Volume 95 Issue 26 | pp. 21-23
Issue Date: June 26, 2017 | Web Date: June 20, 2017

A new formula for innovation

AkzoNobel’s Imagine Chemistry competition offers partnerships with start-ups to solve targeted chemistry challenges
Department: Business
Keywords: start-ups, AkzoNobel, competition, prize, Deventer

For years, AkzoNobel has been struggling to innovate in seven key areas: plastics recycling, wastewater-free chemical production, cellulose-based alternatives to synthetics, biobased surfactants, biobased sources of ethylene, and highly reactive chemistries. R&D managers at the Dutch company now think they may have hit upon an approach that is innovation gold.

While AkzoNobel’s chemists haven’t given up on homegrown solutions, they are changing their tack and emphasizing innovation from outside the company more. AkzoNobel already has . . .

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