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Top CPI Award Presented at Technical Conference in Dallas
DALLAS (September 24, 2014) - The
Center for the Polyurethanes Industry (CPI)
of the American Chemistry Council (ACC) today announced that Dow Chemical Company and Preferred Sands' innovation, TERAFORCE™ Technology, won the
2014 Polyurethane Innovation Award
The winner, which was selected from among three finalists, was announced during the Closing Session of the
2014 Polyurethanes Technical Conference
"The polyurethanes industry is built on more than 80 years of innovation," said Lee Salamone, senior director of CPI. "Dow and Preferred Sands' important contribution, which we honored today, continues this tradition and sets the bar high for next year's innovation award nominees. I'm proud to say that we received a record number of submissions for the Innovation Award this year, and I know we will continue to see the technical excellence exhibited by all of our finalists."
The winning polyurethane chemistry, TERAFORCE™ Technology, is a collaborative innovation between
Dow Chemical Company
that expands the frontiers of polyurethane applications by improving oil productivity and the sustainability profile of the hydraulic fracturing process.
"What an honor it is for Dow and our partner, Preferred Sands, to be recognized this way-especially considering the record number of entries CPI received this year," said Chris Chrisafides, commercial director for Dow Polyurethanes in North America. "I want to congratulate the other finalists from BASF and Novomer, as well all the companies that submitted their projects. It's a privilege to represent the polyurethane industry with this award, and one example of how we can bring polyurethane chemistry into new spaces that create value for our society. That's how we all win."
TERAFORCE™ Technology is an important element of the U.S. energy boom and manufacturing renaissance and can play an integral role in job creation. Preferred RCS™ Resin Coated Sand with Dow TERAFORCE™ Technology (the enabling polyurethane) saves energy during production of the resin-coated proppant through shorter production cycles and low temperature, and reduces hazardous risks associated with proppant flowback. The technology also eliminates the need for an external activator, or additional chemicals, that competing technologies require to be injected into oil wells. The two companies continue to develop technologies for broader applications across energy markets, and ever-more efficient and sustainable oil and gas recovery.
Other finalists for the Innovation Award were BASF's Infinergy™ particle foam for use in athletic footwear and Novomer Inc.'s environmentally conscious feedstock formulation, Converge.
"BASF and Novomer presented incredible new uses of polyurethanes," Salamone said. "It was a very close race, and all finalists did an outstanding job."
More than 900 people attended the 2014 Polyurethanes Technical Conference, which featured 59 technical presentations, 57 Table Top exhibits, 33 poster presentations and eight Professional Development Program courses.
A panel of judges, comprised of experts representing technical disciplines and the polyurethane supply chain, evaluated all eligible submissions. Judges evaluated and scored all entries based on impact on the polyurethanes industry, uniqueness of the innovation, quality of the science and societal impact. The three submissions with the highest scores were selected as finalists for the 2014 Polyurethane Innovation Award.
Each individual conference registrant attending the Opening Session was eligible to cast one vote for one finalist. The finalist with the most votes from the audience received an additional 20 points, which were added to the score from the judges. The innovation with the highest total score was deemed the winner.
All entries for the 2014 award were required to represent new innovations that had not been previously submitted for the Innovation Award and had not been available for commercial sales longer than 15 months prior to June 18, 2014.
Entries pertaining to a polyurethane product or polyurethane manufacture were required to relate to polyurethane chemistry, which is expressly defined as the reaction of an isocyanate with a polyol. Innovations in polyurethane chemistry could include finished products, initiatives, training or education programs, or processes or processing equipment.