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May 12, 2019

Evonik Performance Materials receives SABIC Supplier Recognition Award

Evonik Performance Materials has received the SABIC Supplier Recognition Award in recognition of its overall performance and positive contribution for 2018.

The SABIC Supplier Recognition Program honors selected partners who sustainably support the strategy of SABIC (Saudi Basic Industries Corporation) and achieve the best competitive advantage.

The award shows that the vision "Chemistry4People: Shaping the future of C4Chemistry together with our customers" has become part of the long-standing and trusting cooperation between SABIC and Evonik. While Evonik supplies an important comonomer for polyethylene production, SABIC contributes important raw materials for the C4 compound. This mutual relationship is important for the long-term importance of collaborative cooperation.

The awards ceremony took place in April in Al-Jubail, Saudi Arabia. Arnd Schade, Market Segment Manager Rubber & PE Monomers in the Performance Intermediates Business Line, accepted the award in person. "We are very proud to receive this award for our exceptional collaboration with SABIC. This motivates us to continue our strategy. Trust and reliability are important components of our mutual business relationships," said Arnd Schade. "Communication and personal interaction are essential to better position SABIC in its markets". In this case, even across national borders and cultural divides.

“We are creating the future of C4-chemistry together with our customers—and in an intelligent way, by helping customers be more successful in their markets,” added Dr. Dirk Höhler, head of Marketing & Sales in the Performance Intermediates business line. “This is a win-win-situation. The better SABIC positions itself in its markets, the better our long-term business with SABIC will develop.”

Company information

Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, customer-oriented innovative prowess and a trustful and performance-oriented corporate culture form the heart of Evonik’s corporate strategy. They are the lever for profitable growth and a sustained increase in the value of the company. Evonik benefits specifically from its customer proximity and leading market positions. Evonik is active in over 100 countries around the world. In fiscal 2018, the enterprise with more than 32,000 employees generated sales of €13.3 billion and an operating profit (adjusted EBITDA) of €2.15 billion from continuing operations.

Disclaimer

In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.