DÜSSELDORF - Henkel Adhesive Technologies has honoured the performances of its strategic partners at its annual Supplier Awards, with the company recognising chemical giant BASF in the ‘Sustainability’ category.
Acknowledging the close and successful collaboration across the value chains during the year, Henkel has also honoured Singapore-based chemical firm Wanhua with two categories, namely ‘Innovation’ and ‘Operational Excellence’.
“The close collaboration with our strategic suppliers and partners is a key success factor to drive sustainable innovations and to generate value for our customers,” said Mark Dorn, executive vice president, Henkel Adhesive Technologies.
“The markets have been characterised by increasing extraordinary pressure on the global supply chains for years now. This challenging environment makes our longstanding and robust partnerships with our strategic suppliers even more important for our business success. In addition, these strategic collaborations play an important role to accelerate our sustainability agenda and to achieve a low-carbon future together.”
Henkel presented its Sustainability Award to BASF for its demonstration of a strong commitment to align on Henkel’s ambitious sustainability agenda and to support the transformation across multiple areas – from reducing environmental footprints to fostering sustainable collaboration in a variety of business areas.
Based on specific technologies identified for prioritisation, the company has implemented robust decarbonisation roadmaps until 2030. In addition, BASF presented various process-emission reduction solutions, showcasing their dedication to environmental responsibility. On top, BASF actively participated in Henkel’s annual ‘Greenhouse Gas Engagement’ exercise with best-in-class data quality for comparability.
Wanhua, a global supplier of innovative chemical products headquartered in Yantai, China, was said to have demonstrated “outstanding innovation partnership” with the largest innovation pipeline across multiple strategic business units.
This strong collaboration has enabled Henkel to launch new innovative products in markets such as sports and fashion, automotive components, functional coatings, and electronics segments.
Wanhua broadened its technology offerings by continuously investing in niche market segments and offered early innovation access to drive strategic cooperation in multiple areas, Henkel said.
“The close cooperation and open exchange with our strategic suppliers throughout the entire value chain enable us to translate the needs and expectations of our customers into impactful solutions”, added Thomas Holenia, corporate vice president purchasing at Henkel.
“Working together and focusing on aligned strategic priorities, makes our joint supply chains more agile and helps us to stay ahead of competition. Thus, we want to thank all of our partners for their continuing strong commitment, which in the past year has been extraordinarily demonstrated by Wanhua.”
