Statement from Ascend Performance Materials Regarding Event at Airgas Facility on August 28, 2016

PENSACOLA, Fla.--()--Today at approximately 12:10 p.m. central time, an explosion occurred at the Airgas facility located adjacent to an Ascend Performance Materials plant in Cantonment, Florida.

Ascend personnel and contractors are all safe and accounted for at this time. Ascend’s site operations continue to operate safety.

The Ascend plant supplies a mixture of gases to the Airgas plant, which Airgas uses to make nitrous oxide.

Ascend is currently working with local authorities and first responders. According to Escambia County Emergency Management officials, at this time there are no off-site impacts and area residents do not need to take any precautionary measures.

Ascend’s facilities located near the event may have sustained some damage, which Ascend will assess after the completion of all necessary emergency response procedures.

NOTE TO EDITORS: ASCEND PERFORMANCE MATERIALS is a trademark of Ascend Performance Materials Operations LLC. This trademark has been registered in jurisdictions throughout the world, including the United States of America.

About Ascend Performance Materials

Ascend Performance Materials is a global premium provider of high-quality chemicals, fibers and plastics. Ascend is one of the world’s largest integrated PA66 producers, with its own in-house manufacturing facilities, ensuring total security of supply. Ascend’s product range has earned it an unequalled reputation for quality, innovative techniques and an enlightened approach to business that expands the horizons of possibility. With eight global locations and more than 3,200 people working at our sites around the world, Ascend has the inspiration, the expertise, the people and the attitude toward innovation to consistently deliver the right solution for customers.

Together, we’re making a difference.

Together, we’re inspiring everyday.

More information about Ascend can be found at www.ascendmaterials.com

About SK Capital

SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors. The firm’s purpose is to build strong and growing businesses that create substantial long-term economic value. SK utilizes its industry, operating and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth and profitability as well as lower operating risk. SK Capital’s portfolio companies generate revenues of approximately $8 billion annually and employ approximately 9,000 people. The firm currently manages more than $1.5 billion of committed capital. For more information, please visit www.skcapitalpartners.com

Contacts

Ascend Performance Materials
Alison Jahn, +1 713-210-9809
Director of Global Communications
ajahn@ascendmaterials.com

Release Summary

Statement from Ascend Performance Materials regarding event at Airgas facility on August 28, 2016

Contacts

Ascend Performance Materials
Alison Jahn, +1 713-210-9809
Director of Global Communications
ajahn@ascendmaterials.com