Henkel Adhesive Technologies recently announced that it has rewarded the performance of its strategic partners with its annual Supplier Awards. With these recognitions, the business unit honors the close and successful collaboration across the value chains. This year, Eastman, BYK, and Evonik were awarded in the categories of Operational Excellence, Innovation, and Sustainability, respectively.
“The close collaboration between Henkel and our strategic suppliers is a key success factor for our business,” said Michael Todd, global head of Innovation and New Business Development at Henkel Adhesive Technologies, during this year’s award ceremony in Düsseldorf. “Their know-how and performance enable us to continuously drive powerful innovations and to unlock new potentials across our businesses. These strong and trustful partnerships are essential to develop innovative solutions for our customers and to further gain competitive advantages in the diverse markets we serve.”
“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 tailor-made and meaningful solutions,” said Thomas Holenia, Henkel’s corporate vice president for Purchasing. “By aligning our strategic priorities and supply chains we increase agility and quality and achieve excellence in supply performance, innovation and sustainability. This is even more important in today’s challenging market environment across the globe.”
Henkel reports that it presented the Operational Excellence Award to Eastman for the company´s outstanding supply performance over several consecutive years, as well as its ongoing efforts to ensure competitiveness in an increasingly challenging market environment. Eastman has delivered an excellent service level degree with best-in-class “On-Time” and “In-Full” scores. In addition, the company demonstrated its commitment to top-tier quality standards, as well as a strong mutual cooperation among the supply chain teams of Henkel and Eastman, a first-class delivery performance along with an exceptional view on chemical feedstocks.
BYK received the Innovation Award from Henkel. Headquartered in Wesel, Germany, and member of the Altana group, BYK’s additives are performance-critical ingredients in a variety of formulations across adhesives, sealants, and construction chemicals. According to Henkel, the collaboration was based on open exchange and an early access to innovations, which resulted in BYK’s growing contribution to numerous innovation projects and successful product launches of the Adhesive Technologies business unit. BYK was recognized for its strong customer orientation and excellent technical customer service. Customer centricity has been also proven by digital training and information sharing via exclusive tools and channels that helped to increase the interconnectivity of BYK with Henkel’s global R&D community.
Henkel presented the Sustainability Award to Evonik in recognition of the company’s achievements to develop innovative product solutions while reducing environmental impact. In 2019, the company demonstrated excellent support on Henkel’s sustainability targets and showed the best contribution to Henkel’s sustainability objectives. The strong partnership between both companies was characterized by an open exchange and access, with focus on sustainable innovations. The strong collaboration resulted in a solution-based project portfolio, including bio-based materials, improvements for a circular economy, replacements of substances of very high concern (SHVC), and transparency on CO2 footprint data.