Peugeot Citroen awards Tata Steel Core Supplier status

Tata Steel has been bestowed with ‘Core Supplier’ status by French auto manufacturers PSA Peugeot Citroen. This enables them to join a group of other choice companies where supplies of materials to the auto major are concerned.

TATA Sons Master LogoThe announcement was made at a special function held last week, at Tata Steel Ijmuiden plant in the Netherlands. Tata Steel came up as a winner and was selected for this prestigious award due to its excellent product line, global presence and ability to accomplish the best of the best where industrial performance is concerned.

PSA Peugeot Citroen is on its way to becoming a world player. The company is concentrating on exports with as much as 50 percent of their sales by 2015 to be outside of Europe. PSA Peugeot Citroen has been closely associated with Tata Steel in Europe for over 30 years and it is this alliance that has ensured that both companies benefit each other. Procurement of lightweight steel from Tata Steel is what has contributed to PSA Citroen car range in lightweight materials which goes a long way in reducing its carbon footprint. The company benefits from the commitment of Tata Steel in supplying them with highest quality of material while employees of the companies share a special relationship with each other.

Jaap Piso, director of sales and marketing, sector automotive, for Tata Steel in Europe, said: “This award is the culmination of more than 30 years of close collaboration and partnership with PSA Peugeot Citroën. We are delighted to have been honoured with Core Supplier status in recognition of this mutually beneficial relationship and we look forward to it continuing to benefit both companies for many years to come.

“The ambition of our customer to grow its business globally exactly aligns with our own aims for growth. As Mr Formery has acknowledged, we are already contributing to PSA’s success in France and Spain and are studying our support in the fast developing markets of Russia, Brazil and China. And we are playing our part in improving the environmental credentials of PSA’s car range with steels for light weighting that contribute to reduced CO2 emissions.

“As we move forward, PSA Peugeot Citroën has the full commitment of all Tata Steel employees to continue to meet the high standards expected of companies with Core Supplier status. We feel privileged to be in this select category of suppliers and are excited by the prospect of partnering with our customer as they continue to extend their global reach.”