ICIS launches expanded Innovation Awards for 2009

20 April 2009 07:00  [Source: ICIS news]

LONDON (ICIS news)--ICIS begins its search on Monday for the best in chemical industry innovation, with the launch of the ICIS Innovation Awards 2009.

Now in their sixth year, the awards are designed to recognise outstanding examples of technological or business innovation in the chemical industry.

Dow Corning returns as lead sponsor this year. And, for the first time, the Best Product Innovation category will be sponsored by Boston, US-based consultancy CRA International.

“Innovation is now recognised as a key driver of growth and profitability in the chemical sector, by companies, governments and academia alike,” said ICIS global editor John Baker.

“But today, innovation plays a wider role in the industry. Companies are looking to innovate business practices as well as products and processes, and are turning to innovative approaches in their search for sustainability and corporate social responsibility (CSR).”

To recognise these trends, the ICIS Innovation Awards offers four categories to enter:

Best Product Innovation – sponsored by CRA International
Best Innovation by a small- or medium-sized enterprise (SME)
Best Business Innovation
Best Innovation in Corporate Social Responsibility (CSR).

For the first time this year, ICIS will be announcing an overall winner, selected from the four category winners. This award will be presented by Dow Corning, as lead sponsor of the ICIS Innovation Awards.

Previous big-name winners of the awards include BASF, Air Products, Asahi Kasei Chemical, DSM, ExxonMobil Chemical and Dow Chemical. Many smaller companies have also been honoured through the awards.

Commenting on the awards, Stephanie Burns, president, chairman and CEO of Dow Corning, said: “Successful innovation takes courage. It requires a clear vision and a strategy. But more importantly it takes commitment and tenacity.

“In partnership with ICIS we’re pleased to celebrate the success stories of companies who have made innovation an integral element of their business.

“Along the way they have taken risks, have encountered many challenges and probably experienced some setbacks. But their determination to continue has remained steadfast. And it’s that commitment we should all celebrate.”

Neil Checker, vice president at CRAI, added: “In these difficult times for the chemical industry, we believe continued investment in technology and innovation is even more critical to the long-term success of chemical companies.

“Societal, market and industry trends in end-use sectors from transportation through to packaging, as well as environmental compliance and energy efficiency improvements, will require new processes and products.

“The chemical industry will need to play a critical role in developing innovative solutions to meet these challenges and opportunities.”

The awards are open to any chemical company or collaborative effort between companies and academia, regardless of where in the world they are based. The deadline for entries is 6 July 2009.

For more details, go to www.icis.com/awards

By: John Baker
+44 20 8652 3214

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