GrafTech Announces Publication of 2023 Sustainability Report

BROOKLYN HEIGHTS, Ohio, July 8, 2024–(BUSINESS WIRE)–GrafTech International Ltd. (NYSE: EAF) (the “Company” or “GrafTech”), a leading manufacturer of high-quality graphite electrode products critical to the production of electric arc furnace (“EAF”) steel, today announced the release of its 2023 Sustainability Report, highlighting the Company’s environmental, social and governance (“ESG”) efforts and initiatives.

“We are pleased to share GrafTech’s 2023 Sustainability Report, which highlights our continued progress on ESG initiatives,” commented Timothy Flanagan, CEO and President. “As a leading supplier of a critical product in EAF steelmaking, an environmentally friendly alternative to traditional steelmaking, GrafTech is proud of our continued contributions to steel sustainability.”

GrafTech’s 2023 Digital Sustainability Report is available on our website at www.graftech.com/sustainability. We welcome your feedback on our Sustainability Report at [email protected].

About GrafTech

GrafTech International Ltd. is a leading manufacturer of high quality graphite electrodes, essential for the production of electric arc furnace steel and other ferrous and non-ferrous metals. The company has a competitive portfolio of low cost, very high power graphite electrode manufacturing facilities, with some of the most efficient facilities in the world. We are the only large scale graphite electrode producer that is substantially vertically integrated with needle petroleum coke, our primary raw material for graphite electrode manufacturing. This unique position gives us competitive advantages in terms of product quality and cost.

Caution Regarding Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect our current views regarding, among other things, financial projections, plans and objectives of management for future operations and future economic performance. Examples of forward-looking statements include, among others, statements we make regarding future volume, pricing and revenue estimates, anticipated levels of capital expenditures and cost of goods sold, The forward-looking statements contained in this press release are based on our historical performance and our current plans, estimates and expectations, taking into account information currently available to us. The inclusion of such forward-looking information should not be taken as a representation by us that any future plans, estimates or expectations we contemplate will be achieved. Our expectations and objectives are not predictions of actual performance and, historically, our performance has deviated, often materially, from our expectations and objectives. These forward-looking statements are subject to various risks and uncertainties and assumptions about our operations, financial results, financial condition, business, prospects, growth strategy and liquidity. Accordingly, there are or will be important factors that could cause our actual results to differ materially from those indicated in such statements, including the factors described in the “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” sections of the Company’s reports and statements filed with the U.S. Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date on which they are made. Except as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

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Contacts

Michael Dillon
216-676-2000