacturing and furthering our leadership among the copper recycling industry."

About Lihua International, Inc.

Lihua, through its two wholly-owned subsidiaries, Lihua Electron and Lihua Copper, is a leading value-added manufacturer of copper replacement products for China's rapidly growing copper wire and copper replacement product market. Lihua is one of the first vertically integrated companies in China to develop, design and manufacture lower cost, high quality alternatives to pure copper magnet wire and pure copper alternative products. Lihua's products include CCA and pure copper products. Current product offerings include CCA and copper wire, copper rod and copper anode.  Except for CCA wire, all other products are produced from recycled scrap copper. Lihua's products are sold in China either directly to manufacturers or through distributors in the wire and cable industries and manufacturers in a wide variety of industries including the consumer electronics, white goods, automotive, utility, telecommunications and specialty cable industries. Lihua's corporate and manufacturing headquarters are located in the heart of China's copper industry in Danyang, Jiangsu Province. For more information, visit: http://www.lihuaintl.com.

To be added to the Company's email distribution for future news releases, please send your request to lihua@tpg-ir.com.

Safe Harbor Statement

This press release contains certain statements that may be deemed to be "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, that address activities, events or developments that the Company expects, projects, believes or anticipates will or may occur in the future, including, without limitation, statements about its business or growth strategy, general industry conditions including availability of copper or recycled scrap copper, future operating results of the Company, capital expenditures, expansion and growth opportunities, bank borrowings, financing activities and other such matters, are forward-looking statements. Although the Company believes that its expectations stated in this press release are based on reasonable assumptions, actual results may differ from those projected in the forward-looking statements.

Please note that information in this press release reflects management views as of the date of issuance.

Contact:

 

 

 

 

Lihua International, Inc.

 

 

Daphne Huang

 

 

EVP of Corporate Finance and Director of Investor Relations

 

 

Tel: (516) 717-9939

 

 

Email: Daphne_huang@lihuaintl.com

 

 

 

 

The Piacente Group, Inc.

 

 

Investor Relations

 

 

Brandi Floberg or Lee Roth

 

 

Tel: (212) 481-2050

 

 

Email: lihua@tpg-ir.com

 

 

 




Source: Lihua International, Inc.
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