BASF Coatings Earns PACE Honorable Mention
Münster / Detroit. BASF Coatings Solutions today announced that it received an Automotive News PACE (Premier Automotive Suppliers’ Contribution to Excellence) honorable mention at a ceremony held April 14 in Detroit. The 14th annual PACE Award is jointly presented by Automotive News, Microsoft, SAP and Transportation Research Center Inc.
“Two of the four strategic pillars of BASF – The Chemical Company are ‘ensure sustainable development’ and ‘help our customers to be more successful.’ The innovative new technologies from BASF Coatings underscores our commitment to the strategic pillars of BASF,” said Jay Baker, Group Vice President of BASF Coatings North America.
Recognizing superior innovation, technological advancement and business performance, the Automotive News PACE Award is open to suppliers that contribute products, processes, information technology, materials or services directly to the manufacture of cars or trucks. The award is accepted around the world as the industry symbol of innovation.
BASF earned an honorable mention in the product category which recognizes innovations in new products or services or in new product and service development and introduction processes that have significant market impact and act as “game changers” in the automotive industry.
The Automotive News PACE Award also recognizes suppliers’ superiority in three additional categories: Product – Europe; Information Technology and Services and Manufacturing Processes and Capital Equipment.
About BASF Coatings
BASF Coatings, the Coatings Division of the BASF Group, develops, produces and markets a high-quality range of innovative automotive OEM coatings, automotive refinishes and industrial coatings as well as decorative paints. BASF has significant market positions in the Coatings sector in Europe, North America, South America and the Asia/Pacific region. In 2007 BASF Coatings achieved global sales of almost 2.6 billion euros. The internet address of BASF Coatings is www.basf-coatings.com
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from oil and gas to chemicals, plastics, performance products, agricultural products and fine chemicals. As a reliable partner BASF helps its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF has more than 95,000 employees and posted sales of almost €58 billion in 2007. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.