Business & Finance
Wed, May 23, 2012 
DEARBORN, Mich.--([ BUSINESS WIRE ])--The Council for Chemical Research (CCR) honored Dr. William F. Banholzer, Ph.D., executive vice president and chief technology officer at The Dow Chemical Company (NYSE:DOW), with the 2012 Malcolm E. Pruitt Award, dedicated to the recognition of individuals in the industry whose efforts demonstrate exceptional contributions to the development of chemistry-related sciences. The recognition took place at the 33rd Annual CCR Conference in Dearborn, Michigan.
"It is vital that universities and industry participate together in cutting-edge research and train the next generation."
Dr. Banholzer has been recognized for his dedication to furthering collaboration between industry and universities and his persistent efforts to increase funding for research within the chemical industry. In 2011, [ Dow announced an investment of $25 million over 10 years with 11 leading universities in the United States ] to strengthen research in traditional scientific fields important to Dow and to the nationas future.
aDr. Banholzer continues to establish meaningful connections between universities and chemical researchers,a said C. Paul Mendez, Executive Director of CCR, a nonprofit organization dedicated to advancing research in chemistry, chemical engineering and related disciplines. aHis efforts are leading to important advances and will help train the next generation of innovators and solutions-providers in our country.a
An active member of the National Academy of Engineering (NAE), Banholzer was elected as a Councilor for the organization in 2006. He has served NAE by increasing funding for the American Energy Future and currently serves as a member of the NRC Board on Energy and Environmental Systems. He also serves on several university chemical engineering committees, including those of the University of Illinois, the University of California Berkeley and the MIT President Advisory Council for Chemistry and Chemical Engineering.
aChemistry, chemical engineering and materials science are vitally important if we are going to solve the challenges of the future. It is very important to me that Dow support education and research in these areas. The Pruitt Award is a great honor and is made more special because it recognizes a very personal commitment to collaboration between industry and academia,asaid Banholzer. aIt is vital that universities and industry participate together in cutting-edge research and train the next generation.a
Named in honor of CCR founder, the Malcolm E. Pruitt award recognizes outstanding contributions to the progress of chemistry and chemical engineering by promotion of mutually beneficial interactions among universities, the chemical industry and government. Past recipients include Professor Scott Folger, of the University of Michigan, honored in 2010 for over 25 years of contribution to collaborative research in the oil industry. Nominations for the 2013 Malcolm E. Pruitt Award will be accepted through February 2013. For details, requirements and eligibility, visit [ www.ccrhq.org ].
About Dow
Dow (NYSE: Dow) combines the power of science and technology to passionately innovate what is essential to human progress. The company connects chemistry and innovation with the principles of sustainability to help address many of the worldas most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dowas diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2011, Dow had annual sales of $60billion and employed approximately 52,000people worldwide. The companyas more than 5,000 products are manufactured at 197sites in 36countries across the globe. References to "Dow" or the "company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at [ www.dow.com ].
About the Council for Chemical Research
The Council for Chemical Research is a nonprofit organization that brings together industry, academia and government laboratories that conduct research in chemistry-related science and engineering in the US. CCR was formed in 1979 to promote cooperation in basic science research and encourage high quality education in the chemical sciences and engineering. CCR continues to further the mission of improving chemical innovation through collaboration and advocacy. For more information about the Council for Chemical Research, visit [ www.ccrhq.org ].
