At the Global Chemical Leasing Award 2024 ceremony organized by UNIDO, two Serbian companies – Ravago and FKL – were honored for their outstanding contribution to sustainable chemical management.

Gold Award – Ravago, Serbia
Ravago, a provider of raw materials and additives across multiple industries, received the gold award in the Case study category. With over a decade of experience in Chemical Leasing, they offer sustainable, measurable improvements in human health and environmental safety, while supporting economic growth across sectors such as pharma, construction, water treatment, and nutrition.

Bronze Award – FKL, Serbia
FKL, a rolling bearing manufacturer from Temerin, was awarded bronze in the Case Studies category. As one of the pioneers of Chemical Leasing in Serbia (since 2018), their renewed contract runs through 2028. With consistent improvements and measurable results, FKL is now internationally recognized as a high-quality manufacturer.

The Global Chemical Leasing Award promotes innovative, performance-based business models that reduce chemical consumption, protect the environment, and foster safer workplaces. Serbia’s presence on this global platform highlights its capacity to lead in green chemical innovation.
Chemical Leasing is a performance-based business model for sustainable chemicals management. Chemical Leasing aims at a more efficient use of chemicals in the production process by redefining the business relationship between the chemical user and the supplier.
The conventional business model assumes that the more you sell, the more you earn. However, in Chemical Leasing the supplier does not sell quantities. The supplier sells the performance, the function of the chemical. This is the service rendered by the chemical or the purpose for which the chemical is applied.
Learn more about the award and winners: Visit the official page