Nouryon announces recipients of 2022 Supplier of the Year Awards

Nouryon recently recognised nine of its top global sourcing partners through its annual 2022 Supplier of the Year Awards event held in Rome, Italy. The awards recognise outstanding global suppliers that distinguished themselves by contributing to Nouryon’s leading position in speciality chemicals and exceed expectations.

Suppliers are identified and rated based on strategic spend, shared commitment to innovation and sustainability, overall supplier performance and actions taken to improve Nouryon’s competitiveness. Award recipients were recognised for outstanding performance in three categories: Innovation, Reliability and Sustainability.

"Congratulations to our 2022 Supplier of the Year Award winners. Our suppliers are vital to Nouryon’s success, and we value their resilience as well as their commitment to pursuing innovation, reliability and sustainability, despite facing a challenging supply chain environment,” said Charlie Shaver, Nouryon Chairman and CEO. "It is through our close collaboration with suppliers that we are able to continue to innovate and grow with customers, support our strong market position and drive sustainable growth for our company.”

The winners of the 2022 Nouryon Supplier of the Year Awards and related award criteria include:

Innovation

The award recognises suppliers for demonstrating creative and alternative solutions to a process or technology and shows its transformative potential to deliver value to Nouryon.

• Hapag-Lloyd
• Hosokawa Micron
• Oleon

Reliability

Award recipients were recognised for exceptional supply reliability, collaboration, and close partnership with Nouryon while facing a challenging supply and demand environment.

• Exsif
• Indorama Ventures
• Heraeus Group
• Sumitomo Chemical

Sustainability

The award recognises suppliers who share and support Nouryon’s high sustainability standards as measured in the EcoVadis Corporate Social Responsibility (CSR) platform. The platform assesses and tracks the sustainability performance of suppliers based on their policies, actions, and results.

• Deutsche Bahn
• Evonik

"Nouryon’s global reputation for delivering essential and sustainable solutions to customers relies on an international and diverse supply network,” said Stephen Hester, Vice President and Chief Procurement Officer at Nouryon. "We are pleased to recognise a few of our partners that performed at outstanding levels with these awards and look forward to continuing to collaborate, innovate and raise the bar for performance with our suppliers in 2023.”

Nouryon’s commitment to ethical business practices is outlined in its Code of Business Conduct & Ethics and our Business Partner Code of Conduct. Suppliers are meticulously vetted to ensure the company sources responsibly and selects partners that share and support the company’s high standards.

In 2022, Nouryon was awarded a Platinum rating by EcoVadis for its sustainability achievements. This rating places Nouryon in the top 1% of companies assessed by the global sustainability ratings provider.