News Release

INEOS Styrolution receives Global Supplier Award 2019 from Bosch

18/07/19

Frankfurt, Germany


  • Dedicated Global Key Account management team contributed to the success
  • Recent innovations including Terluran® Standard White ABS made a difference

INEOS Styrolution, the global leader in styrenics, announces today that the company received the Bosch Global Supplier Award at this year’s award ceremony “Transforming Together. Staying Ahead”, that was held in Blaichach, Germany.

INEOS Styrolution received the award in the category “Purchasing of direct materials - Consumer goods” making the company rank globally among the best suppliers of Bosch as a supplier of technology and services. From its roughly 43,000 suppliers, Bosch singled out 47 suppliers from 15 countries for an award. This is the 16th time that the Bosch Group has rewarded outstanding performance in the manufacture and supply of products or services – notably as concerns quality, costs, innovation, and logistics.

“The winners of the Bosch Global Supplier Award are the cream of the crop,” as Bosch puts it.

Terluran® Standard White ABS (“acrylonitrile butadiene styrene”) was one of the convincing innovations for Bosch. The material that was introduced at the K fair in 2016¹ offers bright, intrinsic colour, reliable product quality, cost-effectiveness and is excellently suited for self-colouring. Terluran Standard White ABS allows customised bright and stable colouring in a cost-efficient high volume production process.

“We share Bosch’s understanding that suppliers today do more than just delivering components. Suppliers are also partners in development and innovations helping Bosch to stay competitive,” says Sven Riechers, Vice President Business Management, Standard Business EMEA at INEOS Styrolution. “Our Bosch/ BSH Global Key Account management team is not only committed to our customer and his goals and objectives, but also coordinates and aligns resources globally as needed for a seamless collaboration.”

About the Bosch Global Supplier Award:

Every two years, Bosch honors the peak of its suppliers from around the world with the Bosch Global Supplier Award. The supplier of technology and services rewards outstanding performance in the manufacture and supply of products and services. A panel of judges selected the award-winners in the categories of indirect materials, raw materials, and components by business sector. In a special category, suppliers were able to submit the judges products, processes, and technologies that offered Bosch a lot of innovation potential. Bosch has been presenting these awards to honor supplier excellence since 1987, and they are highly regarded in the industry.