Rohm and Haas Co. is allocating $150 million - roughly half of its nearly $300 million 2007 R&D budget - for sustainability efforts, including new product development, energy efficiency and process improvements.
Many of the new products are intended to help transform traditional industrial applications to more sustainable, water-based acrylic technology, including industrial paints and coatings, road/highway marking paints and home building insulation.
“Rohm and Haas is dedicated to bringing greener, safer materials to the mainstream market,” said Gary Calabrese, chief technology officer. “The company was founded on the principle of continual innovation, and we expect that demand for environmentally advanced materials will continue to grow. The fact that we are devoting half of our R&D budget to environmentally advanced projects is a strong demonstration of our commitment.”
For more information, visitwww.rohmhaas.com.
Rohm and Haas Allocates $150 Million for Sustainability Efforts - Posted 5/30/07
May 30, 2007