Süd-Chemie and the University of Technology in Munich, Germany, have teamed up for a €20m ($26m) catalysis research project.
In addition to basic research in the field of catalysis, the two companies will develop innovative catalysts as a key technology to safeguard the rising global demand for energy and base chemicals on a long-term basis.
The research will focus on identifying new ways of manufacturing basic chemicals, one of the key topics being the inert gas carbon dioxide.
It will also explore possibilities for efficiently separating greenhouse gas from power plant processes and reusing it in chemical production cycles.
The research will also try to find new ways of creating high-grade intermediate products for plastics and olefins without using oil.
The collaboration is set to last will be for 10 years and, if successful, could be extended further.
