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VISION/OPERATING PRINCIPLES/QUALITY POLICIES

Vision

At Lipo, BEAUTY IS OUR SCIENCE®..

We are a market leader in the business of providing ingredients and ingredient technologies to the global personal care industry. In this business we strive to be the best.

Operating Principles

While working to realize our Vision, we will follow these "operating principles":

  • Act as one team on a global basis
  • Support clients' product launch cycles and enhance their ability to effectively use ingredients
  • Deliver world class service consistently and in a profitable manner
  • Set high standards and dedicate ourselves to exceeding them
  • Communicate to support positive action and act to support positive communications
  • Support a culture of merit characterized by competence, integrity, passion, service, teamwork, resilience, and rapid response to change
  • Recruit the best talent, give and receive training, apply ourselves fully and expect our colleagues to do the same
  • Follow the laws of the land in which we operate
  • Be reponsible, creating a positive impact on our industry, local communities, society, and the environment

Quality Policy

Lipo Chemicals, Inc. is a company committed to quality in the development, production, distribution, and technical service of the products we sell our customers in an increasingly competitive market.

Lipo recognizes that being quality driven in our processes, products, services, safety, and environment is necessary for the success of our customers, suppliers, employees, community and stockholders.

Meeting or exceeding the expectations of our customers in the quality of our products and services is the goal of all employees of Lipo.

To this end, Lipo will commit the resources necessary for each employee to comply to the ISO-9001 requirements and to participate in an on-going cycle of continuous improvement as an individual and in a team environment.

Environmental Policy

Lipo Chemicals, Inc. is committed to protecting the environment. Environmental protection is a primary management responsibility, as well as, an individual responsibility of every employee.

The Company will never knowingly engage or condone any activity, which endangers the air, water, soil or natural resources of the United States of America or any country in which our products are sold or consumed. In the same manner, the Company will never knowingly provide products, which when used in the manner intended, would directly or indirectly cause harmful effects to human health or well being.

In these matters, the Company is knowledgeable and agreeable in meeting or exceeding the environmental statutes and regulations of the United States Environmental Protection Agency, the New Jersey Department of Environmental Protection, and all applicable federal, state local regulations. Additionally, the Company will seek to maintain or exceed the same level of environmental responsibilities in the states and countries in which our products are sold or consumed. Where an environmental statue or regulation exceeds these requirements, the Company will seek to maintain the stricter standard.

Company management wants all of its employees, affiliates, and subsidiaries to know, understand and abide by these policies. The Company will not participate in a business relationship with any entity that knowingly or blatantly engages in activities to the contrary.

In keeping with this policy, we seek to minimize and manage waste. Our desire is to avoid negative impact upon the air, water and land through excellence in pollution prevention.

The environmental guidelines include the following points:

  • Environmental protection is a line responsibility and an important measure of employee performance. It is each employee’s responsibility to ensure that we protect our environment.

The Company endorses the following hierarchy for waste management:

  • Source reduction (i.e. generating less waste)
  • Reuse, recycling, reclamation (preferable on site)
  • Treatment
  • Disposal
  • Waste minimization is a prime consideration in research process design and plant operation and is valued the same as safety, productivity and quality assurance.