1 Sep 2015
Perstorp Launches an Innovation Challenge
Help us shape the future with Capa™ Thermoplastics
Perstorp - September 01, 2015 - Perstorp, a world leader in specialty chemicals, wants your help in identifying and solving a future challenge in this ever-changing world. In celebration of the 40th anniversary of our versatile Capa™ caprolactone thermoplastic materials, we are launching a competition on Sept. 1.
Our goal via this crowdsourcing initiative is to engage with visionary and technically minded people from all over the world – university students and professionals alike – to scan the horizon for potential challenges, and come up with creative ideas to address them. “We may sometimes forget, but there is a lot of brainpower available outside of Perstorp. I am sure that we will get ideas that we had never thought of”, says Eric Appelman, Vice President Innovations at Perstorp. “We’re excited that this forward-looking, approach will allow us to harness fresh, new ideas by engaging directly with the market as we aim to leverage the use of advanced biodegradable thermoplastics as a sustainable problem-solving material. The competition is directly linked to our core values: Focused Innovation, Responsibility and Reliability”.
Here is the premise for the competition: identify a challenge you think could arise in the next 40 years and build a solution using Capa™ Thermoplastics technology. Participants can enter individually or in teams of two.
Perstorp’s Capa™ caprolactone thermoplastics are durable, strong, stiff, biodegradable, moldable at 60°C, and can be reheated and reshaped over and over again. They offer wear resistance, chemical resistance, UV resistance, gloss, adhesion, low-temperature flexibility, and many other properties. Learn more here.
To participate, you can start by signing up at http://www.perstorpinnovation.com. Then identify a future problem, and innovate a solution using Capa™ Thermoplastics technology. Submit your description of the problem and an image of your solution by Dec. 2, 2015.
Submissions will be judged based on various criteria, including implementability, the degree of innovation involved, the role of Capa™ materials in solving the issue, the role of sustainability in the solution, the potential customer benefit, and your own, personal connection to the problem.
The jury will consist of both external experts as well as representatives from Perstorp. Finalists will be announced in December. The jury will select a winner in April, with an awesome top prize that will consist of: an opportunity to present the winning submission at K-Fair, the world’s largest plastics show, in October 2016 in Dusseldorf, Germany (with entrance fee, travel & accommodation paid by Perstorp AB); a personal senior Perstorp mentor for one year; and a cash prize 40 000 SEK (about 4 300 Euro).
We also will award three finalist prizes. All three will present their concepts to the jury and to Perstorp senior management in February 2016 (with travel and accommodation to be paid by Perstorp). Each finalist also will receive Capa™ material for prototyping, as well as support from Perstorp senior experts until a winner is chosen.
Let’s join forces, combine resources and help to address some of the world’s future challenges – by using one of the world’s most innovative materials.
Perstorp Holding AB
SE-211 20 Malmö
+46 435 380 00
Notes for editors
We put care into chemicals
The Perstorp Group is the world leader in several sectors of the specialty chemicals market for a wide variety of industries and applications. Our products are used in the aerospace, marine, coatings, chemicals, plastics, engineering and construction industries. They can also be found in automotive, agricultural feed, food, packaging, textile, paper and electronics applications. Perstorp has approximately 1,500 employees and manufacturing units in Asia, Europe and North America. Sales in 2013 amounted to more than SEK 10 billion. At the end of 2005 Perstorp Holding AB, controlled by the French private equity company PAI partners, acquired the Perstorp Group.