NatureWorks Wins Two 3M Supplier of the Year Awards
Award recognizes suppliers who improve 3M's competitiveness or drive sustainability
MINNETONKA, Minn., and ST. PAUL, Minn., October 20, 2016 — NatureWorks was honored with two 2016 3M Supplier of the Year Awards in recognition of the company's contribution to improving 3M's competitiveness and helping to drive sustainability.
This year, 3M recognized 11 suppliers among thousands in its global supply base for world class performance in providing products and/or services. These suppliers were identified and rated based on strategic spend, contract compliance, actions taken to improve 3M's relevance and overall supplier performance (quality, delivery, responsiveness, cost, technology roadmaps). An awards ceremony and dinner were held on September 11th and 12th at 3M's St. Paul campus.
"Our suppliers are critical to our ability to execute our business strategies, benefit our customers and reach our 2025 Sustainability Goals," said Jose Varela, 3M's vice president of Sourcing Operations. "We are fortunate to work with great suppliers who are committed to maintaining a partnership with 3M and helping us service our global customers with the innovative and valuable solutions they expect. It's important that we recognize our most outstanding suppliers, and that's what this award is all about."
NatureWorks is a world leading biopolymers supplier to the plastics, fibers, and nonwovens markets with its Ingeo portfolio of naturally advanced materials made from annually renewable, abundant resources. The company received awards in both polymers and sustainability categories for its work in supporting one of 3M's latest customer solutions.
NatureWorks LLC is a company dedicated to meeting the world's needs today without compromising the earth's ability to meet the needs of tomorrow. Today, NatureWorks is a world leading biopolymers supplier and innovator with its Ingeo portfolio of naturally advanced materials made from renewable, abundant feedstocks with performance and economics that compete with oil-based intermediates, plastics, and fibers, and provide brand owners new cradle-to-cradle options after the use of their products. NatureWorks is jointly owned by Thailand's largest chemical producer, PTT Global Chemical, and Cargill, which provides food, agriculture, financial and industrial products and services to the world. For general information on NatureWorks and Ingeo, visit www.natureworksllc.com.
At 3M, we apply science in collaborative ways to improve lives daily. With $30 billion in sales, our 90,000 employees connect with customers all around the world. Learn more about 3M's creative solutions to the world's problems at www.3M.com or on Twitter @3M or @3MNewsroom.