Evonik enters into research partnership with Institute of Chemical Technology, Mumbai for Research & Development

Bengaluru, February 06, 2016 : Evonik Industries and the Institute of Chemical Technology, Mumbai 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:

• Provision of scholarship funds for master’s degree and PhD students.

• Collaboration in research and development projects in the field of chemical science.

• Financial support for internships for master, bachelor and PhD students.

• Sponsor lectures and/or presentations by representatives of Evonik at ICT and vice versa.

Dr. Georg Oenbrink, Head of Innovation Networks and Communications at Evonik’s Corporate Innovation commented that “Evonik Industries is proud to bring in the Institute of Chemical

Technology in Mumbai as a partner to our network of scientific partners. The partnership program with ICT gives us an excellent link into India´s leading research institution”.

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 mentioned that 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.

Received topics have been discussed and work for PhD and master students will be kicked-off in Q1/Q2 2016, respectively. Lectures by Evonik colleagues at ICT will start by Feb 2016.

Corporate Comm India(CCI Newswire)