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October 1, 2012
By: TOM BRANNA
Editor
• The Society of Chemical Manufacturers and Affiliates (SOCMA) recently launched the Society for the Commercial Development of Industry Biotechnology (SCD-iBIO), a new affiliate groupthat aims to advance the commercialization of industrial biotechnology, which is the application of biology for the production and processing of chemicals, pharmaceuticals, materials and energy. “With industrial biotechnology rapidly emerging as a key technology for economic growth on a global scale, SCD-iBIO will help member companies achieve their common objective of creating a sustainable chemical industry,” said SOCMA president and CEO Lawrence D. Sloan. “We welcome them into our family of affiliate groups and look forward to helping them achieve their goals.” Sloan added that the formation of the group also supports SOCMA’s organizational goal to expand its representation across more sectors of the chemical space. “We feel that industrial biotechnology is at an inflection point, and the practice of commercial development would accelerate the penetration of the field,” noted Larry Drumm, executive director of SCD-iBIO. More info: www.socma.com
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