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BFA Basf Reg

65.75
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Basf Reg LSE:BFA London Ordinary Share DE000BASF111 BASF SE REG SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 65.75 64.75 66.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

BASF named Sustainability Supplier of the Year by FCA US

08/05/2017 4:36pm

PR Newswire (US)


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WYANDOTTE, Mich., May 8, 2017 /PRNewswire/ -- BASF was named the 2017 FCA US LLC Sustainability Supplier of the Year for the second time. Winners were selected based on a rating system that evaluates supplier performance in quality, delivery, cost, warranty, and partnership, as well as input from FCA senior leadership. BASF was also honored for its robust sustainability strategy, goals, and programs, which served as a key differentiator.

FCA senior leadership also highlighted BASF's willingness to share best practices, key insights, and knowledge. Last fall, BASF co-hosted the first Responsible Sourcing workshop with FCA US to raise awareness of and promote sustainability along the supply chain. The workshop brought together more than 40 Tier 1 and Tier 2 suppliers to discuss sustainability strategies and develop action plans.

"We honor those who continue to fuel our momentum by providing us not only the best ideas and cutting-edge technologies, but also the suppliers who consistently, exceed our expectations," said Scott Thiele, Chief Purchasing Officer, FCA – Global.

"BASF and FCA's ongoing collaboration enables our commitment to sustainable innovation," said Nader Mahmoud, Vice-President, Market and Business Development North America at BASF. "This award is an outstanding representation of our partnership as we continue to share best practices and progress between our sustainability teams."

Representatives from BASF accepted the award at a ceremony in Detroit on May 2.

For a press photo, please click the following link:

https://www.basf.com/us/en/company/news-and-media/news-releases/2017/05/P-US-17-048.html

Suggested caption: On May 2, the FCA Sustainability Supplier of the Year award was presented to BASF. Accepting the award: Bill Hall, Director Sustainability and Business Continuity, FCA US LLC, Nader Mahmoud, BASF Vice President Market and Customer Development North America, Chris Toomey, Sr. Vice President Coatings Division North America at BASF and Scott Thiele, Chief Purchasing Officer, FCA – Global.

About BASF and the Automotive Industry

The automotive industry is one of BASF's key customer industries. In 2016, BASF's automotive driven sales totaled €10billion – representing approximately 17 percent of BASF Group's sales. BASF supplies and develops functional materials and solutions that enable vehicles to be built more efficiently and have a lower environmental impact, whatever powertrain technology they use. BASF's product range includes for example plastics, coatings, catalysts, automotive fluids as well as battery materials. With such an extensive range of products, BASF is the world's leading chemical supplier to the automotive industry. BASF cooperates closely with customers all over the world through a network embracing Europe, Asia-Pacific, North and South America as well as Africa. Further information on BASF's solutions for the automotive industry is available on the internet at automotive.basf.com.

About BASF

BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has nearly 17,500 employees in North America, and had sales of $16.2 billion in 2016. For more information about BASF's North American operations, visit www.basf.us.

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of about €58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/basf-named-sustainability-supplier-of-the-year-by-fca-us-300453231.html

SOURCE BASF

Copyright 2017 PR Newswire

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