COVID-19 – Tereos Continuity Plan – Update

OUR COOPERATIVE GROUP OPERATES ON STRATEGIC MARKETS

Tereos, world leader in the production of sugars, alcohols, plant proteins and products derived from starch has seen its productions recognized as “of strategic interest” by the authorities in the context of the COVID-19 health crisis as they are essential for sectors such as agri-food, infant nutrition, the pharmaceutical industry and sanitizing.

Aware of its responsibility and the essential role of its activity in the context of the COVID-19 pandemic, the Group has implemented a globally coordinated Business Continuity Plan (BCP). This plan meets a double ambition: to ensure the safety of its employees and partners, while maintaining its quality of service.

TO DATE, AND UNDER CURRENT CONDITIONS, TEREOS DOES NOT ANTICIPATE DISRUPTION IN PRODUCTION AND IS MANAGING ITS LOGISTICS OPERATIONS UNDER NORMAL SUPPLY CONDITIONS

• The Group is not currently facing significant disruptions in its logistics and transport operations. Our sales, Customer Support and Supply-Chain teams constantly assess the situation and support the customers concerned as closely as possible to their needs and situations to ensure the best quality of service in this context.

• As always, Tereos applies a high level of food safety to all its product lines. To date and as indicated by the EFSA (European Food Safety Authority) food has not been identified as a probable route of transmission of the COVID-19 virus. The Group is now able to meet global demand and provide its customers with the products essential to their business. This is the result of the collective effort of its 22,300 employees combined with the rigorous management of the PCA implemented.

More specifically, as a major player in pharmaceutical alcohol, Tereos remains mobilized to ensure a sustained supply of disinfectant products. Tereos would like to thank its social partners and employees for their strong involvement, ensuring both a high level of activity on production lines and a continuous charity support to communities around us – learn more.

  ***
Please reach out to your Tereos contacts for any questions or clarifications.