Research Frontiers For The Chemical Industry Innovation Frontiers In Industrial Chemistry

Download or read book Research Frontiers for the Chemical Industry: Report on the Second Annual CHF-SCI Innovation Day Warren G. Schlinger Symposium written by Cyrus Mody and published by Chemical Heritage Foundation. This book was released on 2008-09 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Squeezed on all sides -- including from raw material costs (which are at unprecedented highs), narrowing access to feedstocks, and growing competition in commodity markets -- chemical firms must create new high-value materials and services to survive and profit. This report summarizes the second annual CHF-SCI Innovation Day and suggests solutions for current challenges based on this forum in which scientists and technology managers gather to explore frontier areas for the chemical industry. The industry¿s future, the authors argue, lies in a strategic ¿wager¿ on disruptive technologies, balanced by incremental steps to develop new feedstocks and manufacturing processes that yield novel materials with less environmental impact.