Cognis Receives PACCAR Preferred Supplier Award Company Recognized for Exceptional Customer Service, High-Quality Products.Business Editors & Automotive Writers CINCINNATI--(BUSINESS WIRE)--Feb. 28, 2002 Cognis North America's commitment to providing quality customer service and top-notch products has been recognized globally. PACCAR PACCAR Pacific Car and Foundry Company (former railroad car manufacturer now parent corp of Peterbilt & Kenworth Truck) , global manufacturer and marketer of heavy- and medium-duty Kenworth, Peterbilt, DAF, Foden and Leyland trucks Leyland Trucks is a British truck manufacturer based in Leyland, Lancashire. It emerged from the bankruptcy of DAF NV as the result of a management buy-out, and was later acquired by PACCAR, of which it is now a subsidiary. , honored Cognis with Preferred Supplier status. Currently, only 96 of PACCAR's more than 800 suppliers have achieved and maintained Preferred Supplier status worldwide. To be eligible for the PACCAR Preferred Supplier Award, companies must complete QS9000 and ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. certification, system quality tests implemented by the Automotive Industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. Action Group. Award recipients are selected based on an extensive set of criteria established by PACCAR, including technologically advanced products, competitive prices, manufacturing quality and timeliness of delivery. Cognis earned the award by making customer satisfaction its number one priority. The company works side-by-side with customers to develop solutions to meet customer needs. The result is a streamlined, cost-effective operation -- beginning to end. The Synlubes Technology division of Cognis attributes its success to a heavy focus on customer satisfaction, while providing higher value solutions throughout the customer's supply chain. Cognis continues to build its foundation of satisfied customers with seamless teamwork throughout all divisions. Both PACCAR and Cognis embrace the Six Sigma Not to be confused with Sigma 6. Six Sigma is a set of practices originally developed by Motorola to systematically improve processes by eliminating defects.[1] A defect is defined as nonconformity of a product or service to its specifications. philosophy -- higher quality results in lower costs, increased productivity and customer satisfaction. Six Sigma practices provide continuous quality improvement in manufacturing processes. Preferred Suppliers demonstrate increased incentives and responsibilities by creating mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" methods that improve productivity and quality between the company and PACCAR. Cognis exemplifies the PACCAR Preferred Supplier by exceeding industry standards for client-service and quality expectations. Cognis looks forward to further building its business partnership with PACCAR through deeper involvement in strategic business and engineering projects. Cognis is the name under which the chemical activities of the Henkel Group were set up as a separate legal entity on August 1, 1999. On November 30, 2001, Cognis was acquired by the investors the Permira Funds, GS Capital Partners, and the Schroder Ventures Life Sciences Funds. In 2000, Cognis recorded sales of 3.2 billion euros and an operating profit Operating profit (or loss) Revenue from a firm's regular activities less costs and expenses and before income deductions. operating profit See operating income. of 220 million euros. Compared to the previous year, this represents a rise of 11.6% in sales and 23% in operating profit. In the first three quarters of 2001, sales came to 2.4 billion euros, and operating profit to 166 million euros. Cognis is a worldwide leader in specialty chemicals A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. with almost 9,100 employees in close to 50 countries on all continents. The most important customers are in the detergents and cleaners industry, the cosmetics industry, nutrition & health, and a number of other industrial markets such as synthetic lubricants lubricants preparations for the lubrication of passages to reduce frictional injury, e.g. oily preparations, including petroleum jelly, lanolin or water-soluble preparations such as methyl cellulose. , coatings and inks, textiles, and plastics, as well as agrosolutions. |
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