Funding helps with plastics research
A
Faraday Plastics product story
Edited by the Engineeringtalk editorial team
Jan 28, 2005
Over the past 12 months the Faraday Plastics and Polymers Partnership has helped to raise a total of some GBP 22 million in research funding for the plastics sector in the UK and Europe.
In the past 12 months the Faraday Plastics and Polymers Partnership, the UK's plastics research and development facilitator, has succeeded in helping to raise a total of some GBP 22 million in research funding for the plastics sector in the UK and Europe.
The figures have emerged as part of the Faraday Plastics end of year review.
Faraday Plastics Director, Richard Simpson, says: "The total size of this funding reflects an underlying dynamism in the research part of the sector and an underlying willingness for governments, companies and institutions to commit funds to plastics".
"The success here also presents a convincing argument for more to be done".
"Many areas of plastics-based research are simply waiting to happen - needing only for a kick-start in finance and a collaborative effort between partners to bring them into the production arena".
"I am pleased, but not surprised, that the total figure is at this value".
"We look forward at Faraday Plastics to continuing our efforts in assisting to leverage funding of this kind for the benefit of the UK plastics industry".
The range of more than 20 projects facilitated by Faraday Plastics includes: conductive polymers; biocompostable materials, gas and liquid processing, energy saving polymer processing; polymer aggregates in building materials; supercritical fluid technology, process intensification techniques; marine polymer applications and others.
Faraday Plastics Chairwoman Rowena Sellens, Global Research Director at Lucite International, says: "I would strongly urge other companies across the plastics industry to engage with Faraday Plastics both to help define future technology needs and find ways to deliver those".
"Only by working together across the industry and technology base will we achieve innovation success that truly sustains our industry's competitiveness".
Faraday Plastics enters the final year of its current three year period of DTI funding from April 2005.
UK companies and academia are free to become affiliates and members and next year is likely to see an increased drive in that area.
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