German specialty chemicals company Evonik has entered into an collaboration with the Mumbai-based Institute of Chemical Technology (ICT), formerly known as UDCT and one of the premier institutes involved in chemical research & technology, for research & development (R&D) projects.
Two sides have sealed a strategic partnership agreement for the purpose of exploring research topics together, closely in selected fields in the future.
Evonik and ICT research partnership agreement includes collaboration in R&D projects in the field of chemical science; provision of scholarship funds for master’s degree and PhD students; financial support for internships for master, bachelor and PhD students; and sponsor lectures by representatives of Evonik at ICT and vice versa.
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The expansion of innovation activities in economically attractive regions supports Evonik’s growth strategy. The goal is to strengthen local customer competitiveness with technological services as well as research and application techniques that fit local needs.
Dr Stephan Pilz, vice president, regional development India, Evonik, commented, “Signing of this partnership will further strengthen ICT’s international collaboration whereas for Evonik, it will be the first of such collaboration with an Indian university. This day will be a memorable day for Evonik and ICT, with a first successful step together towards the future for creating new values globally.”
Established as the University Department of Chemical Technology (UDCT), ICT is known for its broad spectrum research activities in chemical engineering /technology ranging from paints and coatings to pharma and textiles. It is among the top 10 in the world and the number one in India in chemical engineering as per a survey by Professor J Somerfield, Georgia Technology, USA, and also by AICTE and FICCI.