According to 3M, only 16 of its more than 100,000 suppliers earned this recognition, and Covestro was the only polymer company to make the cut.
3M says it and Covestro 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, the Minnesota company says. According to Bruce Benda, Covestro’s head of healthcare commercial operations, polycarbonates Americas, his company 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 and James Kim.