INDUSTRY NEWS: Kansai Plascon Reaches Level 3 B-BBEE Status
We, Kansai Plascon, have achieved one of our best B-BBEE ratings to date and are recognised as a Value Adding Supplier. Our B-BBEE procurement recognition level has increased from 110% to 137.5%, which is higher than that of a non-value adding level 1 status supplier. So, when tendering for projects, our combined B-BBEE status and Value Adding Supplier position effectively make Kansai Plascon the preferred procurement choice.
Our B-BBEE status now stands at level 3, as of September 2014, having increased from level 4 in 2013. With a score of 80.27 points, this rating cements our position as the coatings industry market leader.
There’s great news for our customers too. Companies that purchase from Plascon will improve their own procurement scores thereby improving their B-BBEE ratings. By partnering with us, customers benefit through improved B-BBEE procurement scores.
In contrast, if a customer purchases products from a non-value adding level 5 supplier and not Plascon, then their procurement recognition will amount to a far lesser 80% only. All this renders Kansai Plascon the obvious choice.
Kansai Plascon has 125-year long history of leading quality assurance, superb formulation and trusted performance – and now, we have also secured our position as the market leader in benefitting our customers.