MOSCOW (MRC) -- BASF received General Motors’ (GM) Supplier of the Year Award for the 10th time in the past 13 years, reported the company on its site.
The award was presented to Joe Schmondiuk, Vice President of Global Accounts BASF Corporation, during GM’s annual awards ceremony at Cobo Center in Detroit.
"BASF is pleased to have once again earned this recognition from GM," said Schmondiuk. "It demonstrates the great commitment and capability of our team to offer the innovative solutions that GM needs. We view GM as a key partner in the automotive industry and are pleased that we were able to support them on several key product launches in 2014."
BASF’s Coatings division supports GM by combining modern paint processes with special effect pigments and technologies. BASF offers a broad array of color solutions and processes that enable car makers to improve productivity and environmental performance.
GM’s Supplier of the Year program began in 1992, and each year a global team of purchasing, engineering, quality, manufacturing and logistics executives determine the winners of the Supplier of the Year Award. Winners represent "World Class" performance leaders in the areas of quality, technology, price and service.
As MRC informed previously, BASF will expand its capacity for the production of Paliocrom effect pigments by more than 20% by 2017 in Ludwigshafen, Germany.
BASF is the largest diversified chemical company in the world and is headquartered in Ludwigshafen, Germany. BASF produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries. BASF had sales of over EUR74 billion in 2014 and over 113,000 employees as of the end of the year.
MRC