What does the ISCF Transforming the Foundation Industries (TFI) Challenge mean for the Chemicals Sector?
The foundation industries are worth approximately £45bn to the UK economy and employ 500,000 people. However, these sectors are the largest polluters generating 10% of all UK CO2 emissions.
What can be done?
As the capital intensive nature of the industries can make it difficult to adopt new technologies and approaches, the Industrial Strategy Challenge Fund (ISCF) for Transforming the Foundation Industries (TFI) aims to enable these industries to improve productivity and/or resource and energy efficiencies while maintaining a competitive edge through:
- Accelerating innovation and new collaborations across sectors addressing sustainability
- Increasing multi/inter disciplinary research and innovation across sectors.
By NEPIC
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