Collaboration for Accelerated Innovation in the UK Chemical Industry

Croda International Plc, the name behind high performance ingredients and technologies that are relied on by industries and consumers everywhere, is today holding a technology exchange event with over 35 universities from across the UK at their global headquarters in Yorkshire.

Over 50 delegates with technology transfer roles from across Britain’s leading universities are attending this knowledge transfer day, the first of its kind for the UK chemical industry, to discuss future collaboration opportunities for the development and commercialisation of new technologies. The agenda is very timely, coming only days after the governments Science and Technology Committee issued a report stating that increased investment in Research and Development by business is crucial if university research is to be transformed into successful commercial products.

The leading association for public sector knowledge exchange and commercialisation, PraxisUnico, has jointly organised the event where Steve Foots, Croda’s Chief Executive and Chair of the Chemistry Growth Partnership, will talk about the importance of business and university partnerships in accelerating innovation across the chemical industry.

Steve Foots said: “Bringing new product innovation to life is embedded in everything we do at Croda. We recognise that innovation will underpin our future growth and it is also critical for the continuing development of the chemical industry. Seeking out and nurturing innovative technologies will help us to meet and exceed our customers’ needs.”

Maxine Ficarra, Executive Director, PraxisUnico said: “Collaboration like this is hugely important for the advancement and development of industries across the UK. Technology transfer days between businesses like Croda and universities will help to deliver the translation of research outcomes into social and economic impact.”

Damian Kelly, Head of Global Research and Development, Croda added: ‘‘We are delighted that so many representatives from the best universities in Britain have come today, which has allowed us to showcase how Croda can work with them in  different ways in order to support them with the development and commercialisation of their technologies.”

Croda runs this technology transfer day only a week after receiving the 2017 Corporate LiveWire Innovation & Excellence Award for Innovation in Chemical Manufacturing.
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About Croda
Established in 1925, Croda is the name behind high performance ingredients and technologies in some of the world’s biggest and most successful brands: creating, making and selling speciality chemicals that are relied on by industries and consumers everywhere. They have a network of over 4,200 passionate and committed employees, working together as one global team across manufacturing sites and offices in 36 countries. Croda is a FTSE100 company with a flexible structure that allows them to focus on developing and delivering innovative, sustainable ingredients that their customers can build on in: Personal Care, Health Care, Crop Care, Polymer Additives, Lubricants, Coatings & Polymers, Geo Tech, Home Care and Industrial Specialities.
http://www.croda.com/