Henkel Adhesive Technologies has awarded the performance of its strategic partners with its annual Supplier Awards. The awards honor the close and successful collaboration across the value chains during the year. Henkel recognized BASF in the Sustainability category. For the first time ever, two categories (Innovation and Operational Excellence) have been awarded to Wanhua.
"The close collaboration with our strategic suppliers and partners is a key success factor to drive sustainable innovations and to generate value for our customers," said Mark Dorn, executive vice president, Henkel Adhesive Technologies. "The markets have been characterized by increasing extraordinary pressure on the global supply chains for years now. This challenging environment makes our longstanding and robust partnerships with our strategic suppliers even more important for our business success. In addition, these strategic collaborations play an important role to accelerate our sustainability agenda and to achieve a low-carbon future together."
"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 impactful solutions," added Thomas Holenia, corporate vice president of Purchasing at Henkel. "Working together and focusing on aligned strategic priorities, makes our joint supply chains more agile and helps us to stay ahead of competition. Thus, we want to thank all of our partners for their continuing strong commitment, which in the past year has been extraordinarily demonstrated by Wanhua."
Sustainability Award: BASF
Henkel presented its Sustainability Award to BASF SE, a leading chemical company in the field of polymer dispersions and additives for coating, construction, and adhesive applications headquartered in Ludwigshafen/Rhine, Germany. In 2024, BASF demonstrated a strong commitment to align with Henkel's ambitious sustainability agenda and to support the transformation across multiple areas – from reducing environmental footprints to fostering sustainable collaboration in a variety of business areas. Based on specific technologies identified for prioritization, the company has implemented robust decarbonization roadmaps until 2030. In addition, BASF presented various process-emission reduction solutions, showcasing its dedication to environmental responsibility. Additionally, BASF actively participated in Henkel's annual "Greenhouse Gas Engagement" exercise with best-in-class data quality for comparability.
Innovation Award: Wanhua
Henkel has awarded its Innovation Award to Wanhua, a global supplier of innovative chemical products headquartered in Yantai, China. In 2024, the company demonstrated outstanding innovation partnership, with the largest innovation pipeline across multiple strategic business units. Henkel reports that the collaboration has enabled the company to launch new innovative products in markets such as sports and fashion, automotive components, functional coatings, and electronics. Wanhua broadened its technology offerings by continuously investing in niche market segments and offered early innovation access to drive strategic cooperation in multiple areas.
Operational Excellence Award: Wanhua
Henkel has also presented its Operational Excellence Award to Wanhua. In this category, Wanhua was recognized for its extraordinary support of Henkel’s Operational Excellence agenda. Wanhua provided continuous supply at targeted "On-Time-In-Full" levels while exceeding "Supplier Complaint Management" targets. In addition to its best-in-class supply performance, the company has supported Henkel's long-term resilience agenda by improving its supply chain transparency and by closing all risk actions while adhering to all regulatory requirements.
Learn more about Henkel at www.henkel.com.
