Development in the Age of Tech Transfers and Outsourcing

In many chemical process companies today, a continuous innovation pipeline is critical to staying relevant, ensuring long term corporate viability, and maintaining profitable margins. Specialty chemical companies may spend anywhere from 2% up to 25% of sales on research and development. When these innovative chemicals, materials, and/or processes are commercialized; proper technology transfer from lab or development work to production scale is critical to ensure success and profitability. When the development teams are physically/geographically separated from the commercialization teams, effective technology transfer becomes extremely difficult. In this session we will discuss strategies and techniques to improve transfer and success of process technologies when working between remote physical locations.