Evonik named to institute for advanced composites manufacturing innovation
Public-private group focused on cutting-edge research, better manufacturing.
Evonik Corporation, Parsippany, USA, was recently named by U.S. President Barack Obama as a key partner of the Advanced Composites Manufacturing Innovation Institute (IACMI), a $250 million public-private partnership of academia, federal and state government, and companies seeking to advance the commercialization of novel material sciences and composites solutions to the automotive, wind energy and compressed natural gas tank industries.
Led by the University of Tennessee at Knoxville, the IACMI reflects a $70 million commitment from the U.S. Department of Energy and $189 million from IACMI’s partners. IACMI is the fifth named institute of President Obama’s National Network for Manufacturing Innovation.