Tuesday, January 31, 2012

Abstracts of: True stories of success from chemical entrepreneurs

 True Stories of Success from Chemical Entrepreneurs at #ACSSanDiego 

Joseph Sabol  Monday March 26, 2012 San Diego









1 - Starting and building a specialty polymer company

Patrick McCarthyATRP Solutions, Inc., Pittsburgh, PA 15213, United States

ATRP Solutions, Inc. is the world leader in atom transfer radical polymerization (ATRP) technology. Our mission is to enable our customers to capitalize on this rapidly emerging specialty polymer technology. ATRP Solutions, Inc. is a world-wide supplier of ATRP-based reagents, contract research services, and ingredients for personal care and cosmetics products. Our reagents and contract research services create value by enabling our customers to accelerate their research and commercialization of ATRP-based technologies. Our products include Me6TREN and TPMA, which are precursors to highly efficient ATRP catalysts and enable low cost and environmentally friendly processes. Our brands include Ultimate ATRPTM process, a proprietary industrial scale ATRP process technology, and ADVANTOMERTM ingredient, a multi-functional ingredient for the formulation of prestige personal care and cosmetics products. We will discuss the reasons for founding ATRP Solutions, Inc., how we spun the technology out of Carnegie Mellon University, some of the challenges we faced in the early days, and the successes and failures that made it possible for us to grow and expand this specialty polymer company.[p]

Monday, March 26, 2012 08:35 AM
True Stories of Success from Chemical Entrepreneurs (08:30 AM - 11:20 AM)
Location: San Diego Convention Center 
Room: Room 26B

2 - \"Success-failure\" of GreenFUEL Technologies

Marcus GayGaia Consulting Services, United States

GreenFUEL Technologies was developed from the entrepreneurial mind of an enigmatic, gregarious and somewhat visionary chemical engineer; the company was founded in 2001 and grew through 2009 to become the leading developer of biofuel and co-products from algal biomass. An early business model defined the technology as a pollution prevention technology, touting an “Emissions to Biofuel” slogan with a “waste-not, profit-more” tag line. GreenFUEL Technologies, like the plethora of start-up ventures that have followed in it's wake, experienced a roller coaster ride leading to the continued evolution and adaptation of the business model: go-to-market strategy and technology platform. In this presentation we will review the company history and discuss aspects of the company's four key patented technologies. We will review and discuss the challenges that resulted in the downfall of GreenFUEL Technology in 2009 and identify the legacy that remains with GreenFUEL Technologies as a “Success-Failure.”

Monday, March 26, 2012 09:05 AM
True Stories of Success from Chemical Entrepreneurs (08:30 AM - 11:20 AM)
Location: San Diego Convention Center 
Room: Room 26B
3 - GalileoscopeTM: A worldwide telescope manufacturing and distribution company for education and outreach

Douglas N ArionDepartment of Physics and Astronomy and Department of Entrepreneurship, Carthage College, Kenosha, Wisconsin 53140, United States

Galileoscope LLC was founded in 2008 to design, develop, manufacture, and distribute high quality, low-cost telescopes for the International Year of Astronomy - 2009. A lengthy and remarkably complicated process ensued that ultimately resulted in the successful distribution of more than 200,000 telescopes, a third-world telescope donation program, and the continuing operation of the company promoting science education and outreach. Examining the process of creating and running this company offers kernels of insight into the trials and tribulations of engaging in a worldwide technology business venture that are applicable to any discipline and nearly any product. This talk will address the history of this company, and discuss lessons-learned that will benefit others anticipating starting their own firms.[p]
Monday, March 26, 2012 09:35 AM
True Stories of Success from Chemical Entrepreneurs (08:30 AM - 11:20 AM)
Location: San Diego Convention Center 
Room: Room 26B
4 - Staying lean and utilizing social media: Remaining relevant as a small chemical business

Jennifer L. Maclachlan, Jack DriscollPID Analyzers, LLC, Sandwich, MA 02563, United States

As a small chemical business providing turnkey monitoring solutions to a niche market, we recognized the need to apply the principles of lean manufacturing to our standard operating procedures. This decision was made for several reasons, including cost control, supply control, and ease of manufacturing one-of-a-kind systems that stem from a base product. We utilize standardized major components throughout our product lines, such as electronic and mechanical components as well as software platforms. In 2008, as our resources for print advertising were dwindling, we started a monthly E-Newsletter to connect with our current clients and to market new systems, upgrades, and services. Based on our successful first year of the newsletter campaign, we decided to incorporate social media so as to enhance our newsletter reach, i.e., to expand our prospective client base. We started a company blog, opened a Twitter account, and created business pages on Facebook and LinkedIn. In 2011, we have converted leads into sales and can track the source to our social networking activities, including the foregoing social media and active participation in Linked-In discussions and tweets.

Monday, March 26, 2012 10:15 AM
True Stories of Success from Chemical Entrepreneurs (08:30 AM - 11:20 AM)
Location: San Diego Convention Center 
Room: Room 26B


5 - Touching the future of chemistry

M. Catherine Johnson, Clifford R. Canon, John D. ClarkIntegrated Chemistry Design, Inc., Oceanside, CA 92056, United States

Integrated Chemistry Design, Inc. (ICD) was founded to increase communication and collaboration among chemists. ICD introduces new technologies that enhance teamwork and productivity while liberating the creative scientific imagination. As a new product company, ICD is free to adopt the newest and most effective technologies, without the delays and the expenses of maintaining legacy products. We recognize that to give customers a compelling reason to use our products, we have to do more than improve upon existing, familiar solutions. We have embraced the efficiency of mobile touch devices to provide revolutionary, patent-pending multi-touch gestures that enable chemists to create chemical structure drawings with their fingertips -- all without the interference of mouse or keyboard inputs, or searching through hundreds of templates. With our nimble business model and innovative software, we deliver products that offer customers new and powerful solutions to their existing problems, unlike anything available to them before.[p] [p]

Monday, March 26, 2012 10:45 AM
True Stories of Success from Chemical Entrepreneurs (08:30 AM - 11:20 AM)
Location: San Diego Convention Center 
Room: Room 26B


1 comment: