São Paulo, Brazil – May 7, 2014 – BASF was elected one of the best suppliers of the year by Hyundai Motor Brazil. The company received the award “Supplier of the Year 2013 – Excellence in General Purchasing” as recognition for supplying waterborne automotive coatings for Hyundai’s HB20 model manufactured in Piracicaba, Brazil.
The award includes the assessment of requirements such as cost management, quality and delivery. Hyundai is one of BASF’s global automotive customers. BASF has been working in close partnership with Hyundai since the beginning of paint process installation at the Piracicaba plant. Here, a shortened integrated process was implemented for the first time in South America. In addition to using waterborne materials, the paintline is shortened by one step. This means that less material, time and energy are used for the application of the coating.
“The award is a recognition of our successful partnership. It demonstrates the great commitment of our international team to deliver sustainable solutions, anticipating the needs of our customer,” said BASF Key Account Manager for Automotive OEM Coatings in Brazil, Fabian Garcia.
About the Coatings division
BASF’s Coatings division develops, produces and markets innovative automotive coatings, automotive refinishes and industrial coatings as well as decorative paints. We operate sites in Europe, North America and South America as well as Asia Pacific. Within this network, we collaborate closely with our customers all over the world. In 2013, the Coatings division achieved global sales of €2.9 billion. More information about the division is available at www.basf-coatings.com.
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of about €74 billion in 2013 and over 112,000 employees as of the end of the year. 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.