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Monday, May 6, 2024

B.I.G awarded FM Global “Highly Protected Risk” status for production site

Beaulieu Fibres International has announced the achievement of Highly Protected Risk (HPR) status for its production site in Wielsbeke. It is a designation that means a facility meets the highest industry standards for property protection.

HPR status was awarded by FM Global, Beaulieu International Group’s (B.I.G.) industrial property and business interruption insurer for the past three years. The company offers B.I.G a unique concept that supports the Group in reducing its exposure to loss and increasing its business resilience.

The Beaulieu Fibres International site produces high performance fibres for a large variety of applications and market segments. It scored exceptionally well in its FM Global assessment which focused on aspects including fire protection, protection against natural hazards, mechanical breakdown of machinery, cyber risks and consequent business interruption.

Its overall risk mark of 83 ranks it within the top 25% of its industry for fire risk prevention and protection.

Ms Maria Teresa Tomaselli, Global Sales Director Fibres, commenting on the Award, said, “This HPR fibre production site reinforces strongly our supply chain security and demonstrates our engagement towards our customers and partners. Our contingency planning and risk management are essential, well-considered elements within our long-term business strategy to demanding sectors such as Automotive, Geotextiles, Flooring industries.” Beaulieu Fibres International Wielsbeke is the fourth facility in the Group to attain HPR status, and the third in Europe. Fire risk prevention is a part of the Group’s broader risk management activities. B.I.G. is investing in increasing the level of protection at all its plants to protect business continuity.

All business units of B.I.G. are also implementing a number of safety programmes to maintain strong safety records and further raise awareness of workplace safety.

Karena Cancilleri, Vice President Beaulieu Engineered Products, commented: “I am proud of Beaulieu Fibres International for achieving the highly-regarded FM Global HPR Award and setting an example for the whole Beaulieu International Group. This positive step reflects the strong commitment of the Engineered Products business unit and the rest of the Group to improve safety and protect our staff, workplaces and production facilities.”

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