ALBIS PLASTIC receives sustainability standard certification

Press Release   •   Oct 10, 2018 13:00 CEST

ALBIS PLASTIC in line with sustainability standards. © ALBIS PLASTIC GmbH.

Hamburg, 10/10/2018. ALBIS PLASTIC GmbH, one of the leading global companies for the distribution and compounding of technical thermoplastics and thermoplastic elastomers, has been certified in line with current Europe-wide Corporate Social Responsibility (CSR) standards.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.

"It is important to our customers, especially those operating in the automotive, electrical and electronic sectors, that they can work with business partners that operate sustainably, in order to be able to comply with statutory and self-imposed requirements and objectives," says Philip O. Krahn, CEO of ALBIS PLASTIC. "Furthermore, as an internationally active company, we are aware of our responsibility. Sustainability is an integral part of our growth strategy and an important factor in the success of the company. We are delighted to receive this certification from EcoVadis and see it as an important sign that we are on the right track."

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

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 2017, the ALBIS Group, which has more than 1300 employees, achieved sales of 1.017 million euros. With 23 subsidiaries 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.

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