BASF Names Swagelok as a Global Preferred A-Supplier
SOLON, Ohio (April 2, 2008) - Swagelok Company today announced its designation by BASF as a global preferred A-supplier for fluid systems technologies. This important award by BASF, the world's leading chemical company, was celebrated with the signature of a new agreement and the handover of a BASF Procurement Verbund Global Supplier Certificate.
BASF uses Swagelok® products in a variety of applications. Swagelok delivers its products and services on a worldwide basis not only in the United States, but also in Europe and in Asia. BASF's Procurement Verbund Supplier Certificate is awarded to companies that not only meet its worldwide procurement standards, but have also attained outstanding standards for technical innovation and highest product quality.
Matthias Fankhänel, senior vice president, BASF global procurement and logistics, said, "BASF sets demanding standards and has high expectations towards its suppliers. Swagelok deserves our recognition because it has been working very hard to meet these standards. The certificate acknowledges Swagelok's success and establishes new goals for BASF's suppliers."
Arthur F. Anton, Swagelok president and chief executive officer, said, "We are committed to consistently creating measurable value for our customers. We are tremendously proud and grateful that BASF has demonstrated its continued trust and confidence in our ability to provide the highest levels of performance, quality, and on-time delivery. As the preferred supplier, we are now in a position to provide BASF with its desired global support for Swagelok products through our extensive network of authorized sales and service centers around the world."
Headquartered in Solon, Ohio, U.S.A., Swagelok Company is a major developer and provider of fluid system solutions, including products, assemblies, and services for the research, instrumentation, pharmaceutical, oil and gas, power, petrochemical, alternative fuels, and semiconductor industries. Its manufacturing, research, technical support, and distribution facilities support a global network of more than 200 authorized sales and service centers in 57 countries. For more information about Swagelok, visit the company's Web site at www.swagelok.com.
BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals. As a reliable partner BASF helps its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF has more than 95,000 employees and posted sales of almost 58 billion (approximately $66.1 billion) in 2007. Further information on BASF is available on the Internet at www.basf.com.
Pat Carlson
Swagelok Company
440/649-4552
pat.carlson@swagelok.com
Kai Minck
BASF SE
+49 621 60-52711
kai.minck@basf.com
Swagelok Company
31400 Aurora Road
Solon, Ohio 44139
www.swagelok.com
