3M Forms Renewable Energy Division; Names New Executives
February 4, 2009
3M has announced the formation of its new Renewable Energy Division. This organization will enable 3M to maximize the company’s technologies, products and responsiveness to the fast-changing renewable energy industry.
ST. PAUL, MN - 3M has announced the formation of its new Renewable Energy Division. This organization will enable 3M to maximize the company’s technologies, products and responsiveness to the fast-changing renewable energy industry. The products within the new division will include products currently sold to the industry, new-to-the-world products invented for the renewable energy market and products adapted from existing technologies. The division falls within 3M’s Industrial and Transportation Business and will focus on energy generation and energy management.
In conjunction with the formation of the new division, 3M appointed Michael Roman as Vice President and General Manager, 3M Renewable Energy Division, to lead the new business. Roman currently is the Vice President, Business Development, Optical Systems Division, Asia.
Within the new division, two business units have been established to serve this industry: Energy Generation led by Business Director Tracy Anderson, and Energy Management led by Business Director Ranjit Thakur.
For Energy Generation, 3M will bring to bear solar energy, wind energy, geothermal and biofuel product solutions such as films, tapes, coatings, encapsulants, sealants and adhesives that help reduce the cost of renewable energy. These solutions provide functionality for light management, environmental durability, thermal management and productivity improvement. The business will draw on 3M’s technology base composed of 40-plus core technologies.
In Energy Management, 3M received the very first window film patent in 1966 and continues to be a world leader in window film technology over four decades later. Today, 3M’s window film portfolio has grown to include solar management, safety and security and decorative technology platforms that are sold in the automotive, commercial building and residential market segments throughout the world.