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DuPont Joins Israel's Office of the Chief Scientist Global Enterprise R&D Cooperation Framework

DuPont Joins Israel's Office of the Chief Scientist Global Enterprise R&D
Cooperation Framework

Research Collaboration Will Create New Opportunities in Solving Global
Challenges

TEL AVIV, Israel, March 15, 2013 (GLOBE NEWSWIRE) -- via PRWEB - DuPont has
joined the Office of the Chief Scientist (OCS) in the Ministry of Industry,
Trade and Labor Global Enterprise R&D Cooperation Framework. Under the
framework, the OCS provides a one-stop-shop to enable new opportunities for
collaboration between DuPont and Israeli start-up companies. The framework
also provides equal investment with DuPont in R&D projects in the areas of
food, energy and protection.

DuPont Senior Vice President and Chief Science & Technology Officer Douglas
Muzyka and DuPont Technology & Innovation Director EMEA Simone Arizzi signed
an industrial R&D cooperation agreement with the OCS to join the framework.
The framework members now total 24.

"DuPont has a rich tradition and reputation on innovation," said Chief
Scientist Avi Hasson. "We are very pleased to announce this cooperation
agreement with the OCS, demonstrating the high innovative profile and
potential to develop joint projects in the future."

"Scientific collaboration is more important than ever as we work to solve some
of the world's most pressing challenges," said Muzyka. "The OCS provides an
excellent framework to connect DuPont with new science companies in Israel.
Through DuPont global science and tapping into local talent, we believe we can
create new solutions for our customers worldwide."

"Israel offers tremendous opportunities for innovation in the areas of food,
energy and protection of people and the environment which are critical to
DuPont," said Arizzi, underscoring the market-driven innovation strategy of
DuPont. "Joining this framework will help us to identify collaboration
opportunities faster and to accelerate the pace of innovation in the markets
where we operate."

According to Hasson, the framework has become "the preferred route for many
corporations for mutual R&D projects with Israeli companies."

The Global Enterprise R&D Cooperation framework offers a unique plan for
technological cooperation between Israeli companies and multinational
corporations. According to the framework, the OCS assists such corporations by
locating Israeli technologies that fit their needs and provides financial
support to finance the R&D project. The corporations support the project in
equal value – either by investing funds in the R&D and/or allocating the
necessary resources and means.

In this way the corporations benefit from cutting-edge innovative technology
being developed according to their specific needs and the Israeli companies
benefit from the potential growth and global opportunities becoming available
by partnering with the corporations.

DuPont (NYSE:DD) has been bringing world-class science and engineering to the
global marketplace in the form of innovative products, materials, and services
since 1802. The company believes that by collaborating with customers,
governments, NGOs, and thought leaders we can help find solutions to such
global challenges as providing enough healthy food for people everywhere,
decreasing dependence on fossil fuels, and protecting life and the
environment. For additional information about DuPont and its commitment to
inclusive innovation, please visit http://www.dupont.com.

# # #

3/15/13

This article was originally distributed on PRWeb. For the original version
including any supplementary images or video, visit
http://www.prweb.com/releases/dupont_science_ocs/israel_chief_scientist/prweb10531715.htm

CONTACT: DuPont
         Jane Bachmann
         jane.bachmann@dupont.com
         +1-515-535-4923
 
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