PRN: Teijin Wins Top ICIS Innovation Award for 2011
Teijin Wins Top ICIS Innovation Award for 2011
LONDON, October 17, 2011 /PRNewswire/ --
ICIS, a leading global provider of news and information for the chemical and energy sectors, today announces the winners in the ICIS Innovation Awards 2011.
The panel of five leading industry experts (see below) awarded Teijin of Japan the prize for best overall innovation for its development of mass-production technologies for carbon fibre reinforced plastics (see below for further details).
The winners of the category awards are:
Best product innovation
Best Innovation by an SME
LanzaTech (New Zealand)
Best Business Innovation
Bio Amber (US)
Innovation with Best Environmental Benefit
Best Innovation for Sustainability
No winner was awarded this year
NOTE: In the Sustainability category, the judges agreed after consideration that none of the limited number of entries met the high standards of innovation being looked for across all three criteria of economic, social and environmental benefits.
Awards highlight growing moveÂ toÂ bio-based technologies
John Baker, global editor at ICIS, who manages the ICIS Innovation Awards, commented that: "The Awards continue to highlight the best the chemical industry has to offer in the way of innovation and providing solutions to society's needs
"This year, there was a significant emphasis on bio-based technologies, designed to replace oil and gas feedstocks in the chemical industry or reduce carbon emissions.
"Indeed, most entries focused around helping the environment and maintaining the sustainability of the industry, while at the same time helping customers and driving bottom line growth for companies."
ICIS congratulates all the winners and indeed all those companies that reached the short-list. The Awards will be presented at a lunch in London on 2 December.
The judges this year were:
Best Innovation by an SME - LanzaTech
Sean Simpson and Jennifer Holmgren
Best Business Innovation - BioAmber
Innovation in biosuccinic acid. US renewable chemistry start up BioAmber has been first-to-market with bio-based succinic acid, creating a portfolio of renewable chemicals and polymers from the biomaterial including 1,4-butanediol and modified PBS. Open innovation has allowed BioAmber to utilize deep, existing industry know-how and global infrastructure, while reducing capital expenditure and accelerating development. It has licensed E. coli technology from the US Department of Energy, and is building on this with yeast technology from US-based company Cargill. BioAmber combines this advantage with a unique downstream purification technology developed with US non-profit research company MATRIC, and catalyst technology from US based DuPont that converts succinic acid to 1,4-butanediol and tetrahydrofuran.
The winning companies can be contacted as follows:
ICIS is the world's largest petrochemical market information provider, and has fast-growing energy and fertilizer divisions.
The business is a division of Reed Business Information Limited, part of Reed Elsevier
About Dow Corning
Dow Corning provides performance-enhancing solutions to serve the diverse needs of more than 25,000 customers worldwide. A global leader in silicones, silicon-based technology and innovation, Dow Corning offers more than 7,000 products and services via the company's Dow Corning and XIAMETER brands.
Dow Corning is a joint venture equally owned by The Dow Chemical Company and Corning, Incorporated. More than half of Dow Corning's annual sales are outside the US.
About U.S. Chemicals LLC
U.S. Chemicals, LLC, is a 50-year-old worldwide specialty chemical distributor serving the textiles, paint, flame retardants, plastic, cosmetic, personal care, food and pharmaceutical industries. A woman-owned business based in Darien, Connecticut, US, U.S. Chemicals actively supports environmentally responsible manufacturers and distributors of chemical products and services.
CRA (http://www.crai.com) is a global consulting firm specializing in management, litigation, financial, and regulatory consulting. Since 1965, clients have engaged CRA for its unique combination of functional expertise and industry knowledge, and for its objective solutions to complex problems. Headquartered in Boston, CRA has offices throughout North America, Europe, the Middle East, and Asia.Â CRA's Chemicals Practice applies keen insight and rich experience across the industry, from upstream petrochemicals and polymers to downstream specialty chemicals and materials. We specialise in strategy, technology management, M&A, performance improvement and organisation restructuring.
Royal DSM N.V. is a global science-based company active in health, nutrition and materials. By connecting its unique competences in Life Sciences and Materials Sciences, DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, pharmaceuticals, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM's 22,000 employees deliver annual net sales of about €9 billion. The company is listed on NYSE Euronext. More information can be found at: http://www.dsm.com
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