Press Release

Thomas Marquardt, Managing Director WIPAG Deutschland GmbH

# Products # Company

16.03.2018   14:03

WIPAG Deutschland GmbH awarded European wide sustainability standard

Hamburg, 03/16/2018. WIPAG Deutschland GmbH, an ALBIS Group company and a specialist in the processing and manufacturing of polypropylene based closed loop product solutions and innovative carbon fiber based compounds, has achieved European wide Corporate Social Responsibility (CSR) standard certification. The specialist assessors, EcoVadis, use a comprehensive set of criteria in the assessment including environmental, social and ethical factors and sustainable procurement. It is based on international CSR standards such as the Global Reporting Initiative, the United Nations Global Compact and ISO 26000. EcoVadis awarded WIPAG a silver level CSR rating.

Thomas Marquardt, WIPAG Managing Director, says: "Following the comprehensive assessment procedure, we are very pleased to have been classed as one of the top performing companies by EcoVadis. It confirms that we are on the right track for international growth with our forward-looking innovative technology and it is an important indicator of reliable cooperation with our business partners and customers."

Along with their ratings, EcoVadis provides companies with a decision-making tool for collaborating with suppliers in global supply chains, including companies operating internationally such as BASF, Merck and Bayer.

Certification like this has particular relevance for things such as the background to EU Commission decisions, the current CO2 limit regulations and the German Federal Administrative Court's ban on diesel vehicles in major cities.

"Carbon fiber based compounds and closed loop recycling technology are important components for more sustainability and resource-saving lightweight concepts in the automotive industry," says Marquardt.

Author

Lennart Meyer

Specialist Communication & PR

+49 40 78105-523 +49 40 78105-523

moc.sibla@reyem.trannel

ALBIS PLASTIC profile in brief

ALBIS PLASTIC is one of the leading globally operating companies in the distribution and compounding of technical thermoplastics and thermoplastic elastomers. In addition to the product portfolio of well-known plastic manufacturers, ALBIS offers the plastic processing industry a diverse product range of high performance plastics, compound solutions and masterbatches. In 2018, the ALBIS Group, which has more than 1400 employees, achieved sales of 1.1 billion EUR. With 26 locations worldwide, the Hamburg based company is strongly represented in Europe with a growing presence in North Africa, the Asia Pacific and the Americas. At five German locations as well as in Knutsford (UK), Duncan, South Carolina (USA) and Changshu (China), ALBIS produces compounds and masterbatches, in part specializing in high-quality recycled compounds and green materials. All sites are certified according to the IATF 16949 or ISO 9001 Standard. In 2018, ALBIS was certified according to European Corporate Social Responsibility standards by rating specialist EcoVadis.

For more information visit http://www.albis.com and http://www.albisamericas.com.