Press Release

Basel, 21 December 2006

REACH - New European Chemicals Legislation Adopted

REACH stands for Registration, Evaluation and Authorisation of CHemicals and it represents the future European Commission’s chemicals strategy. The aim of the new regulation is to improve the protection of human health and the environment while maintaining the competitiveness and enhancing the innovative capability of the EU chemicals industry.

The regulation has been finally adopted by the Environment Council on 18 December 06. Therefore, REACH will enter into force on 1 June 2007.

As a consequence of REACH, the industry needs to register all existing and future new substances with a new European Chemicals Agency that will be established in Helsinki. Existing substances (about 30,000) have to be registered within the first 11 years and within this registration process, substances are prioritised based on produced or imported annual volumes. Registration dossiers will hold comprehensive information about the substance and its applications in order to demonstrate its safe use.

Jungbunzlauer has closely followed the development of REACH. We are fully aware of the impacts this new legislation will have on our, our customers' and our suppliers' businesses.

We are a manufacturer and downstream user of substances which fall under the scope of REACH. Thus, Jungbunzlauer has formed an internal task force, and will also form a task force within the European Citric Acid manufacturers (ECAMA), in order to get ready for the pre-registration process. Pre-registration will start in June 2008 and last over a period of 6 months.

As a producer of substances with more than 1000 mt per year Jungbunzlauer will register all relevant products within the first years.

Jungbunzlauer will update on further relevant developments of our "Getting-Prepared-for-REACH" process on its website and/or to its customers in due course.

Since the REACH Implementation Projects (RIPs) and corresponding guidance documents and tools are still worked on we will not yet start to send out questionnaires to our suppliers. We would also like to ask our customers not to create or to send out questionnaires before standardized formats and tools are available.