2nd Consecutive Performance Award for V-LINE EUROPE from SABIC
Al-Jubail, Saudi Arabia, 04/12/2006
Jubail, Saudi Arabia 12 April 2006. Saudi Basic Industries Corporation (SABIC), the Saudi Arabian Joint Stock Company established in 1976 CE(1396 AH) to produce and market world-wide superior quality petrochemicals, fertilisers and metals, today, for the 2nd time, recognised V-LINE EUROPE GmbH of Sehnde near Hanover, Germany, an industrial procurement services provider of MRO products, for outstanding performance. The award was based on the Year 2005 record of on-time delivery and near zero defect supply of quality materials.
“SABIC Strategic Management Organization has recognised their valuable suppliers for the third time “ said Mutlaq H. Al Morishid VP, Shared Services “ and having raised the qualification bar this time the 2005 award signifies that V-LINE EUROPE services improved our overall SABIC performance by more than 1%”.
“To receive this recognition two times in a row is the result of constant improvement, hard work and the aim to be and to stay one of the best vendors for SABIC.” said Detlev Daues Managing Director of V-LINE EUROPE during the awards ceremony event at the Science & Culture Center Conference Hall Fanateer Area in Jubail Industrial City. “ The SABIC employees should be proud of challenging the right partner with high standards and for the V-LINE EUROPE team I am moved that all their hard work and outstanding performance has been recognized today by one of the most important members of Kingdom of Saudi Arabia Industry.”
About SABIC
Saudi Basic Industries Corporation (SABIC) was established in 1976 to add value to Saudi Arabia’s natural hydrocarbon resources. Headquartered in Riyadh, SABIC is today among the leading petrochemical companies in sales and product diversity - with global rankings: petrochemicals 7th, overall polyolefins 4th, polyethylene 3rd and polypropylene 6th. SABIC is also The Middle East’s largest non-oil industrial company.
SABIC is a multinational producer with 23 plants: Saudi Arabia-18, Bahrain-3 & Europe-2 (Germany, the Netherlands).Major product sectors are Basic Chemicals, Intermediates, Polyolefins, PVC and Polyesters, Fertilizers and Metals.Customers are on all continents, supported by a global network of logistic hubs, storage and distribution facilities and sales offices. The company operates four research and technology centers: at home in Riyadh and Al-Jubail and abroad in the USA and India. The total number of employees worldwide is 16,000 of which 2300 are in Europe.
SABIC is owned by the Saudi Government (70%) and private sector (30%). Private sector shareholders are from Saudi Arabia and other countries of the six-nation Gulf Cooperation Council (GCC).
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