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Buckeye Technologies Announces Long Term Sustainability Goals

Buckeye Technologies Inc. (NYSE:BKI) today announced the following long term sustainability goals:

By the year 2015, we intend to:

  • Reduce our fossil fuel usage by 10%
  • Reduce our use of purchased electricity by 25%
  • Reduce our greenhouse gas emissions from fossil fuels and purchased electricity by 15%
  • Reduce water usage by 5%

All of these reductions are based on the base year of 2007, and will be measured on “per ton” basis.

John Crowe, Chairman and CEO, in announcing the sustainability targets for the company said, “We are establishing measurable longer term performance goals to further support our commitment to continual improvement of the conservation of natural resources and reducing our environmental footprint. Buckeye’s employees understand that sustainability is at the core of everything we do, and we see this significant commitment as a natural next step for us.”

For more information on Buckeye and its sustainability efforts, 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 Commission.

Contacts:

Buckeye Technologies Inc.
Steve Dean, 901-320-8352
Senior Vice President and Chief Financial Officer
or
Daryn Abercrombie, 901-320-8908
Investor Relations
Website: www.bkitech.com

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