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BP Invests $100 Million in Research Center for Advanced Materials

8:00 AM MDT | August 17, 2012 | —Natasha Alperowicz

BP says it will establish a $100-million international research center, which will be named the BP International Centre for Advanced Materials (BP-ICAM), in the U.K. The center will lead the company’s research aimed at advancing the fundamental understanding and use of materials across a variety of energy and industrial applications, BP says. Dudley: Emphasizes advanced materials, coatings. The center will carry out research in seven primary areas of direct interest to industry: structural materials, smart coatings, functional materials, catalysis...

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