Given the complexities associated with creating new products and processes, chemical companies must carefully select partners with the knowledge and resources to enable safe, economical, and timely entrance into the marketplace.
How does a company move from concept into the realm of actual commercialization? If large enough, the following steps could be completed internally, but often a company may lack the experience, expertise and facilities required to successfully create and/or scale-up a technology.
The first step is validation of the concept, which requires demonstrating the technology that is key to the value creating idea, either process or product.
That chemical technology is then scaled-up, moving from the bench level, to the laboratory level, to the pilot level, and ultimately the commercial scale. Each stage of development is planned so the most critical technology unknowns and risks are resolved at the appropriate scale, to obtain process design information.
The process design information is then compiled into a design document that is referred to as a licensing package. The licensing package is a detailed report that includes:
- Process Description
- Process Flow Sheets
- Detailed Material & Energy Balance
- Equipment List, including functional design details
- Control Strategy
- Environmental Health & Safety
The licensing package is a complete process description that can then be handed off to an engineering, procurement and construction (EPC) company to build the plant.
MATRIC is uniquely qualified to serve customers that seek such skill sets, because of the varied experience and knowledge of its staff and the world-class test facilities available at its headquarters in South Charleston, W.Va. The depth of MATRIC’s expertise in chemical product research, product development, process improvement, process safety, engineering and manufacturing is not unique in and of each element, but rather because all these disciplines are concentrated in one organization. This sets MATRIC apart. A company might have to interact with five or more service providers to obtain a similar level of expertise. Applying this broad perspective enables MATRIC to move products from concept to commercialization at a speed which creates a competitive advantage for our customers.
— For more information, contact firstname.lastname@example.org