Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act") requires publically held companies such as Innospec to report annually to the U.S. Securities and Exchange Commission ("SEC") on whether the products they manufacture or contract to manufacture contain conflict minerals. "Conflict minerals" are defined as tantalum, tin, tungsten and gold, refined from columbite-tantalite (also known as coltan), cassiterite, wolframite and gold ores, that originate from certain "covered countries," defined as the Democratic Republic of Congo and its adjoining countries — Angola, Central African Republic, Burundi, Congo, Rwanda, South Sudan, Tanzania, Uganda, and Zambia. Innospec does not purchase conflict minerals directly from smelters or mines.
To our Suppliers:
Innospec is committed to the responsible sourcing of materials necessary to the functionality or production of the products that Innospec manufactures or contracts to manufacture. Accordingly, Innospec will collaborate with its suppliers to work toward a conflict-free supply chain. Innospec expects its suppliers to adopt policies and management systems consistent with the Act and this policy, to supply materials, products, and components that are conflict-free and to in turn require their suppliers to adopt similar policies, systems and socially responsible sourcing practices. To that end, Innospec also expects our suppliers to respond to our inquiries and provide certifications supporting their commitment to being or becoming conflict-free and documenting countries of origin for conflict minerals that they purchase.
If you are an Innospec supplier, we expect you to agree to our standard terms and conditions, which require our suppliers to ensure that conflict minerals are not necessary to the functionality or production of the goods supplied to Innospec. Further, if you have been asked to submit a response to our Conflict Minerals Questionnaire, we expect you to respond as soon as practicable and thank you for your cooperation and assistance in this important matter.
To our Customers:
Reports and Disclosures:
To the best of our knowledge, after reasonable review, conflict minerals were not necessary to the functionality or production of any products that Innospec manufactured or contracted to manufacture for sale in 2016. As such, Innospec is not subject to the SEC reporting rule for the calendar year 2016. A copy of our May 23, 2016 Form SD for the calendar year 2015 is available here.