KEMET Receives Conflict-Free Tantalum Smelter Certification
GREENVILLE, S.C., Feb. 25, 2013 /PRNewswire/ -- KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today announced that it has received Conflict-Free Smelter (CFS) Certification from the Electronic Industry Citizenship Coalition (EICC) and the Global e-Sustainability Initiative (GeSI) Conflict-Free Smelter Audit Review Committee (ARC).
"Over the past two years, KEMET has expended a significant amount of time and effort developing a sustainable sourcing model based on conflict-free tantalum from the Democratic Republic of Congo, culminating in the industry's only closed pipe vertically integrated conflict-free tantalum supply chain," said Per Loof, KEMET's Chief Executive Officer. "The EICC/GeSI certifications solidify our commitment in providing customers with a stable supply of 100% conflict-free capacitors," continued Loof.
KEMET's supply chain begins with tantalum ore sourced from the conflict-free Katanga Province of the Democratic Republic of Congo, through processing and smelting in South Africa and the United States, all the way through capacitor manufacturing in Mexico. The result is the delivery of guaranteed 100% conflict-free capacitors to customers.
For information concerning KEMET's involvement with conflict free minerals, please go to www.kemet.com/conflictfree.
KEMET's common stock is listed on the NYSE under the symbol "KEM." At the Investor Relations section of our web site at http://ir.kemet.com/, users may subscribe to KEMET news releases and find additional information about our Company. KEMET applies world class service and quality to deliver industry leading, high performance capacitance solutions to its customers around the world and offers the world's most complete line of surface mount and through-hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. Additional information about KEMET can be found at http://www.kemet.com.
Cautionary Statement on Forward-Looking Statements
Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about KEMET Corporation's (the "Company") financial condition and results of operations that are based on management's current expectations, estimates and projections about the markets in which the Company operates, as well as management's beliefs and assumptions. Words such as "expects," "anticipates," "believes," "estimates," variations of such words and other similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in, or implied by, such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to reflect new information, future events or otherwise.
Certain risks and uncertainties that could cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements are described in the Company's reports and filings with the Securities and Exchange Commission.
Dean W. Dimke
Senior Director, Marketing Communications and Investor Relations
SOURCE KEMET Corporation
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