News From the Field
U of M Discovery to Improve Efficiencies in Fuel, Chemical and Pharmaceutical Industries
June 28, 2012
University of Minnesota engineering researchers are leading an international team that has made a major breakthrough in developing a catalyst used during chemical reactions in the production of gasoline, plastics, biofuels, pharmaceuticals and other chemicals. The discovery could lead to major efficiencies and cost savings in these multibillion-dollar industries.
University of Minnesota
The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering. In fiscal year (FY) 2014, its budget is $7.2 billion. NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and other institutions. Each year, NSF receives about 50,000 competitive requests for funding, and makes about 11,500 new funding awards. NSF also awards about $593 million in professional and service contracts yearly.
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