BASF named a General Motors Supplier of the Year for twelfth time

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Apr 18, 2017, 09:00 ET

SOUTHFIELD, Mich., April 18, 2017 /PRNewswire/ -- BASF was named a 2016 General Motors (GM) Supplier of the Year for the twelfth time since 2002.

The award winners were chosen by a global team of GM purchasing, engineering, quality, manufacturing, and logistics executives. Winners were selected based on performance criteria in product purchasing, indirect purchasing, logistics, customer care and aftersales. With its broad array of color solutions and modern paint processes, BASF's Coatings division helps GM improve productivity and environmental performance.

"We are focused on building positive supplier relationships, bringing new, customer-centric innovations to GM and being the OEM of choice among suppliers," said Steve Kiefer, GM vice president, Global Purchasing and Supply Chain. "The companies we recognize not only have brought innovation, they delivered it with the quality our customers deserve."

"BASF's relationship with GM demonstrates the importance of cultivating partnerships to drive innovation," said Teressa Szelest, President, Market and Business Development North America at BASF. "There is a creative space that lies between a materials provider and a car manufacturer, and BASF looks to fill that with cutting-edge products and solutions."

Ms. Szelest accepted the award on behalf of BASF at the 25^th annual awards ceremony in Orlando, Florida on March 31.

About BASF's Coatings division
The Coatings division of BASF is a global expert in the development, production and marketing of innovative and sustainable automotive OEM and refinish coatings, as well as decorative paints. We create advanced performance solutions and drive performance, design and new applications to meet our partners' needs all over the world. BASF shares skills, knowledge and resources of interdisciplinary and global teams for the benefit of customers by operating a collaborative network of sites in Europe, North America, South America and Asia Pacific. In 2016, the Coatings division achieved global sales of about €3.2 billion.

In 2016, BASF acquired Chemetall, a leading global supplier of applied surface treatments for metal, plastic and glass substrates in a wide range of industries and end markets. With this expansion in portfolio, BASF becomes a more complete solution provider for coatings.

Solutions beyond your imagination – Coatings by BASF. For more information about the Coatings division of BASF and its products, visit www.basf-coatings.com.

About BASF
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has nearly 17,500 employees in North America, and had sales of $16.2 billion in 2016. For more information about BASF's North American operations, visit www.basf.us.

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 114,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of about €58 billion in 2016. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.

SOURCE BASF