HP helps manufacturers improve product safety and recyclingHP Compliance Data Exchange enables tracking of materials in complex supply chains
BBLINGEN, Germany -- Hewlett-Packard GmbH today announced the new HP Compliance Data Exchange (CDX) system, a platform that enables manufacturers in sectors like shipbuilding, aerospace and electronics to eliminate hazardous substances from their products and improve recycling rates.
Based on the HP-hosted International Material Data System (IMDS), which is already delivering measurable results for the automotive industry, HP CDX enables manufacturers to stay ahead of new requirements, plan design improvements and meet the increasing number of globally valid legislative requirements, such as the Hong Kong Convention; the European Union's Restriction of Hazardous Substances (RoHS) directive; and the Registration, Evaluation, Authorisation and restriction of CHemicals (REACH) regulation.
Under a recent agreement, members of the Sustainable Shipping Initiative (SSI), including Carnival, China Navigation and Maersk, will use HP CDX in several pilot projects to track the manufacturing supply chains of new lines of ships, or significant parts thereof, from tier-one suppliers down to suppliers of base components like screws, electronic components, coatings and paints. The SSI is a coalition of shipping leaders from around the world working to demonstrate that shipping can contribute toand thrive ina sustainable future.
Companies in all industries are increasingly required to reduce the use of hazardous substances in their products and minimize energy and resource waste through more efficient recycling of resources, said Dirk Schuermann, industry director, HP Enterprise Services. By collecting, maintaining and analyzing material data across all levels of the supply chain, HP's CDX can enable participating companies to comply with global legal requirements.
HP CDX provides a secure, centralized database and application to record and track material usage through complex global supply chains. The web application acts as a venue for information exchange between manufacturers, their suppliers and their suppliers' suppliers about the substances used in all components. For example, HP CDX makes it possible to prove that an engine within an assembled ship consists of an allowable range of materials and substances. At the same time, it stores information for future recycling to ensure safe disposal.
Using HP CDX, manufacturers and their supply chain can share information securely in real time about all materials present in the final product, helping to eliminate hazardous substances and ensuring that reportable substances are declared for recycling. Instead of each company keeping its own records, the central CDX database is easily accessible, efficient and low cost. It also helps manufacturers build robust, efficient compliance strategies for legislation such as extended producer responsibility (EPR), which requires manufacturers to be financially and legally responsible for the life-cycle impact of their products on the environment.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP's businesses; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the protection of HPs intellectual property assets, including intellectual property licensed from third parties; integration and other risks associated with business combination and investment transactions; the hiring and retention of key employees; assumptions related to pension and other post-retirement costs and retirement programs; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's filings with the Securities and Exchange Commission, including HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2012. HP assumes no obligation and does not intend to update these forward-looking statements.
2013 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
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HP helps manufacturers improve product safety and recyclingHP Compliance Data Exchange enables tracking of materials in complex supply chains
