(274d) Successful Process Technology Development Strategies for Commercial Success
AIChE Annual Meeting
2022
2022 Annual Meeting
Process Development Division
Challenges and Best Practices in Technology Commercialization
Tuesday, November 15, 2022 - 9:15am to 9:40am
The long-term success of specialty chemical companies requires continuous new product innovation along with accelerated time to market. Ensuring your business can meet market and customer scale-up timelines while also ensuring safe delivery, profit margin expectations, and high quality, reliable materials can feel overwhelming. However, there are simple strategies and considerations that can be taken early in the commercialization plan to ensure you can deliver profitable growth on accelerated timelines. In this talk, I will discuss a few of the critical development strategies to consider early in a project that will improve probability of success at the scale-up phase. I will also discuss a couple of hypothetical examples highlighting these strategies in innovation projects.