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 recognized 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:
The award recognizes suppliers for demonstrating creative and alternative solutions to a process or technology and shows its transformative potential to deliver value to Nouryon.
- Hosokawa Micron
Award recipients were recognized for exceptional supply reliability, collaboration, and close partnership with Nouryon while facing a challenging supply and demand environment.
- Indorama Ventures
- Heraeus Group
- Sumitomo Chemical
The award recognizes 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.
“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 recognize 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. To learn more about Nouryon’s sustainability commitments, download the 2021 Sustainability Report or visit our Sustainability webpage.