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INEOS & EPFL Sign Agreement to Encourage Innovative Projects in Green Chemistry

Published on 2012-11-29. Author : SpecialChem

INEOS has signed a ten year agreement to facilitate innovation and entrepreneurial culture in Switzerland through its support for the EPFL Innogrant programme. Through the 'INEOS Innogrant', it will financially support high-potential projects involving EPFL research students and employees.

The EPFL Innogrant programme fits well with INEOS activities in Canton Vaud and the 'INEOS Innogrant' award will help encourage innovative projects in the field of green chemistry.

Since 2005, Innogrants contributed to the creation of more than 30 start-ups in all fields of technology. "INEOS and EPFL are very aware of the challenges faced by entrepreneurs. The creation of new companies is an important pillars of technology transfer and innovation. Over the past 20 years EPFL has generated over 200 spin-offs. Innogrants further enhances this work by providing encourages the entrepreneurial process from birth to their first ideas," said Adrienne Corboud Fumagalli, Vice President of EFPL.

INEOS is a chemical company with more than 15,000 employees and 50 manufacturing facilities around the world, with its headquarters based in Rolle, it is keen to work with local organizations such as the Ecole Polytechnique Fédérale de Lausanne.

"I am very pleased to be able to confirm that we have set up the 'INEOS Innogrant' and through this I hope we will support some fascinating projects at EPFL in the areas of cleantech over the next ten years," said Richard Longden, Communication Manager at INEOS. "EPFL has developed a simple mechanism to encourage innovation and entrepreneurship spirit through research in its laboratories. INEOS is a global chemical company manufacturing products that are the basis for most modern technology. We pride ourselves on being entrepreneurial and forward thinking, which fits well with the aims of the Innogrant programme."

Its products make a significant contribution to saving life, improving health and enhancing standards of living for people around the world. Its businesses produce the raw materials that are essential in the manufacture of a wide variety of goods: from paints to plastics, textiles to technology, medicines to mobile phones - chemicals manufactured by INEOS enhance almost every aspect of modern life.

About INEOS

INEOS is a global manufacturer of petrochemicals, speciality chemicals and oil products. It comprises 12 businesses each with a major chemical company heritage. Its production network spans 51 manufacturing facilities in 11 countries throughout the world.

About EPFL

EPFL is Europe's most cosmopolitan technical university. It receives students, professors and staff from over 120 nationalities. With both a Swiss and international calling, it is therefore guided by a constant wish to open up; its missions of teaching, research and partnership impact various circles: universities and engineering schools, developing and emerging countries, secondary schools and gymnasiums, industry and economy, political circles and the general public.

Source: INEOS


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