Pittsburgh, October 8, 2018 — Covestro, a global provider of high-tech materials, received a 2018 3M Supplier of the Year Award. Only 16 of 3M’s more than 100,000 suppliers earned this recognition, and Covestro was the only polymer company to make the cut.
Covestro and 3M have a relationship that has spanned decades. Covestro’s raw materials for coatings and adhesives can be found in a wide range of 3M’s polyurethane coating and adhesive applications, while the company’s polycarbonates are utilized in a variety of 3M traffic safety products.
Suppliers singled out by 3M were recognized for embracing compliance, ethics, safety, sustainability and world-class operations, as well as a focus on customers, growth and innovation. According to Bruce Benda, head of Healthcare Commercial Operations – Polycarbonates Americas, Covestro LLC, Covestro was commended for its efforts to ensure the reliable supply of raw materials despite very challenging conditions, including a tight market and Hurricane Harvey, which affected Covestro’s Baytown and Channelview, Texas operations. In presenting the award to Covestro, 3M also recognized the importance of local key account managers Lanette Brennan (Polycarbonates business unit) and James Kim (Coatings, Adhesives and Specialties business unit).
“3M is considered one of the most-innovative and recognizable companies in the world, and we’re privileged to be able to continue to grow our business and collaborative relationship with them,” said Benda. “So many people across the global Covestro organization should be thanked for what they do every day to support 3M. We proudly share this recognition with them,” he continued.
About Covestro LLC:
Covestro LLC is one of the leading producers of high-performance polymers in North America and is part of the global Covestro business, which is among the world’s largest polymer companies with 2017 sales of EUR 14.1 billion. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, construction, wood processing and furniture, electrical and electronics and healthcare industries. Other sectors include sports and leisure, cosmetics and the chemical industry itself. Covestro has 30 production sites worldwide and employed approximately 16,200 people at the end of 2017.
Find more information at www.covestro.us.
Alice Sox, Phone: +1 412 413 5430
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This news release may contain forward-looking statements based on current assumptions and forecasts made by Covestro AG. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Covestro’s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
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