The ALTANA Innovation Award
Future growth can only be achieved by innovation.
Therefore, ALTANA honors the best innovation in the company with the anual ALTANA Innovation Award.
- Each year one innovation will be selected and honored.
- Only suggestions which can already document significant sales will be considered.
- The innovation can be related to a new product, process, application or service.
- Does the innovation offer value to any coustomer?
Originality and Creativity
- How does the innovation set itself apart from the state-of-the-art?
- Can the innovation be patented and has this been done already?
- How creative was the approach i.e. extension of existing know-how or radically new idea?
- Was the innovation process within time and budget?
- Were multidisciplinary teams involved?
- Was more than one division involved?
Economical benefit for ALTANA
- Product: Current sales, market potential, expected market share in 5 years, EBITDA
- Process: Annual savings, initial investment
- What is the impact of the innovation with respect to consumption of raw materials, energy, recycling, side products, environmental risks?