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Business secretary Vince Cable has announced research projects exploring the use of light in innovative manufacturing processes and technologies will receive £3.6 million funding.
NorthEdge Capital, the private equity firm focused on investing in businesses in the north of England, has invested £25.5m in Fine Industries, a Teesside-based manufacturer of fine chemicals.
A £15 million, nine-line fully automated paint filling investment will shortly be installed at AkzoNobel’s £100 million, 100,000 sq metre site at Ashington.
A spinout from Isis Innovation, the technology transfer company of the University of Oxford, will commercialise new routes to high value chemicals using patented enzyme technology.
AkzoNobel has again topped the Dow Jones Sustainability Indices by heading the newly named Materials industry group category.
A “Dewatering Pack” launched by Capture Green is claimed to be more efficient at cleaning up surface water oil spills than conventional vacuum truck methods.
Chemicals manufacturer AkzoNobel is working in association with the government-funded Ashington Learning Partnership on a summer school programme to help develop students’ maths and English skills.
For the second year running paint manufacturer AkzoNobel has hosted Insight Week, to give young people hands on work experience in the chemicals industry. This year 12 students from Windsor Girls school joined the company for a week.
The Chemistry Innovation Strategy has been launched to drive innovation in the chemical and chemistry using industries, targeting growth in the UK economy.
At a recent event, a fellow delegate told me that funding applications for new innovations were not worth the time. I was disappointed to hear this, and wanted to encourage others not to dismiss applications.