BASF awarded Best Supplier by Sharp for a second consecutive year

• BASF recognized for achieving the highest level of excellence in quality, delivery, and cost performance

Indonesia – July 11, 2023 - BASF has again been recognized as a Best Supplier for Sharp Electronics Indonesia (SEID)’s refrigerator division 2022, having achieved the highest level of excellence and consistently exceeded SEID’s expectations in quality, delivery, and cost performance.

“This award reflects BASF’s hard work and dedication in delivering the highest quality products and materials as one of our strategic suppliers,” said Tony Endri Hariandja, General Manager Procurement of SEID. “BASF has been an instrumental partner to us with their commitment to excellence and attention to detail, and we look forward to a continued strong partnership.”

The award was presented to BASF for the second consecutive year at the SEID annual supplier meeting.

“BASF has been a supplier of high-performance polyurethane to SEID for 12 years, providing innovative and sustainable materials for refrigerator insulation. We are proud to receive this recognition from SEID and are committed to continuing our successful collaboration,” said Joshua Lau, BASF Head of Performance Materials Indonesia.

One of the innovative solutions BASF supplies to SEID is Elastocool^®, a pentane-based polyurethane rigid foam system for insulating refrigerators and freezers.

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €87.3 billion in 2022. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.

About BASF’s Performance Materials division

BASF’s Performance Materials division is at the forefront of the much-needed sustainability transformation in plastics. Our products are co-created with customers around the globe to bring innovations to four major industry sectors – transportation, consumer goods, industrial applications, and construction. Our R&D focuses on all stages of the plastics journey: Make, Use and Recycle. The MAKE phase is about improving how plastics are made, from product design to the choice of raw materials and the manufacturing process itself. The USE phase enhances plastics’ strengths such as light weight, robustness, and thermal resistance. At the end of the product lifecycle, the RECYCLE phase looks at how to close the loop to achieve a circular economy. In 2022, the Performance Materials division achieved global sales of €8.5 billion. Join #ourplasticsjourney at: www.plastics.basf.com