-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, E/yY0gBsH0mCY7DwVl8oZ9zjGrFQWPgUA/ftMpRGjFGYeapFYNWJWwTLD7bqk5y7 4jeaQK/uTbE32plHiMj7qA== 0000066479-97-000011.txt : 19970508 0000066479-97-000011.hdr.sgml : 19970508 ACCESSION NUMBER: 0000066479-97-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970502 ITEM INFORMATION: Changes in control of registrant FILED AS OF DATE: 19970507 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MILLIPORE CORP CENTRAL INDEX KEY: 0000066479 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] IRS NUMBER: 042170233 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09781 FILM NUMBER: 97596846 BUSINESS ADDRESS: STREET 1: 80 ASHBY RD CITY: BEDFORD STATE: MA ZIP: 01730 BUSINESS PHONE: 6172759200 MAIL ADDRESS: STREET 1: 80 ASHBY ROAD CITY: BEDFORD STATE: MA ZIP: 01730 FORMER COMPANY: FORMER CONFORMED NAME: MILLIPORE FILTER CORP DATE OF NAME CHANGE: 19661116 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 2, 1997 MILLIPORE CORPORATION (Exact name of registrant as specified in its charter) Massachusetts 0-1052 04-2170233 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation or No.) organization) 80 Ashby Road, Bedford, Massachusetts 01730 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (617) 275-9200 Item 5. Other Events On May 2, 1997, the Environmental Quality Board (EQB) of Puerto Rico served an administrative order on Millipore Cidra, Inc., a wholly-owned subsidiary of Millipore Corporation (the Registrant). The administrative order alleges: (i) that the nitrocellulose filter membrane scrap produced by Millipore Cidra's manufacturing operations is a hazardous waste as defined in EQB regulations; (ii) that Millipore Cidra, Inc. failed to manage the nitrocellulose membrane scrap as a hazardous waste; and (iii) that such failure violated EQB regulations. The EQB has proposed a fine of $96.5 million against Millipore Cidra, Inc. On May 5, 1997 the Registrant issued a press release commenting on the administrative order received by Millipore Cidra, Inc. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit 99 Press Release dated May 5, 1997 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MILLIPORE CORPORATION (Registrant) Date: May 6, 1997 /s/ Michael P. Carroll Michael P. Carroll Vice President and Chief Financial Officer EXHIBIT 99: Press Release dated May 5, 1997 For Immediate Release Investor Contact: Media Contact: Geoffrey Helliwell Tom Anderson Director, Treasury Operations Director, Corporate Communications (617) 533-2032 (617) 533-2225 (800) 225-3384 (800) 225-3384 Geoffrey_Helliwell@millipore.com Thomas_Anderson@millipore.com Millipore Comments On Administrative Order By Environmental Quality Board Of Puerto Rico Bedford, Massachusetts, May 5, 1997 -- Millipore Corporation (NYSE/MIL) today issued the following statement with respect to an administrative order received by its wholly-owned subsidiary, Millipore Cidra, Inc., from the Environmental Quality Board of Puerto Rico. Millipore Cidra stated that membrane scrap from its production of nitrocellulose-based membrane is not a hazardous waste. The Company believes that good science should prevail in this matter and expects to achieve timely and favorable resolution of this issue. After the close of business Friday, May 2, the EQB served an administrative order alleging that membrane scrap discarded during the production of Millipore Cidra's nitrocellulose-based membrane is a hazardous waste. The EQB proposes a fine of $96.5 million against Millipore Cidra, Inc. However, the Company's experience in manufacturing and handling the membrane scrap, supported by analytical tests performed in accordance with applicable U.S. Environmental Protection Agency and EQB regulations show that such waste is not a hazardous waste under such regulations. Millipore Cidra, Inc., based in Cidra, Puerto Rico, employs 310 persons and has operated in Puerto Rico for twenty years. Millipore Corporation, its parent company, has an established health, safety and environmental policy which has been adopted by Millipore Cidra, Inc. Millipore Cidra's nitrocellulose-based membrane is a specialized filter used across a wide range of research and commercial applications. Examples of such uses include the filtering of fluids used in the production of pharmaceutical products, water testing and quality control processes for consumer beverages. Millipore produces over 50 filtration materials, in addition to the nitrocellulose-based membrane. Millipore is a multinational high technology company that applies its purification technology to critical research and manufacturing problems in the microelectronics, biopharmaceutical and analytical laboratory markets. The matters discussed herein are forward-looking statements and are based on current management expectations that involve substantial risks and uncertainties (including the uncertainties of litigation) which could cause actual outcomes to differ materially from those expressed in, or implied by, these forward- looking statements. Potential risks and uncertainties that could affect the Company's future operating results include, without limitation, foreign exchange rates; increased regulatory concerns on the part of the biopharmaceutical industry; further consolidation of drug manufacturers; competitive factors such as new membrane technology, and/or a new method of chip manufacture which relies less heavily on purified chemicals and gases; availability of component products on a timely basis; inventory risks due to shifts in market demand; change in product mix; conditions in the economy in general and in the microelectronics manufacturing market in particular; the difficulty in integrating acquired companies; potential environmental liabilities; the inability to utilize technology in current or planned products due to overriding rights by third parties, and the risk factors listed from time to time in the Company's filings with the SEC. To receive the latest information about Millipore via FAX, dial (800) 758-5804 (PIN#101371). To access Millipore's Web site, go to URL http:www.millipore.com. -----END PRIVACY-ENHANCED MESSAGE-----