3M has created a new renewable Energy division, which will include products currently sold to the industry, new 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 has appointed Michael Roman vice president and general manager to lead the new business. Roman currently is the vice president of business development for the company's 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.
3M says it plans to bring to bear sophisticated 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 will provide functionality for light management, environmental durability, thermal management and productivity improvement.