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Timkensteel Corp (TMST) Q2 2021 Earnings Call Transcript
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Timkensteel Corp (TMST) Q2 2021 Earnings Call Transcript
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the TimkenSteel Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions]
I would now like to turn the call over to Jennifer Beeman. Thank you. Please go ahead.
Jennifer K. Beeman
Senior Manager of Communications and Investor Relations
Thank you, and good morning, everyone, and welcome to TimkenSteel s Fourth Quarter and Full Year 2020 Conference Call. I m Jennifer Beeman, Senior Manager of Communications and Investor Relations for TimkenSteel. Joining me today is Mike Williams, President and Chief Executive Officer; Kris Westbrooks, Executive Vice President and Chief Financial Officer; Tom Moline, Executive Vice President of Commercial; and Bill Bryan, Executive Vice President of Manufacturing and Supply Chain.
Posted: Tuesday, January 26, 2021 14:21
Several groups are cheering Loblaw’s commitment to phase out receipt paper containing BPA, BPS and other bisphenol alternatives by the end of 2021. These chemicals have been found to be endocrine disruptors and some studies have linked them to other possible health effects, but not conclusively. The Government of Canada has banned the use of BPA in baby bottles. Public concern has put pressure on some companies to phase out their use. In January 2020, Costco Canada became the first grocery retailer based in Canada to phase out bisphenol-coated receipt paper.
Loblaw committed to do the same in its 2020 Corporate Social Responsibility Report. The company is Canada’s largest grocery retail and drugstore company and the phase out would apply to all of its subsidiaries. The commitment has garnered congratulations from labour, women’s health and environmental groups.
Environmental groups applaud Loblaw s commitment to phase out receipts with phenol - Business News
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