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.

Key criteria

• 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.

Further Criteria

Innovative concept

• 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?

Innovation

• 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

Ecological Advantages

• What is the impact of the innovation with respect to consumption of raw materials, energy, recycling, side products, environmental risks?