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EcoSynthetix and Waterloo Institute for Nanotechnology Partner to Investigate New Applications for Bio-based Materials
BURLINGTON, ON, March 13, 2013 /CNW/ - EcoSynthetix Inc. (TSX: ECO) and the Waterloo Instit...
About this update from Ecosynthetix Inc.
[{"type":"text","content":"\n\n\n\n\n\nBURLINGTON, ON, March 13, 2013 /CNW/ - EcoSynthetix Inc. (TSX: ECO) and\n the Waterloo Institute for Nanotechnology at the University of Waterloo\n have joined forces through an industrial partnership to collaborate on\n new applications for EcoSynthetix' EcoSphere® technology. The five-year agreement will be jointly funded through an\n EcoSynthetix and NSERC (National Sciences and Engineering Research\n Council) Collaborative Research and Development Grant. The project\n matches the scientific expertise from the University of Waterloo in\n macromolecular science with the sustainability benefits of EcoSphere® bio-based nanoparticles which are based on green chemistry. The goal of\n the project is to broaden the scientific knowledge base of the\n EcoSphere® technology to support its introduction into new application areas.\n\n\n\"As a global centre of excellence for nanotechnology research, this\n project represents a great opportunity for our institute, faculty and\n students at the University, to collaborate with a local innovator to\n further our understanding of the technology and its potential\n applications,\" said Dr. Arthur J. Carty, Executive Director of the\n Waterloo Institute for Nanotechnology (\"WIN\") and an independent\n director of the board of EcoSynthetix. \"Nanotechnology is a\n leading-edge, enabling technology that holds the promise of a lasting\n economic benefit for jobs and investment in the materials, energy and\n healthcare sectors. EcoSynthetix's innovative nanotechnology has the\n potential to impact a wide-array of markets that would benefit from a\n sustainable alternative to petroleum-based products.\"\n\n\n\"This ECO-WIN collaboration involves four professors and eight graduate\n students at the Waterloo Institute for Nanotechnology and is a great\n example of how industry and universities can work together to advance\n an exciting new area of science to benefit the community,\" said Dr.\n Steven Bloembergen, Executive Vice President, Technology of\n EcoSynthetix. \"Our EcoSphere® technology is already commercial and providing sustainable benefits in\n three separate markets today. Our team's primary focus at this stage is\n near-term product development and product enhancements of\n carbohydrate-based biopolymers. By working with the Institute of\n Nanotechnology t...