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2012 Reilly Lecture

Start: 3/21/2012 at 5:00PM
End: 3/22/2012 at 4:30PM
Location: DeBartolo Hall, Room 141 (Both lectures)
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Wednesday, March 21, 2012
5:00 PM, DeBartolo Hall, Rm 141
Refreshments at 4:30 PM — Fitzpatrick Hall, Rm 181

The Future of Fuels and Alternative Feedstocks – Recognizing Hype vs. Practical Limitations
The world aspires for sources of energy and product feedstocks that are 100% sustainable in adequate amounts to support a high standard of living for all. The question is whether these goals are practical. Which new pathways and technologies will emerge to transform our situation? This question is addressed from the perspective of the chemical industry, which was built on oil, natural gas, and coal. These have served as the major raw material feedstocks and energy sources for driving reactions and separations. The industry is exploring new materials and solutions for energy supply and conversion.

Here we consider the mass and energy balances, capital investment and resource requirements of several key alternative energy and feedstock technologies. These considerations determine where we can expect realistic progress toward sustainable chemistry in both the short and long term, and where we should place our investments.

March 22, 2012
3:30 PM, DeBartolo Hall, Rm 141
Refreshments at 3:00 PM — Fitzpatrick Hall, Rm 181

The Challenge of Taking a New Idea into a Commercial Business
The creation of a financially successful product or process from an inventive idea is quite complex. In this talk, the challenge of managing Dow’s $1.7B R&D budget, including project selection, risk management and portfolio optimization, will be addressed. The DOW POWERHOUSE™ Solar Shingle is a case study that illustrates the multitude of decisions required to commercialize a new energy product. Managing the technical, market and supply chain risks and working with government and industry programs and codes are among the topics that will be discussed.