IHS Chemical Week


Chemical Industry Weekly Innovation News Round-up, July 27

10:34 AM MDT | July 27, 2011 | By ALEX SCOTT

One story dominates the world's chemical innovation news this week; the European Union’s (EU) unveiling of its FP7, (€7 billion ($10 billion) innovation program. The European Union’s FP7 R&D program is designed to promote sustainability and economic growth in the region through 2020. It is the biggest innovation program in the world and from 2007 through 2013 is expected to inject about €53 billion into various projects. Key projects include nanomaterials activities. FP7 is set to play a key role in technology development particularly for small companies which have been promised a minimum of €1 billion from the fund.
Another interesting development this week is an exclusive CW interview with DSM in which the company says that styrene should be phased out to make way for greener technologies. DSM's commentary follows concerns among some regulatory bodies that styrene is a potential carcinogen.

Meanwhile, the surge towards novel lithium battery technology continues. This week it's Rhodia that has disclosed it is evaluating lithium salt for batteries.

Solvay, meanwhile is investing in printed electronics tech firm Plextronics.

Beyond CW....

Norway's research news magazine Gemini takes a close look at synthetic biology. It has arrived, they say.


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