Energizer 2010 Annual Report Download - page 30

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ENERGIZER HOLDINGS, INC.
(Dollars in millions, except per share and percentage data)
20
subject to additional environmental liabilities in the future that could cause a material adverse
effect on our results of operations or financial condition.
While we believe we have obtained the necessary regulatory approvals to manufacture and sell
our currently marketed products, new or more restrictive regulations or more restrictive
interpretations of existing regulations could have an adverse impact on our businesses.
The Food and Drug Administration is considering a monograph which would establish
testing and labeling requirements for sunscreen products.
The Food and Drug Administration (FDA) is expected to release a final rule on the sunscreen
monograph, which may include changes on such elements as usage, active ingredients, testing
and product labeling. While we are unable to estimate the costs of compliance with any new
changes in the regulations at this time, the increased cost to comply with the regulations could
be significant to Energizer.
Energizer’s manufacturing facilities or supply channels may be subject to disruption
from events beyond our control.
We currently operate a number of manufacturing and packaging facilities worldwide for our
Household Products and Personal Care businesses. Operations at such facilities may be
subject to disruption for a variety of reasons, including:
• availability of raw materials;
• work stoppages or other labor disputes;
• industrial accidents or other occupational health and safety issues;
• disruptions in logistics;
• loss or impairment of key manufacturing sites;
• raw material and product quality or safety issues;
• licensing requirements and other regulatory issues; and
• acts of war, terrorism, pandemics, fire, earthquake, flooding or other natural disasters.
There is a possibility that third party manufacturers, which produce a significant portion of
certain of our products, could discontinue production with little or no advance notice, or
experience financial problems or problems with product quality or timeliness of product
delivery, resulting in manufacturing delays or disruptions, regulatory sanctions, product liability
claims or consumer complaints.
Although we have contingency plans in place, and our multiple facilities and third-party
suppliers can provide alternative sources of product supply in the event of manufacturing
disruptions, if a major disruption were to occur, it could result in delays in shipments of products
to customers or suspension of operations.