Cytec Named as Key Member of a New Department of Energy Funded Institute

Cytec Industries will be a member of the Critical Materials Institue, a new research consortium funded by the US Department of Energy. The Critical Materials Institute, being led by Ames Laboratory, is chartered to establish an Energy Innovation Hub and develop solutions to the domestic shortages of rare earth metals and other materials critical for US energy security. The new research center will bring together leading researches from academia, four Department of Energy national laboratories, as well as the private sector.

Mike Radossich, President, Cytec Specialty Chemicals stated "Cytec is very excited and honoured to be engaged and working with such an elite group of indusyru experts in the development of breakthrough technology to benefit industry and society by advancing the availability and cost of critical materials."

Cytec is dedicated to transforming the mining industry with breakthrough innovation. The company uses its onsite experience with the world’s top mining companies to produce products that meet the specific needs of their customers. The products are supported through a team of global sales and technical support.

Rare earth metals are essential in manufacturing wind turbines, electric vehicles, advanced batteries and other products of significance to America’s energy and national security. Cytec as an industry partner from the private sector will help guide the research and make and commercialise viable reagent solutions using their manufacturing and application expertise. These efforts will be utilised to increase availability and security of supply of environmentally friendly sources of energy. Mike Radossich continued, "We are also encouraged by the long-term opportunities presented by the potential for this consortium to become a powerhouse of technology advancement in the science of mining and refining."

 

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